HS Code:
Dichlorobenzonitriles are a category of organic chemical compounds primarily used as intermediates in the synthesis of agrochemicals, pharmaceuticals, and dyes. These compounds, classified under HS Code 292690 (other nitrile-function compounds), are critical in the production of herbicides and other industrial chemicals. Their trade is driven by demand in agricultural and industrial sectors, with significant production and consumption in regions with robust chemical industries.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
$60 million USD
40% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Increasing
$20 million USD
13% of total trade of total trade
Stable
$15 million USD
10% of total trade of total trade
Stable
$10 million USD
7% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for agrochemicals
Increased trade volume due to growing agricultural activities in Asia-Pacific and Latin America
2021-2022
Shift towards sustainable production
Higher costs and trade barriers for non-compliant producers; growing market for eco-friendly alternatives
2020-2022
Supply chain disruptions
Price volatility and delays due to geopolitical tensions and COVID-19 aftermath
2020-2021
The European Union introduced stricter REACH regulations on the use and import of Dichlorobenzonitriles, focusing on environmental safety.
March 2023
Potential reduction in EU imports; increased compliance costs for exporters
Major Chinese chemical manufacturers announced new facilities to boost Dichlorobenzonitrile production, targeting export markets.
July 2022
Likely to increase global supply and lower prices in the short term
Negotiations between the US and India included discussions on reducing tariffs for chemical intermediates like Dichlorobenzonitriles.
September 2023
Could lead to increased bilateral trade and market access for Indian exporters