HS Code:
Reactive Red 195, with the chemical name Pentasodium 2-{(E)-[8-({4-chloro-6-[(3-{[2-(sulfonatooxy)ethyl]sulfonyl}phenyl)amino]-1,3,5-triazin-2-yl}amino)-1-hydroxy-3,6-disulfonato-2-naphthyl]diazenyl}-1,5-naphthalenedisulfonate (CAS No. 93050-79-4), falls under HS Code 3204.16.30. This product belongs to the category of synthetic organic coloring matter, specifically reactive dyes, which are primarily used in the textile industry for dyeing cotton and other cellulosic fibers. Reactive Red 195 is known for its bright red shade, high color fastness, and ability to form covalent bonds with fibers, making it a preferred choice for durable textile coloring. It is often used in industrial applications for fabrics requiring resistance to washing and light exposure.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$20 million USD
40% of total trade of total trade
Increasing
$15 million USD
30% of total trade of total trade
Stable
$5 million USD
10% of total trade of total trade
Decreasing
$3 million USD
6% of total trade of total trade
Increasing
$2 million USD
4% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-India FTA for specific partners)
Growing demand in textile industries of developing economies
Increased export opportunities for major producers like India and China due to rising apparel manufacturing in countries like Bangladesh and Vietnam
2021-2022
Shift towards sustainable and eco-friendly dyes
Pressure on manufacturers to develop low-impact production methods for Reactive Red 195, potentially increasing costs but also market share in environmentally conscious regions like the EU
2020-2022
Fluctuations in raw material prices
Volatility in the cost of petrochemical intermediates used in dye production has led to price instability, affecting profit margins for exporters
2022
The European Union introduced new regulations under REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) requiring stricter documentation and testing for reactive dyes like Reactive Red 195 to ensure minimal environmental impact.
January 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant producers while benefiting those with sustainable practices.
Major Indian dye manufacturers announced investments in expanding production facilities for reactive dyes, including Reactive Red 195, to meet growing global demand, particularly from South Asia and Africa.
March 2023
Likely to strengthen Indiaโs position as the leading exporter, potentially lowering prices due to economies of scale.
The United States initiated an anti-dumping investigation into reactive dye imports from China, alleging unfair pricing practices that harm domestic producers.
September 2022
Possible imposition of higher tariffs on Chinese exports, redirecting trade flows to other suppliers like India and South Korea.