Chile Iodine HS280120 Export Data 2025 June Overview

Chile Iodine (HS 280120) 2025 June Export: Key Takeaways

Chile's Iodine Export (HS Code 280120) in June 2025 reveals a high-value product mix, with premium-grade shipments to India, Norway, and the US commanding higher unit prices, while bulk-grade iodine dominates exports to China. The market shows stable demand, with India as the dominant buyer (31.47% of export value), indicating concentrated but lucrative trade flows. Geographic risk is split between high-value destinations and bulk buyers, requiring strategic focus on premium markets to maximize returns. This analysis is based on cleanly processed Customs data from the yTrade database, covering June 2025.

Chile Iodine (HS 280120) 2025 June Export Background

What is HS Code 280120?

HS Code 280120 covers iodine, an inorganic chemical used in pharmaceuticals, disinfectants, and industrial applications. Its global demand remains stable due to its critical role in healthcare (e.g., antiseptics) and niche industrial processes (e.g., LCD screens). Chile, a key producer, leverages its natural resources to supply iodine to markets like India and the EU, where it is classified under this tariff line [TradeImeX].

Current Context and Strategic Position

Chile’s iodine exports under HS Code 280120 are shaped by evolving trade frameworks, including the EU-Chile Interim Trade Agreement (2025), which clarifies rules of origin and tariff preferences for shipments to the EU [EU Taxation & Customs]. With an average MFN tariff of 6% and binding coverage of 25.1%, Chile’s $1.44 billion iodine export sector benefits from diversified trade agreements [WTO]. As global demand persists, Chile’s strategic position as a top iodine exporter underscores the need for vigilance in compliance and market trends for June 2025 shipments.

Chile Iodine (HS 280120) 2025 June Export: Trend Summary

Key Observations

In June 2025, Chile's Iodine exports under HS Code 280120 recorded a value of 32.46 million USD and a volume of 1.04 million kg, marking a significant contraction from the elevated levels seen in the first half of the year.

Price and Volume Dynamics

The data shows a sharp volatility in Chile Iodine exports throughout 2025, with values peaking at nearly 130 million USD in March and April before declining to 32.46 million in June. This QoQ drop of approximately 69% in value from May aligns with typical inventory cycle adjustments in the chemical sector, where bulk purchases in Q1 for industrial and pharmaceutical stock replenishment often lead to a mid-year slowdown. The volume followed a similar pattern, decreasing by over 50% from May, indicating that the high early-year figures were likely driven by seasonal demand spikes rather than sustained growth.

External Context and Outlook

The export fluctuations can be partly attributed to evolving trade frameworks, such as the EU-Chile Interim Trade Agreement effective in 2025 [EU-Chile Interim Trade Agreement], which may have prompted exporters to front-load shipments to capitalize on preferential tariffs before adjustments. Additionally, Chile's stable MFN tariff environment and strong trade ties with partners like India (TradeImeX) support a baseline demand, suggesting that the June dip is temporary, with exports expected to stabilize as global industrial demand cycles normalize.

Chile Iodine (HS 280120) 2025 June Export: HS Code Breakdown

Product Specialization and Concentration

In June 2025, Chile's export of Iodine under HS Code 280120 is completely dominated by a single sub-code, 28012000, which represents all trade activity for this product. This sub-code, specifically for Iodine, shows a unit price of 31.24 USD per kilogram, indicating a standardized bulk commodity trade without significant price variations. According to yTrade data, this high concentration means no other sub-codes contribute to the export structure for Chile Iodine HS Code 280120 Export in 2025 June.

Value-Chain Structure and Grade Analysis

With only one sub-code present, Iodine is traded as a uniform, bulk chemical without differentiation into higher-value forms or grades. This structure points to a fungible commodity market, where pricing is likely tied to global indices rather than brand or processing differences. The absence of varied sub-codes underscores that Chile's export focus is on raw or minimally processed Iodine, typical for commodity trades.

Strategic Implication and Pricing Power

Chile's exclusive focus on bulk Iodine exports under HS Code 280120 grants it consolidated pricing power, as there are no internal product variations to dilute market influence. Supported by trade agreements like the EU-Chile Interim Trade Agreement [FreightAmigo], this positions Chile to leverage stable demand from key partners such as India, optimizing export revenues without complexity from product diversification. Businesses should monitor global commodity trends to maintain competitive advantage in Chile Iodine HS Code 280120 Export for 2025 June.

