HS Code:
Ion-exchange resin comprising sodium salts of sulfonated poly(divinylbenzene-co-ethylstyrene-co-styrene) (CAS No. 69011-22-9) falls under HS Code 3914.00.60. These resins are synthetic polymers used primarily for water purification, chemical processing, and industrial applications due to their ability to exchange ions with surrounding solutions. They are critical in industries such as water treatment, pharmaceuticals, and food processing for removing impurities or softening water. This category includes cation-exchange resins in sodium form, which are widely used for their high capacity and efficiency in ion exchange processes.
Total Trade Volume
Approximately USD 250 million
Data from 2022
Source
United Nations Comtrade Database and ITC Trade Map
USD 70 million
28% of total trade of total trade
Increasing
USD 55 million
22% of total trade of total trade
Increasing
USD 40 million
16% of total trade of total trade
Stable
USD 30 million
12% of total trade of total trade
Stable
USD 20 million
8% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Growing demand in water treatment applications
Increased trade volume due to rising need for clean water in industrial and municipal sectors, particularly in Asia-Pacific and Middle East regions.
2021-2023
Shift toward sustainable and recyclable resins
Manufacturers are innovating eco-friendly ion-exchange resins, influencing trade patterns as countries prioritize green technologies.
2022-2023
Rising production costs due to raw material shortages
Price volatility in petrochemical-based inputs has led to higher costs, impacting export competitiveness in some regions.
2022
The European Union introduced stricter REACH compliance requirements for ion-exchange resins, mandating detailed safety data sheets and environmental impact assessments.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant suppliers.
A recent bilateral agreement reduced tariffs on chemical products, including ion-exchange resins, fostering greater trade between the two largest markets.
January 2023
Boosted export opportunities for Chinese manufacturers to the US, likely increasing trade volume by 10-15% in 2023.
Major manufacturers in Japan and Germany unveiled new high-capacity ion-exchange resins designed for industrial-scale water treatment.
September 2022
Strengthened market position of these countries, potentially shifting trade dynamics in their favor.