HS Code:
Mixtures of benzamide, 2-[[[[(4,6-dimethoxy-2-pyrimidinyl)-amino]carbonyl]amino]sulfonyl]-4-(formylamino)-N,N-methyl- (Foramsulfuron) (CAS No. 173159-57-4) and application adjuvants fall under HS Code 3808.93.15. Foramsulfuron is a selective herbicide used primarily in corn cultivation to control grassy and broadleaf weeds. It belongs to the sulfonylurea class of herbicides and is often formulated with adjuvants to enhance its efficacy. This product category is critical in the agricultural sector, supporting crop protection and yield optimization. Global trade in this category is driven by demand for effective weed control solutions in major agricultural markets.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
UN Comtrade Database, ITC Trade Map
$45 million USD
30% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Stable
$25 million USD
17% of total trade of total trade
Increasing
$20 million USD
13% of total trade of total trade
Increasing
$15 million USD
10% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU trade deals)
Increasing demand for sustainable herbicides
Drives innovation in formulations with lower environmental impact, increasing trade in eco-friendly adjuvants paired with Foramsulfuron.
2021-2023
Growth in corn cultivation in emerging markets
Boosts export opportunities for Foramsulfuron to countries like Brazil and Argentina, where corn production is expanding.
2020-2022
Regulatory tightening in the EU
Reduces market access for certain herbicide mixtures due to stringent safety and environmental standards, affecting trade volumes.
2019-2023
The European Union initiated a comprehensive review of sulfonylurea herbicides, including Foramsulfuron, to assess environmental and health impacts, potentially leading to stricter usage guidelines.
March 2023
May result in reduced exports to EU markets or reformulation requirements for compliance.
A major agrochemical company introduced a new Foramsulfuron-based herbicide with improved adjuvant technology, enhancing weed control efficiency and reducing application rates.
July 2022
Expected to increase market share and trade volume in key markets like the US and Brazil.
A bilateral trade agreement between the US and Brazil reduced tariffs on agrochemical imports, including Foramsulfuron mixtures, boosting trade flows.
January 2022
Increased export opportunities for US-based manufacturers to Brazil, a key corn-producing market.