HS Icon Phosphinates and Phosphonates

2835 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $3.63B, Rnk 584 / 1217

2019
Top Exporter | Top Importer
: $973M | $305M, China | United States

2019
Product Complexity
: -0.028, Rnk 534 / 961

2018 - 2019
Export Growth (CAGR)
: -3.93%, Rnk 687 / 1217

2018
Mean Tariff
: 3.91%, Rnk 1015 / 1259

 2019
Share of World Trade
: 0.02%, Rnk 584 / 1217

Overview:  This page contains the latest trade data of Phosphinates and Phosphonates. In 2019, Phosphinates and Phosphonates were the world's 584th most traded product, with a total trade of $3.63B. Between 2018 and 2019 the exports of Phosphinates and Phosphonates decreased by -3.93%, from  $3.78B to $3.63B. Trade in Phosphinates and Phosphonates represent 0.02% of total world trade.

Exports: In 2019 the top exporters of Phosphinates and Phosphonates  were China ($973M), Germany ($400M), United States ($264M), Russia ($221M), and Belgium ($189M).

Imports: In 2019 the top importers of Phosphinates and Phosphonates were United States ($305M), Germany ($195M), United Kingdom ($129M), Brazil ($128M), and Netherlands ($124M).

Tariffs: In 2018 the average tariff for Phosphinates and Phosphonates was 3.91%, making it the 1015th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Phosphinates and Phosphonates are Bahamas (40.4%), Bermuda (25%), Maldives (14.7%), Aruba (12%), and Algeria (11.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Phosphinates and Phosphonates ranks 534th in the Product Complexity Index (PCI).

Description: Phosphinates "hypophosphites" are used in the production of detergents, as a flame retardant and as a corrosion inhibitor. Phosphonates "phosphites" are used as a flame retardant and as a corrosion inhibitor. Phosphates are used in the production of detergents, as a flame retardant and as a corrosion inhibitor. Polyphosphates are used in the production of detergents, as a flame retardant and as a corrosion inhibitor.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $973M

Top Destination (2019): United States, $305M

Phosphinates and Phosphonates are the world's 584th most traded product.

In 2019, the top exporters of Phosphinates and Phosphonates were China ($973M), Germany ($400M), United States ($264M), Russia ($221M), and Belgium ($189M).

In 2019, the top importers of Phosphinates and Phosphonates were United States ($305M), Germany ($195M), United Kingdom ($129M), Brazil ($128M), and Netherlands ($124M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $33.7M

Top Destination Growth (2018 - 2019): Saudi Arabia, $27.7M

Between 2018 and 2019, the exports of Phosphinates and Phosphonates grew the fastest in United States ($33.7M), Jordan ($28.3M), Turkey ($6.47M), Thailand ($4.16M), and Israel ($3.59M).

Between 2018 and 2019, the fastest growing importers of Phosphinates and Phosphonates were Saudi Arabia ($27.7M), Brazil ($21M), Mexico ($14.2M), Bangladesh ($11.1M), and Iran ($9.12M).

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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 Phosphinates and Phosphonates.

In 2019,  market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Phosphinates and Phosphonates are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $936M

TOP NET IMPORTER (2019): United Kingdom, $111M

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

In 2019, the countries that had a largest trade value in exports than in imports of Phosphinates and Phosphonates were China ($936M), Germany ($204M), Russia ($165M), Tunisia ($111M), and Belgium ($98.9M).

In 2019, the countries that had a largest trade value in imports than in exports of Phosphinates and Phosphonates were United Kingdom ($111M), Brazil ($108M), India ($81.6M), Poland ($75.8M), and Indonesia ($71.6M).

Disaggregation

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Value

In 2019, the world most traded Phosphinates and Phosphonates, disaggragated by their HS6 level were Calcium phosphates except hydrogen-orthophosphate ($1.13B), Polyphosphates of metals except sodium triphosphate ($769M), Sodium triphosphate ($479M), Calcium hydrogen-orthophosphate ($388M), and Potassium phosphates ($324M)

Import Tariffs

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In 2018, the average tariff for importing Phosphinates and Phosphonates was 3.91%.  The countries with the highest tariffs for importing Phosphinates and Phosphonates were Bahamas (40.4%), Bermuda (25%), Maldives (14.7%), Aruba (12%), and Algeria (11.6%).

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Product Complexity

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Diversification Frontier

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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.