HS Icon Sulfonamides

2935 (Harmonized System 1992 for 4-digit)

World Trade (2018): $10.5B, Rnk 316 / 1225

Top Exporter (2018): $4.08B, Ireland

Top Importer (2018): $3.95B, United States

Product Complexity (2018): 1.18, Rnk 107 / 1018

Export Growth (CAGR)(2017 - 2018): 17.6%, Rnk 402 / 1225

Mean Tariff (2018): 5.19%, Rnk 794 / 1259

Share of World Trade (2018): 0.057%, Rnk 316 / 1225

Overview:  This page contains the latest trade data of Sulfonamides. In 2018, Sulfonamides were the world's 316th most traded product, with a total trade of $10.5B. Between 2017 and 2018 the exports of Sulfonamides grew by 17.6%, from  $8.93B to $10.5B. Trade in Sulfonamides represent 0.057% of total world trade.

Exports: In 2018 the top exporters of Sulfonamides  were Ireland ($4.08B), Singapore ($2.16B), China ($842M), United Kingdom ($530M), and United States ($426M).

Imports: In 2018 the top importers of Sulfonamides were United States ($3.95B), Germany ($1.87B), France ($585M), Canada ($569M), and Panama ($493M).

Tariffs: In 2018 the average tariff for Sulfonamides was 5.19%, been the 794 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfonamides are Bahamas (40.2%), Bermuda (25%), Iran (19.7%), Maldives (14.7%), and Romania (12.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Sulfonamides ranks 107th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Ireland, $4.08B

Top Destination (2018): United States, $3.95B

Sulfonamides are the world's 316th most traded product.

In 2018, the top exporters of Sulfonamides were Ireland ($4.08B), Singapore ($2.16B), China ($842M), United Kingdom ($530M), and United States ($426M).

In 2018, the top importers of Sulfonamides were United States ($3.95B), Germany ($1.87B), France ($585M), Canada ($569M), and Panama ($493M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Singapore, $412M

Top Destination Growth (2017 - 2018): United States, $2.08B

Between 2017 and 2018, the exports of Sulfonamides grew the fastest in Singapore ($412M), United Kingdom ($373M), Netherlands ($353M), Italy ($138M), and Ireland ($130M).

Between 2017 and 2018, the fastest growing importers of Sulfonamides were United States ($2.08B), Canada ($438M), Germany ($171M), Netherlands ($110M), and Italy ($106M).

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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 Sulfonamides.

In 2018,  market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Sulfonamides are explained by 7 countries.

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TOP NET EXPORTER (2018): Ireland, $3.82B

TOP NET IMPORTER (2018): United States, $3.52B

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

In 2018, the countries that had a largest trade value in exports than in imports of Sulfonamides were Ireland ($3.82B), Singapore ($2.08B), China ($546M), United Kingdom ($446M), and India ($238M).

In 2018, the countries that had a largest trade value in imports than in exports of Sulfonamides were United States ($3.52B), Germany ($1.7B), Canada ($567M), Panama ($493M), and France ($317M).

Trade Forecasts

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This section shows forecasts for total trade for Sulfonamides. 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 Sulfonamides was 5.19%.  The countries with the highest tariffs for importing Sulfonamides were Bahamas (40.2%), Bermuda (25%), Iran (19.7%), Maldives (14.7%), and Romania (12.4%).

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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.