Phosphoric Esters and Salts2919 (Harmonized System 1992 for 4-digit)
2020 World Trade: $943M, Rnk 906 / 1217
2020 Top Exporter | Top Importer: $448M | $103M, United States | China
2020 Product Complexity: 1.75, Rnk 18 / 1028
2019 - 2020 Export Growth (CAGR): -2.24%, Rnk 415 / 1217
2018 Mean Tariff: 4.03%, Rnk 1004 / 1259
2020 Share of World Trade: 0.0056%, Rnk 906 / 1217
Overview This page contains the latest trade data of Phosphoric Esters and Salts. In 2020, Phosphoric Esters and Salts were the world's 906th most traded product, with a total trade of $943M. Between 2019 and 2020 the exports of Phosphoric Esters and Salts decreased by -2.24%, from $965M to $943M. Trade in Phosphoric Esters and Salts represent 0.0056% of total world trade.
Phosphoric Esters and Salts are a part of Organic chemicals. They include Phosphoric esters, their salts and derivatives.
Exports In 2020 the top exporters of Phosphoric Esters and Salts were China ($448M), Germany ($136M), Netherlands ($83.4M), Japan ($80.9M), and United States ($40.5M).
Imports In 2020 the top importers of Phosphoric Esters and Salts were United States ($103M), South Korea ($92.6M), Netherlands ($82.2M), Germany ($68.4M), and France ($39.1M).
Tariffs In 2018 the average tariff for Phosphoric Esters and Salts was 4.03%, making it the 1004th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Phosphoric Esters and Salts are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Phosphoric Esters and Salts ranks 18th in the Product Complexity Index (PCI).
Description Phosphoric esters and their salts are used in a variety of applications, including as food additives, flame retardants, plasticizers, rust inhibitors, and water treatment agents. Phosphoric esters are found in many foods, including cheese, chocolate, and soda. Lactophosphates are used in the production of cheese. Halogenated, sulphonated, nitrated or nitrosated derivatives are used as flame retardants.
The following visualization shows the latest trends on Phosphoric Esters and Salts. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $448M
Top Destination (2020): United States, $103M
Phosphoric Esters and Salts are the world's 906th most traded product.
In 2020, the top exporters of Phosphoric Esters and Salts were China ($448M), Germany ($136M), Netherlands ($83.4M), Japan ($80.9M), and United States ($40.5M).
In 2020, the top importers of Phosphoric Esters and Salts were United States ($103M), South Korea ($92.6M), Netherlands ($82.2M), Germany ($68.4M), and France ($39.1M).
Trade by country
Top Origin Growth (2019 - 2020): Netherlands, $21.7M
Top Destination Growth (2019 - 2020): Portugal, $12.8M
Between 2019 and 2020, the exports of Phosphoric Esters and Salts grew the fastest in Netherlands ($21.7M), Japan ($13.1M), Germany ($9.03M), Hong Kong ($7.84M), and Switzerland ($1.94M).
Between 2019 and 2020, the fastest growing importers of Phosphoric Esters and Salts were Portugal ($12.8M), China ($6.52M), Mexico ($5.36M), Ireland ($4.87M), and Japan ($3.83M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Phosphoric Esters and Salts.
In 2020, market concentration measured using Shannon Entropy, was 2.8. This means that most of the exports of Phosphoric Esters and Salts are explained by 6 countries.
TOP NET EXPORTER (2020): China, $414M
TOP NET IMPORTER (2020): South Korea, $83.8M
This map shows which countries export or import more of Phosphoric Esters and Salts. Each country is colored based on the difference in exports and imports of Phosphoric Esters and Salts during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Phosphoric Esters and Salts were China ($414M), Germany ($67.6M), Japan ($52.8M), Hong Kong ($6.29M), and Switzerland ($5.23M).
In 2020, the countries that had a largest trade value in imports than in exports of Phosphoric Esters and Salts were South Korea ($83.8M), United States ($62.3M), Hungary ($30.9M), Belgium ($26M), and Canada ($24.3M).
In 2019, the world most traded Phosphoric Esters and Salts, disaggragated by their HS6 level were Phosphoric esters, their salts and derivatives ($943M)
This visualization shows the countries that have an important ratio of their trade related to Phosphoric Esters and Salts. It is possible to select the main countries that export or import Phosphoric Esters and Salts in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Phosphoric Esters and Salts was 4.03%. The countries with the highest tariffs for importing Phosphoric Esters and Salts were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%).
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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