CarbonCarbon; carbon blacks and other forms of carbon n.e.c.
2803 (Harmonized System 1992 for 4-digit)
2021 World Trade: $5.58B, Rnk 519 / 1217
2021 Top Exporter | Top Importer: $938M | $477M, China | Thailand
2021 Product Complexity: 0.17, Rnk 501 / 1024
2020 - 2021 Export Growth (CAGR): 45.4%, Rnk 145 / 1217
2018 Mean Tariff: 2.61%, Rnk 1184 / 1259
2021 Share of World Trade: 0.027%, Rnk 519 / 1217
Overview This page contains the latest trade data of Carbon. In 2021, Carbon were the world's 519th most traded product, with a total trade of $5.58B. Between 2020 and 2021 the exports of Carbon grew by 45.4%, from $3.84B to $5.58B. Trade in Carbon represent 0.027% of total world trade.
Carbon are a part of Inorganic chemicals. They include Carbon (carbon blacks and other forms of carbon, nes).
Exports In 2021 the top exporters of Carbon were China ($938M), Russia ($700M), Germany ($396M), South Korea ($367M), and United States ($325M).
Imports In 2021 the top importers of Carbon were Thailand ($477M), Germany ($349M), United States ($318M), Indonesia ($314M), and Poland ($314M).
Tariffs In 2018 the average tariff for Carbon was 2.61%, making it the 1184th lowest tariff using the HS4 product classification.
Ranking Carbon ranks 501st in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Carbon. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Carbon are the world's 519th most traded product.
In 2021, the top exporters of Carbon were China ($938M), Russia ($700M), Germany ($396M), South Korea ($367M), and United States ($325M).
In 2021, the top importers of Carbon were Thailand ($477M), Germany ($349M), United States ($318M), Indonesia ($314M), and Poland ($314M).
Trade by country
Between 2020 and 2021, the exports of Carbon grew the fastest in China ($357M), Russia ($219M), South Korea ($110M), Germany ($98.5M), and India ($98.2M).
Between 2020 and 2021, the fastest growing importers of Carbon were Thailand ($182M), Indonesia ($143M), Vietnam ($122M), Germany ($111M), and Poland ($110M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Carbon.
In 2021, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Carbon are explained by 21 countries.
This map shows which countries export or import more of Carbon. Each country is colored based on the difference in exports and imports of Carbon during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Carbon were Russia ($692M), China ($636M), South Korea ($280M), Canada ($141M), and Egypt ($123M).
In 2021, the countries that had a largest trade value in imports than in exports of Carbon were Thailand ($337M), Indonesia ($297M), Vietnam ($295M), Turkey ($294M), and Spain ($115M).
In 2021, the world most traded Carbon, disaggragated by their HS6 level were Carbon (carbon blacks and other forms... ($5.58B)
This visualization shows the countries that have an important ratio of their trade related to Carbon. It is possible to select the main countries that export or import Carbon in the world, or by continent, as well as select the measure of interest.
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.
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