HS Icon Petroleum coke, calcined

271312 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.93B, Rnk 635 / 4726

Top Exporter (2018): $1.9B, United States

Top Importer (2018): $424M, India

Product Complexity (2018): -0.53, Rnk 3430 / 4873

Export Growth (CAGR)(2017 - 2018): 101%, Rnk 90 / 4726

Mean Tariff (2018): 2.93%, Rnk 5758 / 6538

Share of World Trade (2018): 0.027%, Rnk 635 / 4726

Overview:  This page contains the latest trade data of Petroleum coke, calcined. In 2018, Petroleum coke, calcined were the world's 635th most traded product, with a total trade of $4.93B. Between 2017 and 2018 the exports of Petroleum coke, calcined grew by 101%, from  $2.46B to $4.93B. Trade in Petroleum coke, calcined represent 0.027% of total world trade.

Exports: In 2018 the top exporters of Petroleum coke, calcined  were United States ($1.9B), China ($832M), United Kingdom ($613M), Japan ($180M), and Germany ($178M).

Imports: In 2018 the top importers of Petroleum coke, calcined were India ($424M), United Arab Emirates ($399M), Spain ($394M), Netherlands ($351M), and China ($302M).

Tariffs: In 2018 the average tariff for Petroleum coke, calcined was 2.93%, been the 5758 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Petroleum coke, calcined are Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Panama (10%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Petroleum coke, calcined ranks 3430th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.9B

Top Destination (2018): India, $424M

Petroleum coke, calcined are the world's 635th most traded product.

In 2018, the top exporters of Petroleum coke, calcined were United States ($1.9B), China ($832M), United Kingdom ($613M), Japan ($180M), and Germany ($178M).

In 2018, the top importers of Petroleum coke, calcined were India ($424M), United Arab Emirates ($399M), Spain ($394M), Netherlands ($351M), and China ($302M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $1.08B

Top Destination Growth (2017 - 2018): Spain, $282M

Between 2017 and 2018, the exports of Petroleum coke, calcined grew the fastest in United States ($1.08B), United Kingdom ($404M), China ($326M), Kuwait ($124M), and Japan ($98.1M).

Between 2017 and 2018, the fastest growing importers of Petroleum coke, calcined were Spain ($282M), China ($211M), United Arab Emirates ($190M), Netherlands ($170M), and Canada ($170M).

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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, calcined.

In 2018,  market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Petroleum coke, calcined are explained by 9 countries.

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TOP NET EXPORTER (2018): United States, $1.79B

TOP NET IMPORTER (2018): United Arab Emirates, $397M

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

In 2018, the countries that had a largest trade value in exports than in imports of Petroleum coke, calcined were United States ($1.79B), United Kingdom ($571M), China ($529M), Kuwait ($149M), and Japan ($128M).

In 2018, the countries that had a largest trade value in imports than in exports of Petroleum coke, calcined were United Arab Emirates ($397M), Spain ($357M), India ($283M), Netherlands ($216M), and Canada ($195M).

Trade Forecasts

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This section shows forecasts for total trade for Petroleum coke, 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, calcined was 2.93%.  The countries with the highest tariffs for importing Petroleum coke, calcined were Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Panama (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.