HS Code:
The product category under HS Code 3808.93.15 includes mixtures containing Isoxaflutole (CAS No. 141112-29-0), a selective herbicide used primarily for controlling broadleaf and grass weeds in corn and sugarcane, and Cyprosulfamide (CAS No. 221667-31-8), a safener used to enhance the selectivity of herbicides by protecting crops from herbicide damage. These chemicals fall under the broader category of herbicides, weed killers, and plant-growth regulators, often used in agricultural applications to improve crop yield and protect against weed competition. They are critical components in modern agricultural practices, particularly in regions with intensive corn production.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
United Nations Comtrade Database and industry reports
$90 million USD
36% of total trade of total trade
Increasing
$60 million USD
24% of total trade of total trade
Stable
$40 million USD
16% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Stable
$20 million USD
8% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
8% (applied by certain developing countries to protect domestic markets)
Lowest Rate
0% (under free trade agreements such as USMCA and EU trade deals)
Increasing demand for sustainable agriculture
Growing preference for selective herbicides like Isoxaflutole and safeners like Cyprosulfamide due to their reduced environmental impact compared to older chemicals.
2021-2023
Rising adoption in emerging markets
Higher demand in countries like Brazil and India due to expanding agricultural sectors and the need for efficient weed control in large-scale farming.
2020-2022
Regulatory scrutiny on herbicides
Increased regulations in the EU and other regions regarding the use of chemical herbicides, potentially limiting market growth for Isoxaflutole due to concerns over ecological effects.
2019-2023
The European Union conducted a reassessment of Isoxaflutole due to concerns about its potential to contaminate groundwater, leading to stricter usage guidelines in member states.
March 2022
Possible reduction in EU market share, with manufacturers seeking alternative markets in the Americas and Asia.
Major agrochemical companies introduced new herbicide formulations combining Cyprosulfamide with other active ingredients to enhance crop safety and efficacy in corn production.
June 2023
Increased adoption in key markets like the United States and Brazil, boosting trade volumes.
A new trade agreement between the United States and Brazil reduced tariffs on agrochemicals, including products under HS Code 3808.93.15, fostering easier market access.
October 2022
Positive effect on trade volumes, especially for U.S.-based exporters targeting the Brazilian market.