HS Icon Anhydrous ammonia

281410 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.95B, Rnk 465 / 4726

Top Exporter (2018): $1.31B, Saudi Arabia

Top Importer (2018): $1.25B, India

Product Complexity (2018): -0.99, Rnk 3993 / 4873

Export Growth (CAGR)(2017 - 2018): 40.3%, Rnk 488 / 4726

Mean Tariff (2018): 4.7%, Rnk 4379 / 6538

Share of World Trade (2018): 0.038%, Rnk 465 / 4726

Overview:  This page contains the latest trade data of Anhydrous ammonia. In 2018, Anhydrous ammonia were the world's 465th most traded product, with a total trade of $6.95B. Between 2017 and 2018 the exports of Anhydrous ammonia grew by 40.3%, from  $4.95B to $6.95B. Trade in Anhydrous ammonia represent 0.038% of total world trade.

Exports: In 2018 the top exporters of Anhydrous ammonia  were Saudi Arabia ($1.31B), Russia ($1.23B), Trinidad and Tobago ($1.15B), Algeria ($456M), and Indonesia ($451M).

Imports: In 2018 the top importers of Anhydrous ammonia were India ($1.25B), United States ($1.01B), South Korea ($400M), Belgium-Luxembourg ($345M), and Morocco ($312M).

Tariffs: In 2018 the average tariff for Anhydrous ammonia was 4.7%, been the 4379 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Anhydrous ammonia are Bahamas (41.8%), Bermuda (25%), Romania (16.6%), Jamaica (15%), and Bulgaria (14.4%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritania (0%), and Mauritius (0%).

Ranking: Anhydrous ammonia ranks 3993rd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Saudi Arabia, $1.31B

Top Destination (2018): India, $1.25B

Anhydrous ammonia are the world's 465th most traded product.

In 2018, the top exporters of Anhydrous ammonia were Saudi Arabia ($1.31B), Russia ($1.23B), Trinidad and Tobago ($1.15B), Algeria ($456M), and Indonesia ($451M).

In 2018, the top importers of Anhydrous ammonia were India ($1.25B), United States ($1.01B), South Korea ($400M), Belgium-Luxembourg ($345M), and Morocco ($312M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $856M

Top Destination Growth (2017 - 2018): India, $655M

Between 2017 and 2018, the exports of Anhydrous ammonia grew the fastest in Saudi Arabia ($856M), Russia ($438M), Trinidad and Tobago ($185M), Algeria ($141M), and Egypt ($131M).

Between 2017 and 2018, the fastest growing importers of Anhydrous ammonia were India ($655M), Morocco ($225M), Brazil ($198M), Bangladesh ($156M), and Chinese Taipei ($140M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Anhydrous ammonia.

In 2018,  market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Anhydrous ammonia are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Saudi Arabia, $1.31B

TOP NET IMPORTER (2018): India, $1.25B

This map shows which countries export or import more of Anhydrous ammonia. Each country is colored based on the difference in exports and imports of Anhydrous ammonia during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Anhydrous ammonia were Saudi Arabia ($1.31B), Russia ($1.23B), Trinidad and Tobago ($1.15B), Algeria ($456M), and Indonesia ($444M).

In 2018, the countries that had a largest trade value in imports than in exports of Anhydrous ammonia were India ($1.25B), United States ($892M), South Korea ($384M), Belgium-Luxembourg ($326M), and China ($250M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Anhydrous ammonia. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Anhydrous ammonia was 4.7%.  The countries with the highest tariffs for importing Anhydrous ammonia were Bahamas (41.8%), Bermuda (25%), Romania (16.6%), Jamaica (15%), and Bulgaria (14.4%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.