HS Icon Carbon and graphite furnace electrodes

854511 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.44B, Rnk 377 / 4726

Top Exporter (2018): $3.09B, China

Top Importer (2018): $648M, United States

Product Complexity (2018): 0.73, Rnk 739 / 2722

Export Growth (CAGR)(2017 - 2018): 231%, Rnk 24 / 4726

Mean Tariff (2018): 3.77%, Rnk 5203 / 6538

Share of World Trade (2018): 0.046%, Rnk 377 / 4726

Overview:  This page contains the latest trade data of Carbon and graphite furnace electrodes. In 2018, Carbon and graphite furnace electrodes were the world's 377th most traded product, with a total trade of $8.44B. Between 2017 and 2018 the exports of Carbon and graphite furnace electrodes grew by 231%, from  $2.55B to $8.44B. Trade in Carbon and graphite furnace electrodes represent 0.046% of total world trade.

Exports: In 2018 the top exporters of Carbon and graphite furnace electrodes  were China ($3.09B), India ($1.02B), Spain ($916M), Japan ($742M), and Germany ($447M).

Imports: In 2018 the top importers of Carbon and graphite furnace electrodes were United States ($648M), Turkey ($531M), Italy ($492M), Russia ($488M), and South Korea ($487M).

Tariffs: In 2018 the average tariff for Carbon and graphite furnace electrodes was 3.77%, been the 5203 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Carbon and graphite furnace electrodes are Bahamas (40.2%), Bermuda (25%), Samoa (20%), Ethiopia (19.8%), and Maldives (19.6%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Carbon and graphite furnace electrodes ranks 739th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $3.09B

Top Destination (2018): United States, $648M

Carbon and graphite furnace electrodes are the world's 377th most traded product.

In 2018, the top exporters of Carbon and graphite furnace electrodes were China ($3.09B), India ($1.02B), Spain ($916M), Japan ($742M), and Germany ($447M).

In 2018, the top importers of Carbon and graphite furnace electrodes were United States ($648M), Turkey ($531M), Italy ($492M), Russia ($488M), and South Korea ($487M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $2.01B

Top Destination Growth (2017 - 2018): United States, $648M

Between 2017 and 2018, the exports of Carbon and graphite furnace electrodes grew the fastest in China ($2.01B), India ($835M), Spain ($677M), Japan ($554M), and Germany ($335M).

Between 2017 and 2018, the fastest growing importers of Carbon and graphite furnace electrodes were United States ($648M), Italy ($382M), South Korea ($342M), Turkey ($338M), and Iran ($228M).

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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 Carbon and graphite furnace electrodes.

In 2018,  market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Carbon and graphite furnace electrodes are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $3.06B

TOP NET IMPORTER (2018): Turkey, $529M

This map shows which countries export or import more of Carbon and graphite furnace electrodes. Each country is colored based on the difference in exports and imports of Carbon and graphite furnace electrodes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Carbon and graphite furnace electrodes were China ($3.06B), India ($956M), Spain ($767M), Japan ($600M), and France ($241M).

In 2018, the countries that had a largest trade value in imports than in exports of Carbon and graphite furnace electrodes were Turkey ($529M), United States ($505M), South Korea ($482M), Italy ($450M), and Canada ($252M).

Import Tariffs

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In 2018, the average tariff for importing Carbon and graphite furnace electrodes was 3.77%.  The countries with the highest tariffs for importing Carbon and graphite furnace electrodes were Bahamas (40.2%), Bermuda (25%), Samoa (20%), Ethiopia (19.8%), and Maldives (19.6%).

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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.