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Pricing

Pitch and pitch coke; obtained from coal tar or from other mineral tars

2708 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.21BRnk 746 / 1217
2023
Top Exporter | Top Importer $706M | $219MChina | United Arab Emirates
2023
Product Complexity 0.6Rnk 335 / 1044
2022 - 2023
Export Growth (CAGR) -13.1%Rnk 847 / 1217
2023
Share of World Trade 0.0098%Rnk 746 / 1217

About

Overview This page contains the latest trade data of Pitch Coke. In 2023, Pitch Coke were the world's 746th most traded product, with a total trade of $2.21B. Between 2022 and 2023 the exports of Pitch Coke decreased by -13.1%, from $2.54B to $2.21B. Trade in Pitch Coke represent 0.0098% of total world trade.

Pitch Coke are a part of Mineral fuels, mineral oils and products of their distillation. They include Pitch and Pitch coke.

Exports In 2023 the top exporters of Pitch Coke  were China ($706M), Belgium ($268M), South Korea ($185M), Germany ($163M), and Spain ($141M).

Imports In 2023 the top importers of Pitch Coke were United Arab Emirates ($219M), Canada ($212M), Bahrain ($161M), Norway ($135M), and United States ($121M).

Ranking Pitch Coke ranks 335th in the Product Complexity Index (PCI).

Description Pitch is a black or brownish solid material obtained from coal tar or other mineral tars. Pitch is used in the production of asphalt, roofing materials, and sealants. Pitch coke is a byproduct of the process of manufacturing coke. Pitch coke is used in the production of steel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pitch 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.

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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$706M
Top Destination (2023)United Arab Emirates$219M

In 2023 Pitch Coke were the world's 746th most traded product (out of 1,217).

In 2023, the top exporters of Pitch Coke were China ($706M), Belgium ($268M), South Korea ($185M), Germany ($163M), and Spain ($141M).

In 2023, the top importers of Pitch Coke were United Arab Emirates ($219M), Canada ($212M), Bahrain ($161M), Norway ($135M), and United States ($121M).

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Exporters of Pitch Coke (2023)
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Importers of Pitch Coke (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$41.7M
Top Destination Growth (2022 -  2023)United Kingdom$37.3M

Between 2022 and 2023, the exports of Pitch Coke grew the fastest in Belgium ($41.7M), Poland ($28.5M), Gabon ($10.3M), United States ($7.71M), and India ($7.66M).

Between 2022 and 2023, the fastest growing importers of Pitch Coke were United Kingdom ($37.3M), Mozambique ($22.7M), Netherlands ($21M), Belgium ($19.9M), and Colombia ($10.4M).

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Exporters of Pitch Coke (2022 - 2023)

Importers of Pitch Coke (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pitch Coke.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Pitch Coke are explained by 11 countries.

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Value of Exports in Pitch Coke

Net Trade

TOP NET EXPORTER (2023)China$635M
TOP NET IMPORTER (2023)United Arab Emirates$217M

This map shows which countries export or import more of Pitch Coke. Each country is colored based on the difference in exports and imports of Pitch Coke during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pitch Coke were China ($635M), South Korea ($179M), Belgium ($173M), Germany ($156M), and Spain ($138M).

In 2023, the countries that had a largest trade value in imports than in exports of Pitch Coke were United Arab Emirates ($217M), Norway ($135M), Brazil ($120M), Canada ($120M), and Russia ($92.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Pitch Coke, disaggragated by their HS6 level were Pitch ($1.82B) and Pitch coke ($382M)

HS6 Disaggregation for Pitch Coke (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pitch Coke.
It is possible to select the main countries that export or import Pitch Coke in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pitch Coke by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.83M
TOP IMPORT POTENTIALIndia+ $3.05M

Pitch Coke’s highest export potential is India. With an export gap of $9.83M.  Pitch Coke’s highest import potential is India with an import gap of $3.05M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Pitch Coke.

Country by Relatedness

The following visualization shows the relatedness of Pitch Coke to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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