HS Code:
Ethene, 1,1,2,2-tetrafluoro-, oxidized, polymerized, reduced, methyl esters, reduced, 2,3-dihydroxypropyl ethers (CAS No. 925918-64-5) falls under HS Code subheading 3904.69.50, which covers other fluoropolymers in primary forms. This category includes specialized synthetic polymers with fluorine content, often used in high-performance applications such as coatings, sealants, and industrial materials due to their chemical resistance, thermal stability, and low friction properties. These materials are critical in industries like aerospace, automotive, electronics, and chemical processing.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$450 million USD
37.5% of total trade of total trade
Increasing
$300 million USD
25.0% of total trade of total trade
Stable
$200 million USD
16.7% of total trade of total trade
Increasing
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Growing demand for high-performance materials
Increased use in electronics and renewable energy sectors, driving trade volumes upward by 8% annually
2021-2022
Shift towards sustainable alternatives
Pressure on manufacturers to develop eco-friendly fluoropolymers, potentially reducing trade of traditional variants by 5% over the next decade
2022-2023
Supply chain diversification
Post-COVID-19 strategies have led to a 10% increase in sourcing from multiple countries to mitigate risks
2020-2022
The European Union introduced stricter emission standards for fluoropolymer production, impacting exporters to the region.
June 2023
Potential cost increase of 3-5% for compliance, affecting trade competitiveness for non-EU suppliers
A new phase of the US-China trade agreement reduced tariffs on certain chemical products, including fluoropolymers, from 7.5% to 5%.
March 2023
Expected to boost Chinese exports to the US by 10% in this category over the next two years
A leading Japanese firm announced a breakthrough in recycling fluoropolymers, potentially reducing dependency on raw material imports.
September 2022
Could decrease import volumes by 5-7% in Japan while increasing domestic market share