HS Icon Petroleum coke, not calcined

271311 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.03B, Rnk 539 / 4726

Top Exporter (2018): $3.34B, United States

Top Importer (2018): $1.08B, China

Product Complexity (2018): -1.24, Rnk 4246 / 4873

Export Growth (CAGR)(2017 - 2018): 24.7%, Rnk 1074 / 4726

Mean Tariff (2018): 2.71%, Rnk 5874 / 6538

Share of World Trade (2018): 0.033%, Rnk 539 / 4726

Overview:  This page contains the latest trade data of Petroleum coke, not calcined. In 2018, Petroleum coke, not calcined were the world's 539th most traded product, with a total trade of $6.03B. Between 2017 and 2018 the exports of Petroleum coke, not calcined grew by 24.7%, from  $4.83B to $6.03B. Trade in Petroleum coke, not calcined represent 0.033% of total world trade.

Exports: In 2018 the top exporters of Petroleum coke, not calcined  were United States ($3.34B), Saudi Arabia ($447M), Spain ($314M), China ($251M), and Canada ($147M).

Imports: In 2018 the top importers of Petroleum coke, not calcined were China ($1.08B), India ($724M), Japan ($572M), Turkey ($412M), and Mexico ($370M).

Tariffs: In 2018 the average tariff for Petroleum coke, not calcined was 2.71%, been the 5874 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Petroleum coke, not calcined are Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Angola (10%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Petroleum coke, not calcined ranks 4246th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $3.34B

Top Destination (2018): China, $1.08B

Petroleum coke, not calcined are the world's 539th most traded product.

In 2018, the top exporters of Petroleum coke, not calcined were United States ($3.34B), Saudi Arabia ($447M), Spain ($314M), China ($251M), and Canada ($147M).

In 2018, the top importers of Petroleum coke, not calcined were China ($1.08B), India ($724M), Japan ($572M), Turkey ($412M), and Mexico ($370M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $542M

Top Destination Growth (2017 - 2018): China, $397M

Between 2017 and 2018, the exports of Petroleum coke, not calcined grew the fastest in United States ($542M), Spain ($85M), China ($78.7M), Belgium-Luxembourg ($66.7M), and Kuwait ($50.2M).

Between 2017 and 2018, the fastest growing importers of Petroleum coke, not calcined were China ($397M), Japan ($102M), Mexico ($99.7M), Bahrain ($91M), and Turkey ($83.2M).

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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 Petroleum coke, not calcined.

In 2018,  market concentration measured using Shannon Entropy, was 2.97. This means that most of the exports of Petroleum coke, not calcined are explained by 7 countries.

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TOP NET EXPORTER (2018): United States, $3.16B

TOP NET IMPORTER (2018): China, $831M

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

In 2018, the countries that had a largest trade value in exports than in imports of Petroleum coke, not calcined were United States ($3.16B), Saudi Arabia ($447M), Spain ($226M), Russia ($112M), and Chinese Taipei ($96.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Petroleum coke, not calcined were China ($831M), India ($634M), Japan ($569M), Turkey ($380M), and Mexico ($368M).

Trade Forecasts

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This section shows forecasts for total trade for Petroleum coke, not calcined. 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 Petroleum coke, not calcined was 2.71%.  The countries with the highest tariffs for importing Petroleum coke, not calcined were Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Angola (10%).

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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.