HS Icon 10 kg onClick=titleClick(0)>Ammonium nitrate, including solution, in pack >10 kg

310230 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.14B, Rnk 1260 / 4726

Top Exporter (2018): $702M, Russia

Top Importer (2018): $277M, Brazil

Product Complexity (2018): -0.98, Rnk 3976 / 4873

Export Growth (CAGR)(2017 - 2018): 9.25%, Rnk 2781 / 4726

Mean Tariff (2018): 4.54%, Rnk 4485 / 6538

Share of World Trade (2018): 0.012%, Rnk 1260 / 4726

Overview:  This page contains the latest trade data of Ammonium nitrate, including solution, in pack >10 kg. In 2018, Ammonium nitrate, including solution, in pack >10 kg were the world's 1260th most traded product, with a total trade of $2.14B. Between 2017 and 2018 the exports of Ammonium nitrate, including solution, in pack >10 kg grew by 9.25%, from  $1.96B to $2.14B. Trade in Ammonium nitrate, including solution, in pack >10 kg represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Ammonium nitrate, including solution, in pack >10 kg  were Russia ($702M), Sweden ($101M), Georgia ($95.3M), United States ($92.6M), and Lithuania ($90.8M).

Imports: In 2018 the top importers of Ammonium nitrate, including solution, in pack >10 kg were Brazil ($277M), United States ($84.8M), Ukraine ($83.1M), Peru ($82.8M), and Australia ($71.4M).

Tariffs: In 2018 the average tariff for Ammonium nitrate, including solution, in pack >10 kg was 4.54%, been the 4485 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ammonium nitrate, including solution, in pack >10 kg are Zimbabwe (22.8%), Bulgaria (21.4%), Algeria (12.2%), Hungary (10%), and Uzbekistan (9.58%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Egypt (0%), Ethiopia (0%), and Ghana (0%).

Ranking: Ammonium nitrate, including solution, in pack >10 kg ranks 3976th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $702M

Top Destination (2018): Brazil, $277M

Ammonium nitrate, including solution, in pack >10 kg are the world's 1260th most traded product.

In 2018, the top exporters of Ammonium nitrate, including solution, in pack >10 kg were Russia ($702M), Sweden ($101M), Georgia ($95.3M), United States ($92.6M), and Lithuania ($90.8M).

In 2018, the top importers of Ammonium nitrate, including solution, in pack >10 kg were Brazil ($277M), United States ($84.8M), Ukraine ($83.1M), Peru ($82.8M), and Australia ($71.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Turkey, $26.7M

Top Destination Growth (2017 - 2018): Zimbabwe, $50.3M

Between 2017 and 2018, the exports of Ammonium nitrate, including solution, in pack >10 kg grew the fastest in Turkey ($26.7M), Thailand ($26.2M), China ($21M), Canada ($17.5M), and Croatia ($17.3M).

Between 2017 and 2018, the fastest growing importers of Ammonium nitrate, including solution, in pack >10 kg were Zimbabwe ($50.3M), Australia ($32.9M), India ($18.4M), Ukraine ($17.9M), and United States ($17.1M).

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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 Ammonium nitrate, including solution, in pack >10 kg.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Ammonium nitrate, including solution, in pack >10 kg are explained by 19 countries.

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TOP NET EXPORTER (2018): Russia, $701M

TOP NET IMPORTER (2018): Brazil, $276M

This map shows which countries export or import more of Ammonium nitrate, including solution, in pack >10 kg. Each country is colored based on the difference in exports and imports of Ammonium nitrate, including solution, in pack >10 kg during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Ammonium nitrate, including solution, in pack >10 kg were Russia ($701M), Georgia ($93.3M), Sweden ($85.3M), China ($82.5M), and Lithuania ($67.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Ammonium nitrate, including solution, in pack >10 kg were Brazil ($276M), Ukraine ($83M), Peru ($82.6M), Australia ($64.3M), and Mexico ($54M).

Trade Forecasts

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This section shows forecasts for total trade for Ammonium nitrate, including solution, in pack >10 kg. 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 Ammonium nitrate, including solution, in pack >10 kg was 4.54%.  The countries with the highest tariffs for importing Ammonium nitrate, including solution, in pack >10 kg were Zimbabwe (22.8%), Bulgaria (21.4%), Algeria (12.2%), Hungary (10%), and Uzbekistan (9.58%).

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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.