HS Code:
Copper(2+) sodium 2,2',2'',2'''-(1,2-ethanediyldinitrilo)tetraacetate (1:2:1) (CAS No. 14025-15-1), classified under HS subheading 2922.49.80, is a chelating agent commonly used in industrial applications, agriculture, and water treatment. It is a copper complex of EDTA (ethylenediaminetetraacetic acid) and is primarily utilized for its ability to bind metal ions, preventing unwanted reactions in processes such as textile dyeing, metal plating, and as a micronutrient in fertilizers. This chemical is part of the broader category of amino-acid derivatives and plays a niche but critical role in various industries.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$18 million USD
36% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Increasing
$3 million USD
6% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries with protective chemical industries)
Lowest Rate
0% (under free trade agreements or WTO bindings in the EU and US)
Growing demand in agriculture for micronutrient fertilizers
Increased export volumes from major producers like China and India to agricultural economies in Africa and Latin America
2021-2022
Shift towards sustainable water treatment solutions
Rising imports in regions with stringent water quality regulations, such as the EU and North America
2020-2022
Supply chain disruptions due to geopolitical tensions
Temporary price volatility and trade rerouting, particularly affecting shipments from China
2022
The European Union introduced stricter guidelines on the use of EDTA derivatives in industrial applications to minimize environmental impact.
March 2023
Potential reduction in demand within the EU market, prompting exporters to seek alternative markets in Asia and Africa.
A new trade agreement phase reduced tariffs on certain chemical products, including copper EDTA complexes, facilitating smoother trade between the two nations.
January 2023
Increased export volumes from China to the US, benefiting American agricultural and water treatment sectors.
Research and development efforts in Germany have led to the introduction of more environmentally friendly alternatives to traditional EDTA compounds.
June 2022
Possible long-term shift in market preference, affecting trade volumes of traditional copper EDTA products.