Reaction and Catalytic Products3815 (Harmonized System 1992 for 4-digit)
2020 World Trade: $21.8B, Rnk 166 / 1217
2020 Top Exporter | Top Importer: $4.41B | $3.43B, United States | Germany
2020 Product Complexity: 0.59, Rnk 326 / 1028
2019 - 2020 Export Growth (CAGR): 2.49%, Rnk 257 / 1217
2018 Mean Tariff: 3.56%, Rnk 1086 / 1259
2020 Share of World Trade: 0.13%, Rnk 166 / 1217
Overview This page contains the latest trade data of Reaction and Catalytic Products. In 2020, Reaction and Catalytic Products were the world's 166th most traded product, with a total trade of $21.8B. Between 2019 and 2020 the exports of Reaction and Catalytic Products grew by 2.49%, from $21.3B to $21.8B. Trade in Reaction and Catalytic Products represent 0.13% of total world trade.
Reaction and Catalytic Products are a part of Chemical products n.e.s.. They include Supported catalysts, precious metal based, Supported catalysts, except nickel or precious metal, Reaction initiators, accelerators, catalysts, others, and Supported catalysts, nickel based.
Exports In 2020 the top exporters of Reaction and Catalytic Products were United States ($4.41B), Germany ($3.52B), Japan ($1.72B), North Macedonia ($1.4B), and Poland ($1.26B).
Imports In 2020 the top importers of Reaction and Catalytic Products were Germany ($3.43B), China ($1.77B), United States ($1.61B), Mexico ($1.31B), and South Korea ($955M).
Tariffs In 2018 the average tariff for Reaction and Catalytic Products was 3.56%, making it the 1086th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Reaction and Catalytic Products are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Iran (20%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).
Ranking Reaction and Catalytic Products ranks 326th in the Product Complexity Index (PCI).
Description The common uses of reaction initiators, reaction accelerators and catalytic preparations, not elsewhere specified (excl. rubber accelerators) are in the production of paints, polymers, plastics, detergents, pharmaceuticals, and other chemicals.
The following visualization shows the latest trends on Reaction and Catalytic Products. 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): United States, $4.41B
Top Destination (2020): Germany, $3.43B
Reaction and Catalytic Products are the world's 166th most traded product.
In 2020, the top exporters of Reaction and Catalytic Products were United States ($4.41B), Germany ($3.52B), Japan ($1.72B), North Macedonia ($1.4B), and Poland ($1.26B).
In 2020, the top importers of Reaction and Catalytic Products were Germany ($3.43B), China ($1.77B), United States ($1.61B), Mexico ($1.31B), and South Korea ($955M).
Trade by country
Between 2019 and 2020, the exports of Reaction and Catalytic Products grew the fastest in Poland ($508M), Italy ($306M), United Kingdom ($301M), Thailand ($221M), and Japan ($179M).
Between 2019 and 2020, the fastest growing importers of Reaction and Catalytic Products were China ($497M), Germany ($292M), Japan ($248M), United States ($233M), and Portugal ($175M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Reaction and Catalytic Products.
In 2020, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Reaction and Catalytic Products are explained by 17 countries.
TOP NET EXPORTER (2020): United States, $2.79B
TOP NET IMPORTER (2020): Mexico, $1.2B
This map shows which countries export or import more of Reaction and Catalytic Products. Each country is colored based on the difference in exports and imports of Reaction and Catalytic Products during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Reaction and Catalytic Products were United States ($2.79B), North Macedonia ($1.38B), Japan ($961M), Poland ($878M), and United Kingdom ($647M).
In 2020, the countries that had a largest trade value in imports than in exports of Reaction and Catalytic Products were Mexico ($1.2B), China ($1.05B), Portugal ($836M), South Korea ($758M), and Chinese Taipei ($483M).
In 2020, the world most traded Reaction and Catalytic Products, disaggragated by their HS6 level were Supported catalysts, precious metal based ($12.6B), Supported catalysts, except nickel or precious... ($4.38B), Reaction initiators, accelerators, catalysts, nes ($3.57B), and Supported catalysts, nickel based ($1.27B)
This visualization shows the countries that have an important ratio of their trade related to Reaction and Catalytic Products. It is possible to select the main countries that export or import Reaction and Catalytic Products in the world, or by continent, as well as select the measure of interest.
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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