HS Icon Nitrogen Heterocyclic Compounds

2933 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Nitrogen Heterocyclic Compounds. In 2019, Nitrogen Heterocyclic Compounds were the world's 30th most traded product, with a total trade of $83.7B. Between 2018 and 2019 the exports of Nitrogen Heterocyclic Compounds grew by 2.62%, from $81.6B to $83.7B. Trade in Nitrogen Heterocyclic Compounds represent 0.46% of total world trade.

Exports In 2019 the top exporters of Nitrogen Heterocyclic Compounds  were Ireland ($27.8B), Switzerland ($10.3B), China ($9.16B), Belgium ($7.62B), and United Kingdom ($5.96B).

Imports In 2019 the top importers of Nitrogen Heterocyclic Compounds were Germany ($17.9B), United States ($12.6B), Belgium ($8.63B), Switzerland ($6.71B), and Italy ($3.74B).

Tariffs In 2018 the average tariff for Nitrogen Heterocyclic Compounds was 4.23%, making it the 948th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Nitrogen Heterocyclic Compounds are Bahamas (40.2%), Bermuda (25%), Iran (18%), Maldives (14.7%), and Algeria (13%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking Nitrogen Heterocyclic Compounds ranks 150th in the Product Complexity Index (PCI).

Description Heterocyclic compounds are organic compounds that contain a heteroatom in their ring. Nitrogen is the most common heteroatom. Nitrogen heterocycles are used in pharmaceuticals, such as antibiotics and anti-tumor drugs.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Ireland, $27.8B

Top Destination (2019): Germany, $17.9B

Nitrogen Heterocyclic Compounds are the world's 30th most traded product.

In 2019, the top exporters of Nitrogen Heterocyclic Compounds were Ireland ($27.8B), Switzerland ($10.3B), China ($9.16B), Belgium ($7.62B), and United Kingdom ($5.96B).

In 2019, the top importers of Nitrogen Heterocyclic Compounds were Germany ($17.9B), United States ($12.6B), Belgium ($8.63B), Switzerland ($6.71B), and Italy ($3.74B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ireland, $3.29B

Top Destination Growth (2018 - 2019): Germany, $2.7B

Between 2018 and 2019, the exports of Nitrogen Heterocyclic Compounds grew the fastest in Ireland ($3.29B), United Kingdom ($2.32B), Israel ($796M), Switzerland ($629M), and India ($499M).

Between 2018 and 2019, the fastest growing importers of Nitrogen Heterocyclic Compounds were Germany ($2.7B), United States ($1.36B), United Kingdom ($845M), Singapore ($557M), and Switzerland ($354M).

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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 Nitrogen Heterocyclic Compounds.

In 2019,  market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Nitrogen Heterocyclic Compounds are explained by 10 countries.

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TOP NET EXPORTER (2019): Ireland, $26.1B

TOP NET IMPORTER (2019): Germany, $14.1B

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

In 2019, the countries that had a largest trade value in exports than in imports of Nitrogen Heterocyclic Compounds were Ireland ($26.1B), China ($6.36B), Switzerland ($3.56B), United Kingdom ($3.05B), and India ($1.32B).

In 2019, the countries that had a largest trade value in imports than in exports of Nitrogen Heterocyclic Compounds were Germany ($14.1B), United States ($10.3B), Brazil ($2.43B), Italy ($2.37B), and Spain ($2.33B).

Disaggregation

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Value

In 2019, the world most traded Nitrogen Heterocyclic Compounds, disaggragated by their HS6 level were Hetercyclic compounds with pyrimidine ring nes ($24B), Heterocyclic compounds with N-hetero-atom(s) only, ne ($18B), Lactams other than 6-hexanelactam ($16.7B), Heterocyclic compounds with unfused pyridine ring,nes ($13.3B), and Heterocyclic compounds with unfused pyrazole ring,... ($2.92B)

Import Tariffs

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In 2018, the average tariff for importing Nitrogen Heterocyclic Compounds was 4.23%. The countries with the highest tariffs for importing Nitrogen Heterocyclic Compounds were Bahamas (40.2%), Bermuda (25%), Iran (18%), Maldives (14.7%), and Algeria (13%).

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 Nitrogen Heterocyclic Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.