HS Icon Coal Tar Oil

Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents

2707 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Coal Tar Oil. In 2020, Coal Tar Oil were the world's 178th most traded product, with a total trade of $20.3B. Between 2019 and 2020 the exports of Coal Tar Oil decreased by -21.2%, from $25.7B to $20.3B. Trade in Coal Tar Oil represent 0.12% of total world trade.

Coal Tar Oil are a part of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral.... They include Aromatic hydrocarbon mixtures from coal tar, nes, Coal tar distillation products nes, Xylole, Naphthalene, Benzol, Toluole, Creosote oils, and Phenols.

Exports In 2020 the top exporters of Coal Tar Oil  were Netherlands ($2.52B), Russia ($1.88B), Belgium ($1.23B), Singapore ($1.2B), and United States ($1.17B).

Imports In 2020 the top importers of Coal Tar Oil were China ($3.7B), Netherlands ($2.94B), Belgium ($1.72B), Singapore ($977M), and United States ($853M).

Ranking Coal Tar Oil ranks 572nd in the Product Complexity Index (PCI).

Description The common uses of oils and other products of the distillation of high temperature coal tar are: -used in the production of synthetic resins, plastics, and synthetic fibers -used in the production of dyes and pigments -used in the production of paints, varnishes, and lacquers -used in the production of insecticides, herbicides, and fungicides -used in the production of pharmaceuticals

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The following visualization shows the latest trends on Coal Tar Oil. 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 Origin (2020): Netherlands, $2.52B

Top Destination (2020): China, $3.7B

Coal Tar Oil are the world's 178th most traded product.

In 2020, the top exporters of Coal Tar Oil were Netherlands ($2.52B), Russia ($1.88B), Belgium ($1.23B), Singapore ($1.2B), and United States ($1.17B).

In 2020, the top importers of Coal Tar Oil were China ($3.7B), Netherlands ($2.94B), Belgium ($1.72B), Singapore ($977M), and United States ($853M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Singapore, $597M

Top Destination Growth (2019 - 2020): China, $1.13B

Between 2019 and 2020, the exports of Coal Tar Oil grew the fastest in Singapore ($597M), Poland ($232M), Indonesia ($138M), Norway ($126M), and Brunei ($125M).

Between 2019 and 2020, the fastest growing importers of Coal Tar Oil were China ($1.13B), Gibraltar ($207M), United Arab Emirates ($197M), Saudi Arabia ($107M), and Nigeria ($84.2M).

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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 Coal Tar Oil.

In 2020,  market concentration measured using Shannon Entropy, was 4.82. This means that most of the exports of Coal Tar Oil are explained by 28 countries.

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TOP NET EXPORTER (2020): Russia, $1.84B

TOP NET IMPORTER (2020): China, $3.65B

This map shows which countries export or import more of Coal Tar Oil. Each country is colored based on the difference in exports and imports of Coal Tar Oil during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Coal Tar Oil were Russia ($1.84B), Japan ($1.08B), Indonesia ($525M), Germany ($505M), and United Kingdom ($442M).

In 2020, the countries that had a largest trade value in imports than in exports of Coal Tar Oil were China ($3.65B), Ecuador ($811M), Belgium ($492M), United Arab Emirates ($464M), and Netherlands ($423M).

Disaggregation

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Value

In 2020, the world most traded Coal Tar Oil, disaggragated by their HS6 level were Coal tar distillation products nes ($9.53B), Aromatic hydrocarbon mixtures from coal tar,... ($7.62B), Xylole ($2.18B), Benzol ($522M), and Creosote oils ($162M)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Coal Tar Oil.
It is possible to select the main countries that export or import Coal Tar Oil 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 Coal Tar Oil to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.