HS Code:
Diphosphorus pentaoxide (HS Code: 280910) is a chemical compound commonly used as a dehydrating agent, in the preparation of phosphates, and in various industrial applications such as the production of phosphoric acid. It is a white, crystalline solid that reacts vigorously with water and is primarily traded in bulk for industrial use. This category falls under the broader Harmonized System chapter for inorganic chemicals. Global trade in diphosphorus pentaoxide is influenced by industrial demand, particularly in agriculture (fertilizers) and chemical manufacturing.
Total Trade Volume
Approximately $500 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$200 million USD
40% of total trade of total trade
Increasing
$80 million USD
16% of total trade of total trade
Stable
$60 million USD
12% of total trade of total trade
Increasing
$40 million USD
8% of total trade of total trade
Increasing
$30 million USD
6% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing economies to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-US trade pacts or within ASEAN)
Rising demand for phosphoric acid in fertilizer production
Increased trade volume, particularly in agricultural economies like India and Brazil
2021-2022
Shift toward sustainable chemical production
Pressure on manufacturers to adopt greener production methods, potentially increasing costs
2022
Supply chain disruptions due to geopolitical tensions
Temporary shortages and price spikes in key markets like Europe
2022
China introduced stricter export controls on chemical compounds, including diphosphorus pentaoxide, to prioritize domestic supply for fertilizer production.
March 2023
Potential reduction in global supply and price increases for importing countries
The European Union implemented new environmental standards under the Green Deal, affecting the import of industrial chemicals like diphosphorus pentaoxide.
January 2023
Increased compliance costs for exporters to the EU, possible shift in trade routes
The United States announced incentives for domestic production of key industrial chemicals to reduce reliance on imports.
July 2022
Potential decrease in import volumes over the long term