Bituminous coal, not agglomerated
270112 (Harmonized System 1992 for 6-digit)
Overview: This page contains the latest trade data of Bituminous coal, not agglomerated. In 2019, Bituminous coal, not agglomerated were the world's 19th most traded product, with a total trade of $94.8B. Between 2018 and 2019 the exports of Bituminous coal, not agglomerated decreased by -10.8%, from $106B to $94.8B. Trade in Bituminous coal, not agglomerated represent 0.52% of total world trade.
Exports: In 2019 the top exporters of Bituminous coal, not agglomerated were Australia ($43.2B), Russia ($13.6B), United States ($10.3B), Indonesia ($6.28B), and Canada ($5.6B).
Imports: In 2019 the top importers of Bituminous coal, not agglomerated were Japan ($19.3B), China ($15.8B), India ($11B), South Korea ($10.3B), and Chinese Taipei ($5.27B).
Tariffs: In 2018 the average tariff for Bituminous coal, not agglomerated was 1.84%, making it the 6241st 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 4210th in the Product Complexity Index (PCI).
Description: Bituminous coal is a soft coal that is used in a variety of ways. It is often used in making coke for industrial uses, like steel making. Bituminous coal can also be used as an energy source in generating electricity.
Product Trade
#permalink to sectionExporters and Importers
#permalink to sectionTrade By Country
Bituminous coal, not agglomerated are the world's 19th most traded product.
In 2019, the top exporters of Bituminous coal, not agglomerated were Australia ($43.2B), Russia ($13.6B), United States ($10.3B), Indonesia ($6.28B), and Canada ($5.6B).
In 2019, the top importers of Bituminous coal, not agglomerated were Japan ($19.3B), China ($15.8B), India ($11B), South Korea ($10.3B), and Chinese Taipei ($5.27B).
Market Dynamics
#permalink to sectionTrade by country
Top Origin Growth (2018 - 2019): Mongolia, $382M
Top Destination Growth (2018 - 2019): Vietnam, $726M
Between 2018 and 2019, the exports of Bituminous coal, not agglomerated grew the fastest in Mongolia ($382M), Belarus ($133M), Kazakhstan ($104M), China ($76.1M), and France ($29.1M).
Between 2018 and 2019, the fastest growing importers of Bituminous coal, not agglomerated were Vietnam ($726M), Croatia ($168M), Belgium ($114M), Austria ($111M), and Belarus ($86.8M).
Market Concentration
#permalink to sectionCumulative market share
This chart shows the evolution of the market concentration of exports of Bituminous coal, not agglomerated.
In 2019, market concentration measured using Shannon Entropy, was 2.65. This means that most of the exports of Bituminous coal, not agglomerated are explained by 6 countries.
Net Trade
#permalink to sectionThis 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 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Bituminous coal, not agglomerated were Australia ($43.2B), Russia ($13.6B), United States ($9.75B), Indonesia ($5.62B), and Colombia ($4.98B).
In 2019, the countries that had a largest trade value in imports than in exports of Bituminous coal, not agglomerated were Japan ($19.2B), China ($15.3B), India ($11B), South Korea ($10.3B), and Chinese Taipei ($5.27B).
Tariffs
#permalink to sectionProduct Complexity
#permalink to sectionDiversification Frontier
#permalink to sectionThe 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.
