HS Icon Coal Briquettes

2701 (Harmonized System 1992 for 4-digit)

World Trade (2018): $142B, Rnk 16 / 1225

Top Exporter (2018): $57.2B, Australia

Top Importer (2018): $27.2B, India

Product Complexity (2018): -1.66, Rnk 963 / 1018

Export Growth (CAGR)(2017 - 2018): 16.6%, Rnk 452 / 1225

Mean Tariff (2018): 2.03%, Rnk 1232 / 1259

Share of World Trade (2018): 0.77%, Rnk 16 / 1225

Overview:  This page contains the latest trade data of Coal Briquettes. In 2018, Coal Briquettes were the world's 16th most traded product, with a total trade of $142B. Between 2017 and 2018 the exports of Coal Briquettes grew by 16.6%, from  $122B to $142B. Trade in Coal Briquettes represent 0.77% of total world trade.

Exports: In 2018 the top exporters of Coal Briquettes  were Australia ($57.2B), Indonesia ($22.1B), Russia ($18.9B), United States ($13.1B), and Colombia ($7.45B).

Imports: In 2018 the top importers of Coal Briquettes were India ($27.2B), Japan ($21.9B), China ($19.2B), South Korea ($14.1B), and Chinese Taipei ($6.93B).

Tariffs: In 2018 the average tariff for Coal Briquettes was 2.03%, been the 1232 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Coal Briquettes are Bermuda (25%), Zambia (13.6%), Cameroon (9.81%), Gabon (9.81%), and Chad (9.81%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Coal Briquettes ranks 963rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Australia, $57.2B

Top Destination (2018): India, $27.2B

Coal Briquettes are the world's 16th most traded product.

In 2018, the top exporters of Coal Briquettes were Australia ($57.2B), Indonesia ($22.1B), Russia ($18.9B), United States ($13.1B), and Colombia ($7.45B).

In 2018, the top importers of Coal Briquettes were India ($27.2B), Japan ($21.9B), China ($19.2B), South Korea ($14.1B), and Chinese Taipei ($6.93B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Australia, $10.3B

Top Destination Growth (2017 - 2018): India, $7.71B

Between 2017 and 2018, the exports of Coal Briquettes grew the fastest in Australia ($10.3B), Indonesia ($3.18B), Russia ($2.77B), United States ($2.54B), and Mongolia ($508M).

Between 2017 and 2018, the fastest growing importers of Coal Briquettes were India ($7.71B), Japan ($2.34B), China ($1.36B), Chinese Taipei ($1.24B), and Netherlands ($1.13B).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Coal Briquettes.

In 2018,  market concentration measured using Shannon Entropy, was 2.84. This means that most of the exports of Coal Briquettes are explained by 7 countries.

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TOP NET EXPORTER (2018): Australia, $57.2B

TOP NET IMPORTER (2018): India, $27.1B

This map shows which countries export or import more of Coal Briquettes. Each country is colored based on the difference in exports and imports of Coal Briquettes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Coal Briquettes were Australia ($57.2B), Indonesia ($21.3B), Russia ($18.5B), United States ($12.5B), and Colombia ($7.45B).

In 2018, the countries that had a largest trade value in imports than in exports of Coal Briquettes were India ($27.1B), Japan ($21.8B), China ($18.3B), South Korea ($14.1B), and Chinese Taipei ($6.93B).

Trade Forecasts

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This section shows forecasts for total trade for Coal Briquettes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Coal Briquettes was 2.03%.  The countries with the highest tariffs for importing Coal Briquettes were Bermuda (25%), Zambia (13.6%), Cameroon (9.81%), Gabon (9.81%), and Chad (9.81%).

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Product Complexity

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Diversification Frontier

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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.