Petroleum CokePetroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals
2713 (Harmonized System 1992 for 4-digit)
2021 World Trade: $23.8B, Rnk 190 / 1217
2021 Top Exporter | Top Importer: $5.43B | $3.01B, United States | China
2021 Product Complexity: -0.8, Rnk 779 / 1024
2020 - 2021 Export Growth (CAGR): 56.1%, Rnk 74 / 1217
2018 Mean Tariff: 3.86%, Rnk 1037 / 1259
2021 Share of World Trade: 0.11%, Rnk 190 / 1217
Overview This page contains the latest trade data of Petroleum Coke. In 2021, Petroleum Coke were the world's 190th most traded product, with a total trade of $23.8B. Between 2020 and 2021 the exports of Petroleum Coke grew by 56.1%, from $15.2B to $23.8B. Trade in Petroleum Coke represent 0.11% of total world trade.
Petroleum Coke are a part of Mineral fuels, mineral oils and products of their distillation. They include Petroleum bitumen, Petroleum coke, not calcined, Petroleum coke, calcined, and Residues of petroleum oils etc. nes.
Exports In 2021 the top exporters of Petroleum Coke were United States ($5.43B), Canada ($1.47B), Singapore ($1.2B), China ($1.15B), and Germany ($1.11B).
Imports In 2021 the top importers of Petroleum Coke were China ($3.01B), United States ($1.94B), India ($1.83B), Japan ($827M), and France ($817M).
Tariffs In 2018 the average tariff for Petroleum Coke was 3.86%, making it the 1037th lowest tariff using the HS4 product classification.
Ranking Petroleum Coke ranks 779th in the Product Complexity Index (PCI).
Description Petroleum coke is a solid, black, porous, high-carbon by-product of the oil refining process. It is used in industrial furnaces for generating heat or electricity. Petroleum bitumen is a thick, tar-like form of petroleum. It is used in paving roads and in roofing. Other residues of petroleum oil or of oil obtained from bituminous minerals are used in a variety of products, including asphalt, roofing materials, lubricants, paints, plastics, and solvents.
The following visualization shows the latest trends on Petroleum Coke. 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 Origin (2021): United States, $5.43B
Top Destination (2021): China, $3.01B
Petroleum Coke are the world's 190th most traded product.
In 2021, the top exporters of Petroleum Coke were United States ($5.43B), Canada ($1.47B), Singapore ($1.2B), China ($1.15B), and Germany ($1.11B).
In 2021, the top importers of Petroleum Coke were China ($3.01B), United States ($1.94B), India ($1.83B), Japan ($827M), and France ($817M).
Trade by country
Top Origin Growth (2020 - 2021): United States, $2B
Top Destination Growth (2020 - 2021): United States, $886M
Between 2020 and 2021, the exports of Petroleum Coke grew the fastest in United States ($2B), Canada ($611M), Greece ($564M), United Arab Emirates ($523M), and China ($482M).
Between 2020 and 2021, the fastest growing importers of Petroleum Coke were United States ($886M), China ($786M), India ($509M), Japan ($407M), and Turkey ($339M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Petroleum Coke.
In 2021, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Petroleum Coke are explained by 26 countries.
TOP NET EXPORTER (2021): United States, $3.49B
TOP NET IMPORTER (2021): China, $1.86B
This map shows which countries export or import more of Petroleum Coke. Each country is colored based on the difference in exports and imports of Petroleum Coke during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Petroleum Coke were United States ($3.49B), Singapore ($1.07B), Canada ($1.03B), Greece ($966M), and South Korea ($878M).
In 2021, the countries that had a largest trade value in imports than in exports of Petroleum Coke were China ($1.86B), India ($1.66B), Australia ($690M), France ($609M), and Mexico ($549M).
In 2021, the world most traded Petroleum Coke, disaggragated by their HS6 level were Petroleum bitumen ($12.8B), Petroleum coke, not calcined ($6.43B), Petroleum coke, calcined ($3.74B), and Residues of petroleum oils etc. nes ($832M)
This visualization shows the countries that have an important ratio of their trade related to Petroleum Coke. It is possible to select the main countries that export or import Petroleum Coke 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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