HS Icon Aromatic hydrocarbon mixtures from coal tar, nes

270750 (Harmonized System 1992 for 6-digit)

World Trade (2018): $10.9B, Rnk 280 / 4726

Top Exporter (2018): $1.56B, Netherlands

Top Importer (2018): $2.68B, China

Product Complexity (2018): 0.27, Rnk 2133 / 4873

Export Growth (CAGR)(2017 - 2018): -10.7%, Rnk 4341 / 4726

Mean Tariff (2018): 3.67%, Rnk 5285 / 6538

Share of World Trade (2018): 0.06%, Rnk 280 / 4726

Overview:  This page contains the latest trade data of Aromatic hydrocarbon mixtures from coal tar, nes. In 2018, Aromatic hydrocarbon mixtures from coal tar, nes were the world's 280th most traded product, with a total trade of $10.9B. Between 2017 and 2018 the exports of Aromatic hydrocarbon mixtures from coal tar, nes decreased by -10.7%, from  $12.3B to $10.9B. Trade in Aromatic hydrocarbon mixtures from coal tar, nes represent 0.06% of total world trade.

Exports: In 2018 the top exporters of Aromatic hydrocarbon mixtures from coal tar, nes  were Netherlands ($1.56B), Malaysia ($725M), Spain ($644M), Belgium-Luxembourg ($605M), and United States ($596M).

Imports: In 2018 the top importers of Aromatic hydrocarbon mixtures from coal tar, nes were China ($2.68B), Netherlands ($1.89B), Ecuador ($1.31B), Belgium-Luxembourg ($938M), and Singapore ($483M).

Tariffs: In 2018 the average tariff for Aromatic hydrocarbon mixtures from coal tar, nes was 3.67%, been the 5285 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Aromatic hydrocarbon mixtures from coal tar, nes are Bermuda (25%), Pakistan (19.5%), Madagascar (17.2%), Panama (15%), and Jamaica (15%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Aromatic hydrocarbon mixtures from coal tar, nes ranks 2133rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $1.56B

Top Destination (2018): China, $2.68B

Aromatic hydrocarbon mixtures from coal tar, nes are the world's 280th most traded product.

In 2018, the top exporters of Aromatic hydrocarbon mixtures from coal tar, nes were Netherlands ($1.56B), Malaysia ($725M), Spain ($644M), Belgium-Luxembourg ($605M), and United States ($596M).

In 2018, the top importers of Aromatic hydrocarbon mixtures from coal tar, nes were China ($2.68B), Netherlands ($1.89B), Ecuador ($1.31B), Belgium-Luxembourg ($938M), and Singapore ($483M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Panama, $193M

Top Destination Growth (2017 - 2018): Belgium-Luxembourg, $298M

Between 2017 and 2018, the exports of Aromatic hydrocarbon mixtures from coal tar, nes grew the fastest in Panama ($193M), Belarus ($153M), Germany ($137M), Russia ($119M), and France ($112M).

Between 2017 and 2018, the fastest growing importers of Aromatic hydrocarbon mixtures from coal tar, nes were Belgium-Luxembourg ($298M), Singapore ($297M), Netherlands ($277M), Ecuador ($217M), and United States ($178M).

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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 Aromatic hydrocarbon mixtures from coal tar, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Aromatic hydrocarbon mixtures from coal tar, nes are explained by 24 countries.

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TOP NET EXPORTER (2018): Spain, $546M

TOP NET IMPORTER (2018): China, $2.67B

This map shows which countries export or import more of Aromatic hydrocarbon mixtures from coal tar, nes. Each country is colored based on the difference in exports and imports of Aromatic hydrocarbon mixtures from coal tar, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Aromatic hydrocarbon mixtures from coal tar, nes were Spain ($546M), Russia ($511M), Panama ($497M), Malaysia ($463M), and Thailand ($420M).

In 2018, the countries that had a largest trade value in imports than in exports of Aromatic hydrocarbon mixtures from coal tar, nes were China ($2.67B), Netherlands ($335M), Belgium-Luxembourg ($333M), India ($264M), and Latvia ($145M).

Trade Forecasts

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This section shows forecasts for total trade for Aromatic hydrocarbon mixtures from coal tar, nes. 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 Aromatic hydrocarbon mixtures from coal tar, nes was 3.67%.  The countries with the highest tariffs for importing Aromatic hydrocarbon mixtures from coal tar, nes were Bermuda (25%), Pakistan (19.5%), Madagascar (17.2%), Panama (15%), and Jamaica (15%).

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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.