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Carbides, whether or not chemically defined

2849 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.32BRnk 734 / 1217
2023
Top Exporter | Top Importer $859M | $371MChina | United States
2023
Product Complexity -0.047Rnk 591 / 1044
2022 - 2023
Export Growth (CAGR) -18.9%Rnk 1016 / 1217
2023
Share of World Trade 0.01%Rnk 734 / 1217

About

Overview This page contains the latest trade data of Carbides. In 2023, Carbides were the world's 734th most traded product, with a total trade of $2.32B. Between 2022 and 2023 the exports of Carbides decreased by -18.9%, from $2.86B to $2.32B. Trade in Carbides represent 0.01% of total world trade.

Carbides are a part of Inorganic chemicals. They include Silicon carbide, Carbides except calcium and silicon, and Calcium carbide.

Exports In 2023 the top exporters of Carbides  were China ($859M), Austria ($250M), Germany ($154M), Norway ($142M), and South Africa ($112M).

Imports In 2023 the top importers of Carbides were United States ($371M), Germany ($285M), Japan ($276M), Sweden ($120M), and South Korea ($111M).

Ranking Carbides ranks 591st in the Product Complexity Index (PCI).

Description Carbides are the most common type of metal carbide, and are used in many industrial applications. They are made by combining carbon and a metal, and are used in cutting tools, wear-resistant materials, and high-temperature parts.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carbides. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$859M
Top Destination (2023)United States$371M

In 2023 Carbides were the world's 734th most traded product (out of 1,217).

In 2023, the top exporters of Carbides were China ($859M), Austria ($250M), Germany ($154M), Norway ($142M), and South Africa ($112M).

In 2023, the top importers of Carbides were United States ($371M), Germany ($285M), Japan ($276M), Sweden ($120M), and South Korea ($111M).

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Exporters of Carbides (2023)
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Importers of Carbides (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Venezuela$15.2M
Top Destination Growth (2022 -  2023)Poland$11.4M

Between 2022 and 2023, the exports of Carbides grew the fastest in Venezuela ($15.2M), Sweden ($7.42M), Chinese Taipei ($5.91M), Kazakhstan ($1.9M), and North Korea ($1.03M).

Between 2022 and 2023, the fastest growing importers of Carbides were Poland ($11.4M), Malaysia ($9.72M), Norway ($7.04M), Argentina ($6.58M), and Belgium ($6.23M).

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Exporters of Carbides (2022 - 2023)

Importers of Carbides (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carbides.

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Carbides are explained by 13 countries.

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Value of Exports in Carbides

Net Trade

TOP NET EXPORTER (2023)China$834M
TOP NET IMPORTER (2023)United States$295M

This map shows which countries export or import more of Carbides. Each country is colored based on the difference in exports and imports of Carbides during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carbides were China ($834M), Austria ($191M), South Africa ($104M), Norway ($87.2M), and Brazil ($57.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Carbides were United States ($295M), Japan ($230M), Germany ($131M), India ($96.4M), and South Korea ($83.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Carbides, disaggragated by their HS6 level were Silicon carbide ($1.16B), Carbides except calcium and silicon ($852M), and Calcium carbide ($304M)

HS6 Disaggregation for Carbides (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Carbides.
It is possible to select the main countries that export or import Carbides in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carbides by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $24.6M
TOP IMPORT POTENTIALGermany+ $1.24M

Carbides’s highest export potential is India. With an export gap of $24.6M.  Carbides’s highest import potential is Germany with an import gap of $1.24M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Carbides.

Country by Relatedness

The following visualization shows the relatedness of Carbides to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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