HS Code:
Bromochloromethane (HS Code: 2903.49) falls under the category of halogenated derivatives of hydrocarbons. It is a chemical compound primarily used as a solvent, in fire extinguishers, and as an intermediate in organic synthesis. Due to its ozone-depleting potential, its production and trade are heavily regulated under international agreements like the Montreal Protocol. Its global trade is limited and often restricted to specific industrial or research purposes under strict environmental controls.
Total Trade Volume
Approximately $5.2 million USD
Data from 2022
Source
United Nations Comtrade Database
$1.8 million USD
34.6% of total trade of total trade
Increasing
$1.2 million USD
23.1% of total trade of total trade
Stable
$0.9 million USD
17.3% of total trade of total trade
Decreasing
$0.6 million USD
11.5% of total trade of total trade
Increasing
$0.4 million USD
7.7% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements or for research purposes)
Declining overall demand due to environmental regulations
Reduced trade volumes as alternatives to ozone-depleting substances are adopted
2020-2022
Shift towards niche applications
Limited trade for specialized industrial or research purposes
2021-2022
Increased regulatory scrutiny
Stricter controls and higher compliance costs for exporters
2019-2022
The Kigali Amendment continues to phase down the use of halogenated hydrocarbons, including Bromochloromethane, pushing countries to adopt alternatives.
January 2022
Further reduction in global trade volumes expected as compliance tightens.
The European Union introduced stricter import controls on ozone-depleting substances under REACH regulations, affecting Bromochloromethane trade.
March 2023
European imports expected to decline, redirecting limited trade to other regions.
China, a major exporter, reduced export quotas for Bromochloromethane in line with international commitments.
July 2022
Potential supply constraints in global markets, driving up prices for limited quantities.