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280300 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.64BRnk 549 / 4644
2023
Top Exporter | Top Importer $1.15B | $494MChina | China
2023
Product Complexity 0.12Rnk 2354 / 4656
2022 - 2023
Export Growth (CAGR) -13.5%Rnk 3098 / 4644
2023
Share of World Trade 0.029%Rnk 549 / 4644

About

Overview This page contains the latest trade data of Carbon (carbon blacks and other forms of carbon, nes). In 2023, Carbon (carbon blacks and other forms of carbon, nes) were the world's 549th most traded product, with a total trade of $6.64B. Between 2022 and 2023 the exports of Carbon (carbon blacks and other forms of carbon, nes) decreased by -13.5%, from $7.68B to $6.64B. Trade in Carbon (carbon blacks and other forms of carbon, nes) represent 0.029% of total world trade.

Carbon (carbon blacks and other forms of carbon, nes) are a part of Carbon.

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

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

Ranking Carbon (carbon blacks and other forms of carbon, nes) ranks 2354th in the Product Complexity Index (PCI).

Description Carbon is a black solid used in manufacturing paints, rubber, and plastics. It is also used as a pigment for coloring inks, rubber, and plastics. Carbon fibers are used to make materials such as carbon graphite composite and carbon-fiber-reinforced polymer that are strong, lightweight, and heat-resistant.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carbon (carbon blacks and other forms of carbon, nes). 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$1.15B
Top Destination (2023)China$494M

In 2023 Carbon (carbon blacks and other forms of carbon, nes) were the world's 549th most traded product (out of 4,644).

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

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

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Exporters of Carbon (carbon blacks and other forms of carbon, nes) (2023)
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Importers of Carbon (carbon blacks and other forms of carbon, nes) (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 (carbon blacks and other forms of carbon, nes) 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 (carbon blacks and other forms of carbon, nes) were China ($149M), Cambodia ($48.5M), India ($19.8M), Netherlands ($17.3M), and Slovakia ($9.12M).

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Exporters of Carbon (carbon blacks and other forms of carbon, nes) (2022 - 2023)

Importers of Carbon (carbon blacks and other forms of carbon, nes) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carbon (carbon blacks and other forms of carbon, nes).

In 2023, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Carbon (carbon blacks and other forms of carbon, nes) are explained by 20 countries.

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Value of Exports in Carbon (carbon blacks and other forms of carbon, nes)

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 (carbon blacks and other forms of carbon, nes). Each country is colored based on the difference in exports and imports of Carbon (carbon blacks and other forms of carbon, nes) during 2023.

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

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 (carbon blacks and other forms of carbon, nes).
It is possible to select the main countries that export or import Carbon (carbon blacks and other forms of carbon, nes) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carbon (carbon blacks and other forms of carbon, nes) 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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