HS Code:
p-Nitrotoluene (para-Nitrotoluene) is an organic compound with the formula CH3C6H4NO2. It is a pale yellow crystalline solid used primarily as an intermediate in the production of dyes, pigments, pharmaceuticals, and explosives. Classified under HS Code 2904.20, p-Nitrotoluene is a derivative of toluene with a nitro group in the para position. Its global trade is influenced by industrial demand in chemical manufacturing sectors, particularly in regions with strong textile and pharmaceutical industries.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, ITC Trade Map
$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
5.5% ad valorem
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand in Asia-Pacific for dye intermediates
Increased export volumes from China and India due to textile industry growth
2021-2022
Shift towards sustainable chemical production
Pressure on manufacturers to adopt greener synthesis methods, potentially increasing costs
2022
Fluctuating raw material prices
Price volatility of toluene and nitric acid affecting production costs and trade margins
2020-2022
The European Union introduced stricter regulations on nitroaromatic compounds, requiring detailed environmental impact assessments for imports of p-Nitrotoluene.
January 2023
Potential increase in compliance costs for exporters to the EU, possibly reducing trade volumes from non-compliant regions.
Major Indian chemical manufacturers announced plans to expand p-Nitrotoluene production to meet domestic and export demand.
March 2023
Likely to strengthen Indiaโs position in global trade, potentially challenging Chinaโs dominance.
The United States revised tariffs on certain chemical intermediates, including p-Nitrotoluene, under Section 301 measures targeting specific countries.
September 2022
Increased costs for imports from affected countries, potentially shifting trade flows to other suppliers.