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Chile Iodine (HS 280120) 2025 June Export: Market Concentration

Geographic Concentration and Dominant Role

In June 2025, Chile's Iodine HS Code 280120 export is heavily concentrated, with India as the dominant partner, accounting for 31.47% of the export value but only 25.08% of the weight, indicating a higher unit price and suggesting premium-grade iodine shipments. Norway and the United States follow with significant value shares but lower weight contributions, reinforcing a trend of higher-value exports to these markets. China, while the largest by weight at 37.52%, has a lower value share of 15.29%, pointing to bulk, lower-grade iodine exports.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: high-value destinations like India, Norway, and the US, likely due to demand for pharmaceutical or high-purity iodine in advanced industries, and bulk buyers like China, possibly for industrial or chemical processing uses. A secondary cluster includes Brazil and Mexico, with moderate volumes but decent value, indicating diversified mid-grade applications. This split reflects global supply chain roles, where developed economies seek quality inputs, while manufacturing hubs prioritize cost-efficiency.

Forward Strategy and Supply Chain Implications

For Chile's iodine exporters, focusing on high-value markets like India and Norway can maximize returns, supported by existing trade data flows [TradeInex]. Diversifying into emerging markets with stable demand, such as Brazil, could reduce reliance on bulk buyers like China. Supply chains should prioritize quality control and logistics for premium grades to sustain competitive advantage in the 2025 trade landscape.

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Chile Iodine (HS 280120) 2025 June Export: Action Plan for Iodine Market Expansion

Strategic Supply Chain Overview

Chile's Iodine Export under HS Code 280120 in June 2025 operates as a bulk commodity market. Price is driven by global demand for quality grades and stable supply from key partners like India. The supply chain implication is clear: Chile acts as a secure processing hub for high-purity iodine, but faces risk from over-reliance on a few bulk buyers. This structure demands focus on quality control and logistics to maintain competitive advantage.

Action Plan: Data-Driven Steps for Iodine Market Execution

• Target high-value buyers in India and Norway using trade data. Why: They pay premium prices for quality iodine, boosting profit margins.
• Diversify exports to emerging markets like Brazil with stable demand. Why: This reduces dependency on bulk buyers like China and spreads market risk.
• Monitor global iodine price indices and geopolitical events weekly. Why: This allows quick adjustment to price shifts and protects against sudden market changes.
• Use buyer frequency data to plan production and shipping schedules. Why: It ensures timely delivery to high-volume partners and prevents inventory issues.
• Leverage EU-Chile trade agreements for tariff advantages on exports. Why: It lowers costs and increases competitiveness in key markets.

Take Action Now —— Explore Chile Iodine Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Chile Iodine Export 2025 June?

Chile's iodine exports in June 2025 saw a sharp decline, with a 69% drop in value and 50% in volume from May, reflecting seasonal demand spikes in Q1 and mid-year inventory adjustments typical for bulk chemical markets.

Q2. Who are the main partner countries in this Chile Iodine Export 2025 June?

India dominates with 31.47% of export value, followed by Norway and the US, while China accounts for 37.52% of weight but only 15.29% of value, indicating bulk-grade shipments.

Q3. Why does the unit price differ across Chile Iodine Export 2025 June partner countries?

Price differences stem from market segmentation: high-value destinations like India and Norway pay premium prices for pharmaceutical-grade iodine, while China receives lower-cost bulk shipments.

Q4. What should exporters in Chile focus on in the current Iodine export market?

Exporters should prioritize high-value markets (India, Norway) to maximize returns and diversify into emerging buyers like Brazil to reduce reliance on bulk purchasers like China.

Q5. What does this Chile Iodine export pattern mean for buyers in partner countries?

Buyers in high-value markets can expect stable premium-grade supply, while bulk purchasers (e.g., China) benefit from cost-efficient volumes but face potential price volatility.

Q6. How is Iodine typically used in this trade flow?

Chile’s iodine exports are primarily fungible bulk chemicals, with high-grade variants likely used in pharmaceuticals and industrial applications, while lower grades serve general chemical processing.