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284920 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.16BRnk 1947 / 4644
2023
Top Exporter | Top Importer $497M | $208MChina | United States
2023
Product Complexity -0.49Rnk 3205 / 4656
2022 - 2023
Export Growth (CAGR) -17.4%Rnk 3460 / 4644
2023
Share of World Trade 0.0051%Rnk 1947 / 4644

About

Overview This page contains the latest trade data of Silicon carbide. In 2023, Silicon carbide were the world's 1947th most traded product, with a total trade of $1.16B. Between 2022 and 2023 the exports of Silicon carbide decreased by -17.4%, from $1.41B to $1.16B. Trade in Silicon carbide represent 0.0051% of total world trade.

Silicon carbide are a part of Carbides.

Exports In 2023 the top exporters of Silicon carbide  were China ($497M), Norway ($142M), Brazil ($59.9M), Germany ($57.9M), and Russia ($41.7M).

Imports In 2023 the top importers of Silicon carbide were United States ($208M), Japan ($159M), Germany ($143M), India ($65.5M), and Poland ($64.9M).

Ranking Silicon carbide ranks 3205th in the Product Complexity Index (PCI).

Description Silicon carbide is used in industry for high-temperature materials, such as cutting tools, abrasives, and insulation for ovens. It is also used in semiconductor devices and in the production of electronic components.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Silicon carbide. 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$497M
Top Destination (2023)United States$208M

In 2023 Silicon carbide were the world's 1947th most traded product (out of 4,644).

In 2023, the top exporters of Silicon carbide were China ($497M), Norway ($142M), Brazil ($59.9M), Germany ($57.9M), and Russia ($41.7M).

In 2023, the top importers of Silicon carbide were United States ($208M), Japan ($159M), Germany ($143M), India ($65.5M), and Poland ($64.9M).

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Exporters of Silicon carbide (2023)
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Importers of Silicon carbide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Venezuela$15.2M
Top Destination Growth (2022 -  2023)Poland$12.7M

Between 2022 and 2023, the exports of Silicon carbide grew the fastest in Venezuela ($15.2M), Chinese Taipei ($5.98M), Sweden ($4.84M), South Africa ($3.42M), and South Korea ($1.79M).

Between 2022 and 2023, the fastest growing importers of Silicon carbide were Poland ($12.7M), Malaysia ($8.44M), Belgium ($7.9M), Norway ($7.01M), and Argentina ($5.27M).

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Exporters of Silicon carbide (2022 - 2023)

Importers of Silicon carbide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silicon carbide.

In 2023, market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Silicon carbide are explained by 10 countries.

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Value of Exports in Silicon carbide

Net Trade

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

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Silicon carbide by percentage of total exports

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)

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