HS Code:
The category under HS Code 2921.42 includes specific aniline derivatives such as m-Chloroaniline, 2-Chloro-4-nitroaniline, 2,5-Dichloroaniline-4-sulfonic acid and its monosodium salt, 2,4-Dinitroaniline, o-Nitroaniline-p-sulfonic acid (sodium salt), and 2,3,4-Trifluoroaniline. These chemicals are primarily used as intermediates in the production of dyes, pigments, pharmaceuticals, and agrochemicals. They are critical in industries requiring specialized organic compounds for synthesis processes. Global trade in these chemicals is driven by demand from textile, pharmaceutical, and agricultural sectors, with production concentrated in countries with strong chemical manufacturing capabilities.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$100 million USD
40% of total trade of total trade
Increasing
$60 million USD
24% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Stable
$25 million USD
10% of total trade of total trade
Stable
$15 million USD
6% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Increased demand for eco-friendly dyes and pigments
Boosts demand for aniline derivatives as intermediates in sustainable chemical processes, especially in Europe and North America.
2021-2023
Shift of production to Asia-Pacific
Lower production costs and lenient regulations in countries like China and India have led to a dominance in global supply, impacting Western producers.
2019-2022
Rising regulatory scrutiny
Stricter environmental and safety regulations in the EU and US are increasing compliance costs and affecting trade flows.
2020-2023
The European Union introduced stricter regulations on the import of chemical intermediates, including aniline derivatives, to ensure compliance with REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals).
March 2023
Increased costs for exporters to the EU market and potential reduction in trade volume from non-compliant suppliers.
Major Chinese chemical manufacturers announced plans to expand production facilities for aniline derivatives to meet growing global demand, particularly from the textile and agrochemical sectors.
July 2022
Likely to further solidify Chinaโs position as the leading exporter, potentially leading to oversupply and price competition.
The US Department of Commerce initiated an anti-dumping investigation into imports of specific aniline derivatives from India and China, citing unfair pricing practices.
November 2022
Possible imposition of additional tariffs, which could shift trade patterns and benefit other exporting countries.