HS Icon Nitrites and Nitrates

2834 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Nitrites and Nitrates. In 2019, Nitrites and Nitrates were the world's 853rd most traded product, with a total trade of $1.26B. Between 2018 and 2019 the exports of Nitrites and Nitrates decreased by -15.5%, from $1.49B to $1.26B. Trade in Nitrites and Nitrates represent 0.0069% of total world trade.

Exports: In 2019 the top exporters of Nitrites and Nitrates  were Chile ($301M), China ($195M), Israel ($97.6M), Jordan ($78M), and Netherlands ($77.5M).

Imports: In 2019 the top importers of Nitrites and Nitrates were Netherlands ($142M), Spain ($133M), United States ($107M), Germany ($43.6M), and South Africa ($38.7M).

Tariffs: In 2018 the average tariff for Nitrites and Nitrates was 4.06%, making it the 984th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Nitrites and Nitrates are Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Nitrites and Nitrates ranks 618th in the Product Complexity Index (PCI).

Description: Nitrites and nitrates are often used in curing meats to prevent botulism, and to give the meat a pink color.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Chile, $301M

Top Destination (2019): Netherlands, $142M

Nitrites and Nitrates are the world's 853rd most traded product.

In 2019, the top exporters of Nitrites and Nitrates were Chile ($301M), China ($195M), Israel ($97.6M), Jordan ($78M), and Netherlands ($77.5M).

In 2019, the top importers of Nitrites and Nitrates were Netherlands ($142M), Spain ($133M), United States ($107M), Germany ($43.6M), and South Africa ($38.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Israel, $14.8M

Top Destination Growth (2018 - 2019): United States, $13.7M

Between 2018 and 2019, the exports of Nitrites and Nitrates grew the fastest in Israel ($14.8M), Denmark ($5.23M), Jordan ($5.16M), South Africa ($4.24M), and Greece ($2.73M).

Between 2018 and 2019, the fastest growing importers of Nitrites and Nitrates were United States ($13.7M), Russia ($5.67M), Greece ($4.84M), Canada ($4.32M), and Kenya ($3.85M).

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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 Nitrites and Nitrates.

In 2019,  market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Nitrites and Nitrates are explained by 15 countries.

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TOP NET EXPORTER (2019): Chile, $291M

TOP NET IMPORTER (2019): Spain, $80.3M

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

In 2019, the countries that had a largest trade value in exports than in imports of Nitrites and Nitrates were Chile ($291M), China ($181M), Israel ($91.7M), Jordan ($75.9M), and Norway ($35.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Nitrites and Nitrates were Spain ($80.3M), United States ($65.9M), Netherlands ($64.3M), Italy ($33.5M), and Canada ($33.4M).

Disaggregation

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Value

In 2019, the world most traded Nitrites and Nitrates, disaggragated by their HS6 level were Potassium nitrate ($774M), Nitrates of metals except potassium and... ($380M), and Nitrites of metals ($104M)

Import Tariffs

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In 2018, the average tariff for importing Nitrites and Nitrates was 4.06%. The countries with the highest tariffs for importing Nitrites and Nitrates were Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%).

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 Nitrites and Nitrates to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.