HS Icon Diazo, Azo or Aoxy Compounds

2927 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Diazo, Azo or Aoxy Compounds. In 2019, Diazo, Azo or Aoxy Compounds were the world's 996th most traded product, with a total trade of $596M. Between 2018 and 2019 the exports of Diazo, Azo or Aoxy Compounds decreased by -4.03%, from $621M to $596M. Trade in Diazo, Azo or Aoxy Compounds represent 0.0033% of total world trade.

Exports In 2019 the top exporters of Diazo, Azo or Aoxy Compounds  were China ($218M), Indonesia ($70.7M), South Korea ($59.5M), India ($58M), and Japan ($56.8M).

Imports In 2019 the top importers of Diazo, Azo or Aoxy Compounds were South Korea ($63.5M), United States ($57.5M), Chinese Taipei ($46.5M), Germany ($43M), and Japan ($36.8M).

Tariffs In 2018 the average tariff for Diazo, Azo or Aoxy Compounds was 3.95%, making it the 1004th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Diazo, Azo or Aoxy Compounds are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Romania (11.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $218M

Top Destination (2019): South Korea, $63.5M

Diazo, Azo or Aoxy Compounds are the world's 996th most traded product.

In 2019, the top exporters of Diazo, Azo or Aoxy Compounds were China ($218M), Indonesia ($70.7M), South Korea ($59.5M), India ($58M), and Japan ($56.8M).

In 2019, the top importers of Diazo, Azo or Aoxy Compounds were South Korea ($63.5M), United States ($57.5M), Chinese Taipei ($46.5M), Germany ($43M), and Japan ($36.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): India, $9.79M

Top Destination Growth (2018 - 2019): Brazil, $9.51M

Between 2018 and 2019, the exports of Diazo, Azo or Aoxy Compounds grew the fastest in India ($9.79M), South Korea ($6.3M), Hong Kong ($3.33M), Switzerland ($1.74M), and France ($1.32M).

Between 2018 and 2019, the fastest growing importers of Diazo, Azo or Aoxy Compounds were Brazil ($9.51M), Vietnam ($5.4M), India ($5.16M), Netherlands ($3.41M), and China ($3.33M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Diazo, Azo or Aoxy Compounds.

In 2019,  market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Diazo, Azo or Aoxy Compounds are explained by 9 countries.

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TOP NET EXPORTER (2019): China, $191M

TOP NET IMPORTER (2019): Chinese Taipei, $39.8M

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

In 2019, the countries that had a largest trade value in exports than in imports of Diazo, Azo or Aoxy Compounds were China ($191M), Indonesia ($55.8M), India ($33.5M), Japan ($20M), and Mexico ($11.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Diazo, Azo or Aoxy Compounds were Chinese Taipei ($39.8M), United States ($35M), Brazil ($32.1M), Germany ($23.8M), and Vietnam ($23M).

Disaggregation

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Value

In 2019, the world most traded Diazo, Azo or Aoxy Compounds, disaggragated by their HS6 level were Diazo-, azo- or azoxy-compounds ($596M)

Import Tariffs

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In 2018, the average tariff for importing Diazo, Azo or Aoxy Compounds was 3.95%. The countries with the highest tariffs for importing Diazo, Azo or Aoxy Compounds were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Romania (11.8%).

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 Diazo, Azo or Aoxy Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.