# Nitrogen-function compounds (HS4 2929) Trade Overview | Yugalinks

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Nitrogen-function compounds at HS4 2929, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/2929

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## Answer

The nitrogen-function compounds subsector recorded $5.9B in reported global trade in 2024, with -3.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $5.9B |
| Latest annual change | -3.6% |
| Active exporters | 121 |
| Active importers | 184 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.2B | 1,554 | 2 |
| 1996 | $2.4B | 1,587 | 2 |
| 1997 | $2.3B | 1,667 | 2 |
| 1998 | $2.1B | 1,682 | 2 |
| 1999 | $2.5B | 1,883 | 2 |
| 2000 | $2.8B | 2,081 | 2 |
| 2001 | $2.6B | 2,102 | 2 |
| 2002 | $2.6B | 2,225 | 2 |
| 2003 | $3.3B | 2,251 | 2 |
| 2004 | $3.9B | 2,246 | 2 |
| 2005 | $4.3B | 2,320 | 2 |
| 2006 | $5.0B | 2,377 | 2 |
| 2007 | $6.2B | 2,394 | 2 |
| 2008 | $6.6B | 2,504 | 2 |
| 2009 | $4.7B | 2,534 | 2 |
| 2010 | $5.6B | 2,536 | 2 |
| 2011 | $5.6B | 2,664 | 2 |
| 2012 | $5.9B | 2,715 | 2 |
| 2013 | $5.9B | 2,779 | 2 |
| 2014 | $5.8B | 2,757 | 2 |
| 2015 | $4.7B | 2,786 | 2 |
| 2016 | $4.7B | 2,804 | 2 |
| 2017 | $6.9B | 2,855 | 2 |
| 2018 | $8.0B | 2,879 | 2 |
| 2019 | $5.3B | 2,866 | 2 |
| 2020 | $4.8B | 2,918 | 2 |
| 2021 | $6.8B | 2,864 | 2 |
| 2022 | $7.3B | 2,817 | 2 |
| 2023 | $6.5B | 2,835 | 2 |
| 2024 | $5.9B | 2,867 | 2 |

## Leading corridors

- Republic of Korea to China: $168.2M; growth +15%.
- Japan to China: $145.8M; growth -7.2%.
- China to India: $134.8M; growth -6.3%.
- China to Brazil: $124.7M; growth -1.9%.
- China to Viet Nam: $106.9M; growth -2%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $95.4M; growth -4.4%.
- USA, Puerto Rico and US Virgin Islands to Brazil: $94.4M; growth +12.9%.
- Hungary to Belgium: $87.8M; growth +3.1%.
- Hungary to Turkey: $86.5M; growth -4.2%.
- Republic of Korea to India: $81.8M; growth +7.6%.

## HS6 products

- Nitrogen-function compounds: n.e.c. in chapter 29, isocyanates (HS6 292910)
- Nitrogen-function compounds: n.e.s. in chapter 29, excluding isocyanates (HS6 292990)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.