HS Icon Sulfates

2833 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $4.34B, Rnk 541 / 1217

2019
Top Exporter | Top Importer
: $1.07B | $502M, China | Japan

2019
Product Complexity
: -0.35, Rnk 632 / 961

2018 - 2019
Export Growth (CAGR)
: -6.25%, Rnk 806 / 1217

2018
Mean Tariff
: 4.43%, Rnk 921 / 1259

 2019
Share of World Trade
: 0.024%, Rnk 541 / 1217

Overview:  This page contains the latest trade data of Sulfates. In 2019, Sulfates were the world's 541st most traded product, with a total trade of $4.34B. Between 2018 and 2019 the exports of Sulfates decreased by -6.25%, from  $4.63B to $4.34B. Trade in Sulfates represent 0.024% of total world trade.

Exports: In 2019 the top exporters of Sulfates  were China ($1.07B), Germany ($350M), Chinese Taipei ($334M), South Africa ($317M), and Finland ($214M).

Imports: In 2019 the top importers of Sulfates were Japan ($502M), Belgium ($378M), United States ($306M), Canada ($192M), and South Korea ($170M).

Tariffs: In 2018 the average tariff for Sulfates was 4.43%, making it the 921st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfates are Bahamas (40.3%), Bermuda (25%), Nepal (14.8%), Maldives (14.7%), and Romania (13.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking: Sulfates ranks 632nd in the Product Complexity Index (PCI).

Description: Sulphates are compounds containing the SO4 ion. They are used in detergents, bleaches, and cleaners. Alums are compounds containing the Al(OH)3 ion. They are used in water purification and as a coagulant in the paper industry. Peroxosulphates are compounds containing the SO3O- ion. They are used in detergents, bleaches, and cleaners.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.07B

Top Destination (2019): Japan, $502M

Sulfates are the world's 541st most traded product.

In 2019, the top exporters of Sulfates were China ($1.07B), Germany ($350M), Chinese Taipei ($334M), South Africa ($317M), and Finland ($214M).

In 2019, the top importers of Sulfates were Japan ($502M), Belgium ($378M), United States ($306M), Canada ($192M), and South Korea ($170M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): South Korea, $42.7M

Top Destination Growth (2018 - 2019): Canada, $53.3M

Between 2018 and 2019, the exports of Sulfates grew the fastest in South Korea ($42.7M), Saudi Arabia ($33.3M), South Africa ($23.1M), Hong Kong ($20.5M), and Turkey ($20.4M).

Between 2018 and 2019, the fastest growing importers of Sulfates were Canada ($53.3M), Hong Kong ($18.6M), Finland ($14.3M), Japan ($13.9M), and Colombia ($9.75M).

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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 Sulfates.

In 2019,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Sulfates are explained by 20 countries.

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TOP NET EXPORTER (2019): China, $978M

TOP NET IMPORTER (2019): Japan, $407M

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

In 2019, the countries that had a largest trade value in exports than in imports of Sulfates were China ($978M), South Africa ($286M), Chinese Taipei ($276M), Germany ($222M), and Finland ($157M).

In 2019, the countries that had a largest trade value in imports than in exports of Sulfates were Japan ($407M), Belgium ($211M), Canada ($154M), Australia ($143M), and Brazil ($142M).

Disaggregation

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Value

In 2019, the world most traded Sulfates, disaggragated by their HS6 level were Sulphates of metals nes ($1.22B), Copper sulphates ($887M), Nickel sulphates ($668M), Disodium sulphate ($620M), and Magnesium sulphate ($304M)

Import Tariffs

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In 2018, the average tariff for importing Sulfates was 4.43%.  The countries with the highest tariffs for importing Sulfates were Bahamas (40.3%), Bermuda (25%), Nepal (14.8%), Maldives (14.7%), and Romania (13.6%).

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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.