Product intelligence · HS 283110 · 2024 data

Dithionites and sulphoxylates: of sodium

Global exports of dithionites and sulphoxylates: of sodium totalled $196,893,294 in 2024, a -14.2% change from the previous year. Traded by 81 countries across 1,017 bilateral corridors, with demand from 155 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$196.9M

-14.2% YoY

3Y / 5Y CAGR

-8.4%

5Y: -5.0%

Supply structure

Concentrated

HHI 0.254

Volatility

Low

Score 24/100

1.

Market movement

In 2024, dithionites and sulphoxylates: of sodium trade exhibited significant decline, with global flows reaching $196,893,294 and a three-year compound annual growth rate of -8.4% (five-year: -5.0%). The all-time peak of $342,608,966 was recorded in 2022; the current level is 43% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-4.7% acceleration).

The World Trade Flows Characterization classifies dithionites and sulphoxylates: of sodium as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.254). The three largest exporters — China ($85.7M), India ($37.6M), and Germany ($35.6M) — collectively dominate supply flows. The leading exporter has grown at -1.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.046). The three largest import markets are Türkiye ($24.7M), Vietnam ($17.1M), and United States ($12.7M). The largest importing market sources from 18 different supplying countries.

Estimated substitution elasticity: -5.11. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Vietnam at $13.3M, representing 77.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for dithionites and sulphoxylates: of sodium is 24 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $342,608,966 in 2022. Currently 43% below peak.

YearGlobal trade (USD)YoY growth
2015$248,717,913-13.4%
2016$228,179,930-8.3%
2017$247,134,472+8.3%
2018$287,941,184+16.5%
2019$254,243,114-11.7%
2020$196,387,516-22.8%
2021$256,308,299+30.5%
2022$342,608,966+33.7%
2023$229,508,842-33.0%
2024$196,893,294-14.2%

Top exporting countries

Ranked by export value of dithionites and sulphoxylates: of sodium in 2024.

View all 81 exporters →

Top importing markets

Largest import destinations for dithionites and sulphoxylates: of sodium.

View all 155 markets →

Leading trade corridors

Largest bilateral export flows for dithionites and sulphoxylates: of sodium, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaVietnam$13.3M+2.9%
2IndiaTürkiye$12.7M-4.1%
3ChinaTürkiye$7.6M+35.6%
4ChinaBangladesh$6.2M+2.4%
5GermanyUnited States$5.8M-11.0%
6IndiaUnited States$3.1M+18.2%
7GermanyTürkiye$3.0M-23.0%
8IndiaBangladesh$2.4M-12.0%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.