HS Code:
Tributyltin (TBT) compounds, classified under HS Code 2931.20.00, are organotin chemicals primarily used as biocides in anti-fouling paints for ships and as pesticides. These compounds are known for their high toxicity to marine life and have been subject to strict regulations globally due to environmental concerns. Trade in TBT compounds has significantly declined over the years due to bans and restrictions under international agreements like the International Convention on the Control of Harmful Anti-fouling Systems on Ships (AFS Convention).
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$12 million USD
24% of total trade of total trade
Decreasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Decreasing
$6 million USD
12% of total trade of total trade
Decreasing
$4 million USD
8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements and in the EU for specific uses)
Decline in global demand due to environmental regulations
Significant reduction in production and trade volumes as countries phase out TBT compounds in favor of less toxic alternatives.
2018-2022
Shift to alternative biocides
Increased investment in eco-friendly anti-fouling technologies, reducing the market share of TBT compounds.
2020-2022
Stricter enforcement of international bans
Reduced illegal trade and stricter border controls, further limiting TBT trade.
2021-2022
The European Union updated its REACH regulations to impose stricter controls on the import and use of TBT compounds, even in trace amounts in industrial applications.
March 2023
Expected to further reduce trade volumes in the EU, pushing manufacturers to adopt alternatives.
The International Maritime Organization (IMO) reported that over 90% of member states have ratified the AFS Convention, leading to a near-global ban on TBT-based anti-fouling systems.
June 2022
Significant decline in demand for TBT compounds in the maritime sector, affecting global trade.
Several chemical companies in Japan and the US have introduced biodegradable anti-fouling agents as direct substitutes for TBT compounds.
October 2022
Accelerated phase-out of TBT compounds in remaining markets, further shrinking trade.