HS Icon Sulfuric Acid

2807 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Sulfuric Acid. In 2019, Sulfuric Acid were the world's 806th most traded product, with a total trade of $1.54B. Between 2018 and 2019 the exports of Sulfuric Acid decreased by -0.52%, from $1.54B to $1.54B. Trade in Sulfuric Acid represent 0.0085% of total world trade.

Sulfuric Acid are a part of Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth.... They include Sulphuric acid, oleum.

Exports In 2019 the top exporters of Sulfuric Acid  were Canada ($182M), Zambia ($149M), China ($148M), South Korea ($134M), and Peru ($119M).

Imports In 2019 the top importers of Sulfuric Acid were Chile ($323M), United States ($259M), Democratic Republic of the Congo ($180M), Morocco ($77.5M), and India ($69.5M).

Tariffs In 2018 the average tariff for Sulfuric Acid was 6.08%, making it the 699th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfuric Acid are Turkmenistan (50%), Bahamas (40.2%), Bermuda (25%), and Bangladesh (24.5%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking Sulfuric Acid ranks 584th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Sulfuric Acid. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Canada, $182M

Top Destination (2019): Chile, $323M

Sulfuric Acid are the world's 806th most traded product.

In 2019, the top exporters of Sulfuric Acid were Canada ($182M), Zambia ($149M), China ($148M), South Korea ($134M), and Peru ($119M).

In 2019, the top importers of Sulfuric Acid were Chile ($323M), United States ($259M), Democratic Republic of the Congo ($180M), Morocco ($77.5M), and India ($69.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $66.7M

Top Destination Growth (2018 - 2019): Chile, $148M

Between 2018 and 2019, the exports of Sulfuric Acid grew the fastest in China ($66.7M), Canada ($61.2M), Peru ($48.7M), South Korea ($42.3M), and Japan ($21.3M).

Between 2018 and 2019, the fastest growing importers of Sulfuric Acid were Chile ($148M), United States ($63.3M), India ($27M), Turkey ($13M), and Laos ($10.6M).

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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 Sulfuric Acid.

In 2019,  market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Sulfuric Acid are explained by 22 countries.

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TOP NET EXPORTER (2019): Canada, $168M

TOP NET IMPORTER (2019): Chile, $322M

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

In 2019, the countries that had a largest trade value in exports than in imports of Sulfuric Acid were Canada ($168M), Zambia ($149M), South Korea ($133M), Peru ($117M), and China ($115M).

In 2019, the countries that had a largest trade value in imports than in exports of Sulfuric Acid were Chile ($322M), United States ($227M), Morocco ($77.5M), India ($56.9M), and Brazil ($29.9M).

Disaggregation

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Value

In 2019, the world most traded Sulfuric Acid, disaggragated by their HS6 level were Sulphuric acid, oleum ($1.54B)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sulfuric Acid.
It is possible to select the main countries that export or import Sulfuric Acid in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Sulfuric Acid was 6.08%. The countries with the highest tariffs for importing Sulfuric Acid were Turkmenistan (50%), Bahamas (40.2%), Bermuda (25%), and Bangladesh (24.5%).

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