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Carbon; carbon blacks and other forms of carbon n.e.c.

2803 (Harmonized System 1992 for 4-digit)

2023
World Trade $6.64BRnk 467 / 1217
2023
Top Exporter | Top Importer $1.15B | $494MChina | China
2023
Product Complexity 0.1Rnk 534 / 1044
2022 - 2023
Export Growth (CAGR) -13.5%Rnk 863 / 1217
2023
Share of World Trade 0.029%Rnk 467 / 1217

About

Overview This page contains the latest trade data of Carbon. In 2023, Carbon were the world's 467th most traded product, with a total trade of $6.64B. Between 2022 and 2023 the exports of Carbon decreased by -13.5%, from $7.68B to $6.64B. Trade in Carbon represent 0.029% of total world trade.

Carbon are a part of Inorganic chemicals. They include Carbon (carbon blacks and other forms of carbon, nes).

Exports In 2023 the top exporters of Carbon  were China ($1.15B), Russia ($862M), Germany ($481M), South Korea ($406M), and India ($402M).

Imports In 2023 the top importers of Carbon were China ($494M), Thailand ($471M), Poland ($449M), Turkey ($414M), and United States ($412M).

Ranking Carbon ranks 534th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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.

Explore Latest Trends

* 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$1.15B
Top Destination (2023)China$494M

In 2023 Carbon were the world's 467th most traded product (out of 1,217).

In 2023, the top exporters of Carbon were China ($1.15B), Russia ($862M), Germany ($481M), South Korea ($406M), and India ($402M).

In 2023, the top importers of Carbon were China ($494M), Thailand ($471M), Poland ($449M), Turkey ($414M), and United States ($412M).

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

Color
Top Origin Growth (2022 -  2023)India$44.8M
Top Destination Growth (2022 -  2023)China$149M

Between 2022 and 2023, the exports of Carbon grew the fastest in India ($44.8M), Belgium ($31.7M), Hong Kong ($23.9M), Brazil ($8.35M), and Kazakhstan ($7.71M).

Between 2022 and 2023, the fastest growing importers of Carbon were China ($149M), Cambodia ($48.5M), India ($19.8M), Netherlands ($17.3M), and Slovakia ($9.12M).

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Exporters of Carbon (2022 - 2023)

Importers of Carbon (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Carbon are explained by 20 countries.

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Value of Exports in Carbon

Net Trade

TOP NET EXPORTER (2023)Russia$856M
TOP NET IMPORTER (2023)Turkey$375M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carbon were Russia ($856M), China ($653M), South Korea ($324M), Egypt ($199M), and Canada ($170M).

In 2023, the countries that had a largest trade value in imports than in exports of Carbon were Turkey ($375M), Vietnam ($331M), Indonesia ($288M), Thailand ($284M), and Poland ($263M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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.

Top 10 Exporters Countries of Carbon by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $30.9M
TOP IMPORT POTENTIALRussia+ $22.7M

Carbon’s highest export potential is India. With an export gap of $30.9M.  Carbon’s highest import potential is Russia with an import gap of $22.7M.

See methodology.

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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 Carbon.

Country by Relatedness

The following visualization shows the relatedness of Carbon 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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