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CHE 4310: Chemical Commodity Prices

How to Find Chemical Pricing using USITC DataWeb

1. First, you'll need to look up the HTS (Harmonized Tariff Schedule of the United States) commodity codes for specific chemicals of interest, in the HTS Search Tool.  Try different versions of the chemical name if your search does not yield results, ex. isopropyl alcohol instead of isopropanol or 2-propanol.  You may need to scroll through several results to find your chemical of interest.  The commodity code for isopropyl alcohol is 2905.12.00

2. Go to the Tariff and Trade DataWeb database, which can be found under Trade-Imports for Consumption on USITC DataWeb.

a) You'll need to create a free account, or sign in to your existing account, to download results.

b) Click New Data Request in green at the top of the screen:

c) Under Trade Flow and Classification System, select Domestic Exports for Trade Flow and HTS Items for Classification System:

d) Under Data and Years, select FAS Value and First Unit of Quantity under Data to Report.  Note that the FAS (Free Alongside Ship) value is the value of exports at the U.S. port, based on the transaction price, including inland freight, insurance, and other charges (the value excludes the cost of loading the merchandise aboard the carrier and also excludes any further costs) and the units of quantity are defined for each chemical:

 

e) Select years to display (select at least 2 years to see current trends), and select Annual + Year-to-Date for the timeframe aggregation:

f) Under Countries, select Use All Countries and Aggregate All Countries to get a generic value for the chemical:

g) Under Commodities, click Select Individual Commodities, then if you've already looked up your HTS Commodity Code for your chemical of interest, you can enter the number and click verify.  NOTE that for isopropyl alcohol, where the HTS Commodity Code is 2905.12.00, you would enter that as 290512:

h) Once your commodity is validated, select Aggregate all Commodities under Commodity Aggregation:

i) Keep remaining settings as default settings, then click Download Data.  You'll get an Excel spreadsheet where you can then view data by year: