Carbon and graphite furnace electrodes854511 (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).
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).
Trade by country
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).
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.
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).
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%).
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.
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