HS Icon Carbon

2803 (Harmonized System 1992 for 4-digit)

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).

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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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).

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Market Dynamics

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Trade by country

Value

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).

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Market Concentration

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Cumulative market share

Value

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.

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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.

Disaggregation

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Value

In 2020, the world most traded Carbon, disaggragated by their HS6 level were Carbon (carbon blacks and other forms... ($3.83B)

Country Comparison

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Flow
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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.