HS Code:
Basic Violet 11:1, chemically known as Bis{6-(diethylamino)-N,N-diethyl-9-[2-(methoxycarbonyl) phenyl]-3H-xanthen-3-iminium} tetrachlorozincate(2-), with CAS No. 73398-89-7 and Color Index Number (CIN) 45174, falls under HS Code 3204.13.80. This product is a synthetic organic coloring matter, specifically a basic dye, used primarily in the textile, paper, and leather industries for dyeing and coloring purposes. It belongs to the xanthene class of dyes, known for their vibrant hues and fluorescence properties, often utilized in applications requiring high color intensity.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
Estimated data based on UN Comtrade and ITC Trade Map
$6.5 million USD
43.3% of total trade of total trade
Increasing
$3.2 million USD
21.3% of total trade of total trade
Increasing
$1.8 million USD
12.0% of total trade of total trade
Stable
$1.5 million USD
10.0% of total trade of total trade
Stable
$0.8 million USD
5.3% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Growing demand in textile industry
Increased production in Asia-Pacific due to expanding textile manufacturing hubs in China and India
2021-2022
Shift towards eco-friendly dyes
Pressure on manufacturers to develop sustainable alternatives, potentially reducing demand for traditional synthetic dyes like Basic Violet 11:1
2020-2022
Rising raw material costs
Increased production costs affecting pricing and profit margins for exporters
2022
The European Union updated its REACH regulations to include stricter controls on xanthene-based dyes, including Basic Violet 11:1, due to environmental and health concerns.
June 2023
Potential reduction in EU imports; exporters must comply with new testing and certification requirements.
China reported a 15% increase in exports of synthetic dyes, including Basic Violet 11:1, driven by demand from South Asian textile markets.
March 2023
Strengthened China's position as the leading exporter, potentially increasing global supply and competition.
The United States adjusted tariffs on certain chemical imports, including synthetic dyes under HS 3204, as part of trade negotiations.
January 2023
Slight increase in import costs for US buyers, which may shift sourcing to domestic or alternative suppliers.