HS Icon Cyanides

2837 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Cyanides. In 2019, Cyanides were the world's 866th most traded product, with a total trade of $1.2B. Between 2018 and 2019 the exports of Cyanides grew by 5.3%, from $1.14B to $1.2B. Trade in Cyanides represent 0.0066% of total world trade.

Exports: In 2019 the top exporters of Cyanides  were China ($254M), United States ($242M), South Korea ($233M), Australia ($144M), and Germany ($76M).

Imports: In 2019 the top importers of Cyanides were Mexico ($152M), Peru ($94.2M), Canada ($76.2M), Turkey ($63.4M), and Russia ($61.9M).

Tariffs: In 2018 the average tariff for Cyanides was 4.07%, making it the 978th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cyanides are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Romania (14.2%), and Algeria (13.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Cyanides ranks 810th in the Product Complexity Index (PCI).

Description: Cyanides are used as fumigants, insecticides, and in the production of plastics. Cyanide oxides are used in the production of pigments, plastics, and textiles. Complex cyanides are used in the production of plastics, textiles, and pigments.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $254M

Top Destination (2019): Mexico, $152M

Cyanides are the world's 866th most traded product.

In 2019, the top exporters of Cyanides were China ($254M), United States ($242M), South Korea ($233M), Australia ($144M), and Germany ($76M).

In 2019, the top importers of Cyanides were Mexico ($152M), Peru ($94.2M), Canada ($76.2M), Turkey ($63.4M), and Russia ($61.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $53M

Top Destination Growth (2018 - 2019): India, $20.5M

Between 2018 and 2019, the exports of Cyanides grew the fastest in China ($53M), Russia ($16.5M), Czechia ($11.3M), Kazakhstan ($10.9M), and South Korea ($6.19M).

Between 2018 and 2019, the fastest growing importers of Cyanides were India ($20.5M), Kazakhstan ($16.7M), Russia ($14.5M), Cote d'Ivoire ($11.6M), and Myanmar ($9.59M).

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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 Cyanides.

In 2019,  market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Cyanides are explained by 9 countries.

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TOP NET EXPORTER (2019): China, $240M

TOP NET IMPORTER (2019): Mexico, $152M

This map shows which countries export or import more of Cyanides. Each country is colored based on the difference in exports and imports of Cyanides during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Cyanides were China ($240M), United States ($231M), South Korea ($229M), Australia ($143M), and Germany ($60M).

In 2019, the countries that had a largest trade value in imports than in exports of Cyanides were Mexico ($152M), Peru ($91M), Canada ($75.3M), Turkey ($62.7M), and Indonesia ($36.8M).

Disaggregation

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Value

In 2019, the world most traded Cyanides, disaggragated by their HS6 level were Cyanides and cyanide oxides of sodium ($1.09B), Cyanides and cyanide oxides of metals... ($66.5M), and Complex cyanides of metals ($46.7M)

Import Tariffs

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In 2018, the average tariff for importing Cyanides was 4.07%. The countries with the highest tariffs for importing Cyanides were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Romania (14.2%), and Algeria (13.3%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Cyanides to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.