HS Icon Heterocyclic compds with an unfused triazine ring nes

293369 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Heterocyclic compds with an unfused triazine ring nes. In 2019, Heterocyclic compds with an unfused triazine ring nes were the world's 1122nd most traded product, with a total trade of $2.53B. Between 2018 and 2019 the exports of Heterocyclic compds with an unfused triazine ring nes decreased by -1.9%, from $2.58B to $2.53B. Trade in Heterocyclic compds with an unfused triazine ring nes represent 0.014% of total world trade.

Exports In 2019 the top exporters of Heterocyclic compds with an unfused triazine ring nes  were China ($1.25B), Germany ($260M), India ($163M), United States ($121M), and Japan ($107M).

Imports In 2019 the top importers of Heterocyclic compds with an unfused triazine ring nes were United States ($304M), India ($241M), Brazil ($211M), Germany ($143M), and South Korea ($131M).

Tariffs In 2018 the average tariff for Heterocyclic compds with an unfused triazine ring nes was 5.09%, making it the 4076th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Heterocyclic compds with an unfused triazine ring nes are Bahamas (40.2%), Bermuda (25%), Iran (19.7%), Maldives (14.7%), and Romania (14.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Heterocyclic compds with an unfused triazine ring nes ranks 364th in the Product Complexity Index (PCI).

Description The heterocyclic compound with an unfused triazine ring is primarily used for its herbicidal properties. The herbicide is used on a variety of weeds, such as dandelions, clover, and chickweed.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.25B

Top Destination (2019): United States, $304M

Heterocyclic compds with an unfused triazine ring nes are the world's 1122nd most traded product.

In 2019, the top exporters of Heterocyclic compds with an unfused triazine ring nes were China ($1.25B), Germany ($260M), India ($163M), United States ($121M), and Japan ($107M).

In 2019, the top importers of Heterocyclic compds with an unfused triazine ring nes were United States ($304M), India ($241M), Brazil ($211M), Germany ($143M), and South Korea ($131M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): South Korea, $16.5M

Top Destination Growth (2018 - 2019): India, $68.5M

Between 2018 and 2019, the exports of Heterocyclic compds with an unfused triazine ring nes grew the fastest in South Korea ($16.5M), Germany ($12.5M), Israel ($6.6M), United Kingdom ($4.83M), and Switzerland ($4.75M).

Between 2018 and 2019, the fastest growing importers of Heterocyclic compds with an unfused triazine ring nes were India ($68.5M), China ($23.1M), South Korea ($15.2M), Chinese Taipei ($13.8M), and Latvia ($6.07M).

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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 Heterocyclic compds with an unfused triazine ring nes.

In 2019,  market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Heterocyclic compds with an unfused triazine ring nes are explained by 7 countries.

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TOP NET EXPORTER (2019): China, $1.14B

TOP NET IMPORTER (2019): Brazil, $210M

This map shows which countries export or import more of Heterocyclic compds with an unfused triazine ring nes. Each country is colored based on the difference in exports and imports of Heterocyclic compds with an unfused triazine ring nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Heterocyclic compds with an unfused triazine ring nes were China ($1.14B), Germany ($116M), Poland ($34.4M), Chinese Taipei ($27.8M), and Japan ($20.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Heterocyclic compds with an unfused triazine ring nes were Brazil ($210M), United States ($183M), France ($80.2M), South Korea ($79.9M), and India ($78M).

Import Tariffs

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In 2018, the average tariff for importing Heterocyclic compds with an unfused triazine ring nes was 5.09%. The countries with the highest tariffs for importing Heterocyclic compds with an unfused triazine ring nes were Bahamas (40.2%), Bermuda (25%), Iran (19.7%), Maldives (14.7%), and Romania (14.3%).

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.