HS Icon Quaternary Ammonium Salts and Hydroxides

2923 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.46B, Rnk 681 / 1225

Top Exporter (2018): $512M, China

Top Importer (2018): $252M, United States

Product Complexity (2018): 0.62, Rnk 321 / 1018

Export Growth (CAGR)(2017 - 2018): 11.1%, Rnk 714 / 1225

Mean Tariff (2018): 3.47%, Rnk 1082 / 1259

Share of World Trade (2018): 0.013%, Rnk 681 / 1225

Overview:  This page contains the latest trade data of Quaternary Ammonium Salts and Hydroxides. In 2018, Quaternary Ammonium Salts and Hydroxides were the world's 681st most traded product, with a total trade of $2.46B. Between 2017 and 2018 the exports of Quaternary Ammonium Salts and Hydroxides grew by 11.1%, from  $2.21B to $2.46B. Trade in Quaternary Ammonium Salts and Hydroxides represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Quaternary Ammonium Salts and Hydroxides  were China ($512M), United States ($336M), Germany ($296M), Netherlands ($216M), and Italy ($133M).

Imports: In 2018 the top importers of Quaternary Ammonium Salts and Hydroxides were United States ($252M), Netherlands ($202M), South Korea ($188M), Germany ($167M), and China ($113M).

Tariffs: In 2018 the average tariff for Quaternary Ammonium Salts and Hydroxides was 3.47%, been the 1082 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Quaternary Ammonium Salts and Hydroxides are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Ethiopia (9.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Quaternary Ammonium Salts and Hydroxides ranks 321st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $512M

Top Destination (2018): United States, $252M

Quaternary Ammonium Salts and Hydroxides are the world's 681st most traded product.

In 2018, the top exporters of Quaternary Ammonium Salts and Hydroxides were China ($512M), United States ($336M), Germany ($296M), Netherlands ($216M), and Italy ($133M).

In 2018, the top importers of Quaternary Ammonium Salts and Hydroxides were United States ($252M), Netherlands ($202M), South Korea ($188M), Germany ($167M), and China ($113M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $72.4M

Top Destination Growth (2017 - 2018): United States, $43.8M

Between 2017 and 2018, the exports of Quaternary Ammonium Salts and Hydroxides grew the fastest in United States ($72.4M), Belgium-Luxembourg ($37.5M), Denmark ($20.2M), Finland ($14.6M), and Japan ($14.6M).

Between 2017 and 2018, the fastest growing importers of Quaternary Ammonium Salts and Hydroxides were United States ($43.8M), China ($30.4M), United Kingdom ($25.7M), Brazil ($23.2M), and Thailand ($16.5M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Quaternary Ammonium Salts and Hydroxides.

In 2018,  market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Quaternary Ammonium Salts and Hydroxides are explained by 16 countries.

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TOP NET EXPORTER (2018): China, $398M

TOP NET IMPORTER (2018): South Korea, $136M

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

In 2018, the countries that had a largest trade value in exports than in imports of Quaternary Ammonium Salts and Hydroxides were China ($398M), Germany ($129M), United States ($83.2M), India ($76M), and Finland ($63.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Quaternary Ammonium Salts and Hydroxides were South Korea ($136M), United Kingdom ($66.4M), Thailand ($60.8M), France ($55.7M), and Canada ($50.3M).

Trade Forecasts

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This section shows forecasts for total trade for Quaternary Ammonium Salts and Hydroxides. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Quaternary Ammonium Salts and Hydroxides was 3.47%.  The countries with the highest tariffs for importing Quaternary Ammonium Salts and Hydroxides were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Ethiopia (9.9%).

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Product Complexity

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Diversification Frontier

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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.