HS Icon Sulfites

2832 (Harmonized System 1992 for 4-digit)

World Trade (2018): $548M, Rnk 1021 / 1225

Top Exporter (2018): $144M, China

Top Importer (2018): $39.9M, South Africa

Export Growth (CAGR)(2017 - 2018): 26.2%, Rnk 216 / 1225

Mean Tariff (2018): 5.22%, Rnk 789 / 1259

Share of World Trade (2018): 0.003%, Rnk 1021 / 1225

Overview:  This page contains the latest trade data of Sulfites. In 2018, Sulfites were the world's 1021st most traded product, with a total trade of $548M. Between 2017 and 2018 the exports of Sulfites grew by 26.2%, from  $434M to $548M. Trade in Sulfites represent 0.003% of total world trade.

Exports: In 2018 the top exporters of Sulfites  were China ($144M), Germany ($86.9M), Italy ($63.6M), Thailand ($50.2M), and United States ($47.3M).

Imports: In 2018 the top importers of Sulfites were South Africa ($39.9M), Mexico ($32.8M), Democratic Republic of the Congo ($31.7M), France ($25.6M), and Canada ($24.4M).

Tariffs: In 2018 the average tariff for Sulfites was 5.22%, been the 789 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfites are Bahamas (40.2%), Bermuda (25%), Iran (17.8%), Romania (17.2%), and Maldives (14.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $144M

Top Destination (2018): South Africa, $39.9M

Sulfites are the world's 1021st most traded product.

In 2018, the top exporters of Sulfites were China ($144M), Germany ($86.9M), Italy ($63.6M), Thailand ($50.2M), and United States ($47.3M).

In 2018, the top importers of Sulfites were South Africa ($39.9M), Mexico ($32.8M), Democratic Republic of the Congo ($31.7M), France ($25.6M), and Canada ($24.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $40.5M

Top Destination Growth (2017 - 2018): South Africa, $15.8M

Between 2017 and 2018, the exports of Sulfites grew the fastest in China ($40.5M), Thailand ($24.9M), Germany ($13.7M), Italy ($10.2M), and South Africa ($5.51M).

Between 2017 and 2018, the fastest growing importers of Sulfites were South Africa ($15.8M), Democratic Republic of the Congo ($10.1M), Saudi Arabia ($7.15M), Thailand ($6.96M), and Brazil ($6.69M).

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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 Sulfites.

In 2018,  market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Sulfites are explained by 12 countries.

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TOP NET EXPORTER (2018): China, $142M

TOP NET IMPORTER (2018): Mexico, $32.7M

This map shows which countries export or import more of Sulfites. Each country is colored based on the difference in exports and imports of Sulfites during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Sulfites were China ($142M), Germany ($80M), Italy ($58.4M), Thailand ($38.8M), and United States ($23M).

In 2018, the countries that had a largest trade value in imports than in exports of Sulfites were Mexico ($32.7M), Canada ($23M), Brazil ($21.9M), South Africa ($17.5M), and France ($17.3M).

Trade Forecasts

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This section shows forecasts for total trade for Sulfites. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Sulfites was 5.22%.  The countries with the highest tariffs for importing Sulfites were Bahamas (40.2%), Bermuda (25%), Iran (17.8%), Romania (17.2%), and Maldives (14.7%).

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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.