Carbon2803 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.83B, Rnk 552 / 1217
2020 Top Exporter | Top Importer: false, N/A | Thailand
2020 Product Complexity: 0.35, Rnk 422 / 1028
2019 - 2020 Export Growth (CAGR): -22.2%, Rnk 1064 / 1217
2018 Mean Tariff: 2.61%, Rnk 1184 / 1259
2020 Share of World Trade: 0.023%, Rnk 552 / 1217
Overview This page contains the latest trade data of Carbon. In 2020, Carbon were the world's 552nd most traded product, with a total trade of $3.83B. Between 2019 and 2020 the exports of Carbon decreased by -22.2%, from $4.93B to $3.83B. Trade in Carbon represent 0.023% of total world trade.
Carbon are a part of Inorganic chemicals. They include Carbon (carbon blacks and other forms of carbon, nes).
Exports In 2020 the top exporters of Carbon were N/A.
Imports In 2020 the top importers of Carbon were Thailand ($296M), United States ($239M), Germany ($238M), China ($225M), and Poland ($204M).
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 422nd 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
Top Destination (2020): Thailand, $296M
Carbon are the world's 552nd most traded product.
In 2020, the top importers of Carbon were Thailand ($296M), United States ($239M), Germany ($238M), China ($225M), and Poland ($204M).
Trade by country
Top Origin Growth (2019 - 2020): Singapore, $7.88M
Top Destination Growth (2019 - 2020): China, $16.8M
Between 2019 and 2020, the exports of Carbon grew the fastest in Singapore ($7.88M), Hong Kong ($7.32M), Belarus ($6.85M), Venezuela ($3.24M), and Iran ($1.4M).
Between 2019 and 2020, the fastest growing importers of Carbon were China ($16.8M), Egypt ($7.12M), Azerbaijan ($2.91M), Austria ($2.45M), and Argentina ($1.96M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Carbon.
In 2020, 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 2020.
In 2020, the world most traded Carbon, disaggragated by their HS6 level were Carbon (carbon blacks and other forms... ($3.83B)
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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