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854511 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.77BRnk 1166 / 4644
2023
Top Exporter | Top Importer $1.04B | $317MChina | Iceland
2023
Product Complexity 0.64Rnk 1413 / 4656
2022 - 2023
Export Growth (CAGR) -25.7%Rnk 4048 / 4644
2023
Share of World Trade 0.012%Rnk 1166 / 4644

About

Overview This page contains the latest trade data of Carbon and graphite furnace electrodes. In 2023, Carbon and graphite furnace electrodes were the world's 1166th most traded product, with a total trade of $2.77B. Between 2022 and 2023 the exports of Carbon and graphite furnace electrodes decreased by -25.7%, from $3.72B to $2.77B. Trade in Carbon and graphite furnace electrodes represent 0.012% of total world trade.

Carbon and graphite furnace electrodes are a part of Carbon-based Electronics.

Exports In 2023 the top exporters of Carbon and graphite furnace electrodes  were China ($1.04B), Spain ($293M), India ($264M), Japan ($193M), and Netherlands ($183M).

Imports In 2023 the top importers of Carbon and graphite furnace electrodes were Iceland ($317M), United States ($286M), South Korea ($166M), Italy ($162M), and Turkey ($121M).

Ranking Carbon and graphite furnace electrodes ranks 1413th in the Product Complexity Index (PCI).

Description Carbon or graphite furnace electrodes are used to heat metals such as steel and molten metals such as aluminum, copper, and magnesium.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carbon and graphite furnace electrodes. 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$1.04B
Top Destination (2023)Iceland$317M

In 2023 Carbon and graphite furnace electrodes were the world's 1166th most traded product (out of 4,644).

In 2023, the top exporters of Carbon and graphite furnace electrodes were China ($1.04B), Spain ($293M), India ($264M), Japan ($193M), and Netherlands ($183M).

In 2023, the top importers of Carbon and graphite furnace electrodes were Iceland ($317M), United States ($286M), South Korea ($166M), Italy ($162M), and Turkey ($121M).

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Exporters of Carbon and graphite furnace electrodes (2023)
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Importers of Carbon and graphite furnace electrodes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$17.2M
Top Destination Growth (2022 -  2023)Iceland$25.8M

Between 2022 and 2023, the exports of Carbon and graphite furnace electrodes grew the fastest in Poland ($17.2M), Slovakia ($14.1M), Japan ($13.6M), Saudi Arabia ($4.98M), and Belgium ($2.46M).

Between 2022 and 2023, the fastest growing importers of Carbon and graphite furnace electrodes were Iceland ($25.8M), Australia ($18.1M), Tajikistan ($17.2M), Bahrain ($16.5M), and Oman ($16.1M).

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Exporters of Carbon and graphite furnace electrodes (2022 - 2023)

Importers of Carbon and graphite furnace electrodes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carbon and graphite furnace electrodes.

In 2023, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Carbon and graphite furnace electrodes are explained by 9 countries.

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Value of Exports in Carbon and graphite furnace electrodes

Net Trade

TOP NET EXPORTER (2023)China$1.03B
TOP NET IMPORTER (2023)Iceland$317M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carbon and graphite furnace electrodes were China ($1.03B), Spain ($255M), India ($212M), Netherlands ($178M), and Japan ($127M).

In 2023, the countries that had a largest trade value in imports than in exports of Carbon and graphite furnace electrodes were Iceland ($317M), United States ($229M), South Korea ($164M), Turkey ($120M), and Italy ($120M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Carbon and graphite furnace electrodes by percentage of total exports

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)

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