HS Code:
The category 'Other, including mixtures of coloring matter of two or more of the subheadings 3204.11 to 3204.19' (HS Code: 3204.20) pertains to synthetic organic coloring matter and preparations based thereon, which are not classified under specific subheadings for individual dyes. This category includes mixtures used primarily in industries such as textiles, plastics, paints, and printing inks for coloring purposes. These products are vital for manufacturing processes where customized color solutions are required, offering versatility in application across various sectors. The global trade of this category reflects the demand for specialized chemical products in industrial and consumer goods production.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
UN Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for eco-friendly dyes
Increased R&D investments in sustainable coloring solutions, pushing manufacturers to innovate with biodegradable and non-toxic mixtures
2021-2023
Growth in textile and packaging industries
Higher consumption of coloring matter in emerging markets, particularly in Asia-Pacific, driving export growth for key producers
2020-2022
Supply chain disruptions
Shortages of raw materials due to geopolitical tensions and pandemics have led to price volatility and delayed deliveries
2020-2021
The European Union introduced stricter REACH regulations on synthetic organic coloring matter to ensure environmental safety and reduce hazardous chemical usage.
January 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant countries while benefiting those with sustainable practices.
China adjusted its export tax rebate policy for chemical products, including coloring matter, to encourage domestic production and export competitiveness.
March 2022
Boosted China's market share in global trade for this category, intensifying competition for other exporting nations.
Ongoing discussions between the US and India aim to reduce tariffs on chemical products, including synthetic coloring mixtures, to enhance bilateral trade.
September 2023
Potential increase in trade volumes between the two countries if tariffs are lowered, benefiting Indian exporters and US importers.