HS Icon Bituminous coal, not agglomerated

270112 (Harmonized System 1992 for 6-digit)

World Trade (2018): $107B, Rnk 17 / 4726

Top Exporter (2018): $47.7B, Australia

Top Importer (2018): $20.8B, Japan

Product Complexity (2018): -1.09, Rnk 4112 / 4873

Export Growth (CAGR)(2017 - 2018): 19.2%, Rnk 1445 / 4726

Mean Tariff (2018): 1.84%, Rnk 6241 / 6538

Share of World Trade (2018): 0.58%, Rnk 17 / 4726

Overview: In 2018, Bituminous coal, not agglomerated were the world's 17th most traded product, with a total trade of $107B. Between 2017 and 2018 the exports of Bituminous coal, not agglomerated grew by 19.2%, from  $89.5B to $107B. Trade in Bituminous coal, not agglomerated represent 0.58% of total world trade.

Exports: In 2018 the top exporters of Bituminous coal, not agglomerated  were Australia ($47.7B), Russia ($14.8B), United States ($11.8B), Indonesia ($7.92B), and Colombia ($6.62B).

Imports: In 2018 the top importers of Bituminous coal, not agglomerated were Japan ($20.8B), China ($16.2B), India ($12.2B), South Korea ($12B), and Chinese Taipei ($6.14B).

Tariffs: In 2018 the average tariff for Bituminous coal, not agglomerated was 1.84%, been the 6241 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Bituminous coal, not agglomerated are Bermuda (25%), Zambia (13.6%), Pakistan (10.7%), Cameroon (9.81%), and Gabon (9.81%). The countries with the lowest tariffs are Egypt (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Bituminous coal, not agglomerated ranks 4112th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Australia, $47.7B

Top Destination (2018): Japan, $20.8B

Bituminous coal, not agglomerated are the world's 17th most traded product.

In 2018, the top exporters of Bituminous coal, not agglomerated were Australia ($47.7B), Russia ($14.8B), United States ($11.8B), Indonesia ($7.92B), and Colombia ($6.62B).

In 2018, the top importers of Bituminous coal, not agglomerated were Japan ($20.8B), China ($16.2B), India ($12.2B), South Korea ($12B), and Chinese Taipei ($6.14B).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Australia, $9.54B

Top Destination Growth (2017 - 2018): India, $7.31B

Between 2017 and 2018, the exports of Bituminous coal, not agglomerated grew the fastest in Australia ($9.54B), United States ($2.78B), Russia ($2.3B), South Africa ($1.28B), and Canada ($549M).

Between 2017 and 2018, the fastest growing importers of Bituminous coal, not agglomerated were India ($7.31B), Japan ($2.74B), China ($1.27B), Malaysia ($1.23B), and Chinese Taipei ($1.16B).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Bituminous coal, not agglomerated.

In 2018,  market concentration measured using Shannon Entropy, was 2.66. This means that most of the exports of Bituminous coal, not agglomerated are explained by 6 countries.

TOP NET EXPORTER (2018): Australia, $47.7B

TOP NET IMPORTER (2018): Japan, $20.7B

This map shows which countries export or import more of Bituminous coal, not agglomerated. Each country is colored based on the difference in exports and imports of Bituminous coal, not agglomerated during 2018.

In 2018, the countries that had a largest trade value in exports than imports of Bituminous coal, not agglomerated were Australia ($47.7B), Russia ($14.7B), United States ($11.4B), Indonesia ($7.22B), and Colombia ($6.62B).

In 2018, the countries that had a largest trade value in imports than exports of Bituminous coal, not agglomerated were Japan ($20.7B), China ($15.8B), India ($12.2B), South Korea ($12B), and Chinese Taipei ($6.14B).

Trade Forecasts

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This section shows forecasts for total trade for Bituminous coal, not agglomerated. 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 Bituminous coal, not agglomerated was 1.84%.  The countries with the highest tariffs for importing Bituminous coal, not agglomerated were Bermuda (25%), Zambia (13.6%), Pakistan (10.7%), Cameroon (9.81%), and Gabon (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.