HS Code:
Nitrosylsulfuric acid (CAS No. 7782-78-7), classified under HS subheading 2811.19.61, is a chemical compound primarily used in the production of dyes, pharmaceuticals, and other industrial chemicals. It is a strong acid and a powerful nitrosating agent, often utilized in organic synthesis for the introduction of nitroso groups into compounds. Due to its hazardous nature, it is subject to strict handling and transportation regulations globally.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$5.2 million USD
34.7% of total trade of total trade
Increasing
$3.8 million USD
25.3% of total trade of total trade
Stable
$2.5 million USD
16.7% of total trade of total trade
Increasing
$1.8 million USD
12.0% of total trade of total trade
Stable
$1.2 million USD
8.0% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
8.0% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-US trade pacts)
Growing demand in pharmaceutical synthesis
Increased trade volume as nitrosylsulfuric acid is a key reagent in drug manufacturing, particularly in Asia-Pacific markets
2021-2022
Stringent environmental regulations
Higher compliance costs for producers and exporters, potentially reducing trade in regions with strict policies
2020-2022
Shift towards sustainable chemical alternatives
Potential decline in demand as industries explore less hazardous substitutes, though currently limited by cost and availability
2022
The European Union introduced stricter guidelines for the transport and use of hazardous chemicals, including nitrosylsulfuric acid, under the REACH framework.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant countries
A bilateral agreement reduced tariffs on certain industrial chemicals, including those under HS 2811, to promote trade between the two nations.
January 2023
Boosted exports from China to the US, contributing to an upward trend in trade volume
A major chemical manufacturer in India announced the commissioning of a new plant for nitrosylsulfuric acid production to meet domestic and export demand.
July 2023
Likely to increase India's share in global trade, particularly in South Asian markets