HS Code:
Naphthalene-1,8:4,5-tetracarboxylic dianhydride (CAS No. 81-30-1), classified under HS subheading 2917.39.70, is an organic chemical compound primarily used as an intermediate in the production of high-performance polymers, dyes, and pigments. It serves as a key raw material in the synthesis of polyimides, which are widely utilized in electronics, aerospace, and automotive industries for their exceptional thermal stability and mechanical properties. This compound is niche but critical in specialized industrial applications.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
UN Comtrade Database, ITC Trade Map
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Stable
$3 million USD
6% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Growing demand for polyimides in electronics
Increased trade volume as demand for flexible displays and high-performance materials rises, particularly in Asia-Pacific
2021-2023
Shift toward sustainable production methods
Manufacturers face pressure to adopt greener synthesis processes, potentially increasing costs but improving market access in eco-conscious regions like the EU
2022-2023
Supply chain diversification post-COVID-19
Buyers are seeking alternative suppliers outside China to mitigate risks, benefiting producers in Japan and Germany
2020-2022
The European Union updated its REACH regulations, imposing stricter documentation for chemical intermediates like Naphthalene-1,8:4,5-tetracarboxylic dianhydride, affecting exporters to the region.
June 2023
Increased compliance costs for non-EU exporters but improved safety standards and market trust.
China reported a 15% increase in exports of this compound, driven by expanded production capacity and competitive pricing.
March 2023
Intensified price competition globally, prompting anti-dumping investigations in some markets.
The United States extended tariff waivers on certain chemical imports, including this compound, under Section 301 exemptions for China.
September 2022
Temporary relief for US importers, sustaining trade flow from China despite broader trade tensions.