HS Icon Carbon-based Electronics

8545 (Harmonized System 1992 for 4-digit)

World Trade (2019): $8.78B, Rnk 353 / 1217

Top Exporter (2019): $2.45B, China

Top Importer (2019): $668M, United States

Product Complexity (2019): 0.69, Rnk 268 / 961

Export Growth (CAGR)(2018 - 2019): -23.3%, Rnk 1168 / 1217

Mean Tariff (2018): 6.17%, Rnk 683 / 1259

Share of World Trade (2019): 0.048%, Rnk 353 / 1217

Overview:  This page contains the latest trade data of Carbon-based Electronics. In 2019, Carbon-based Electronics were the world's 353rd most traded product, with a total trade of $8.78B. Between 2018 and 2019 the exports of Carbon-based Electronics decreased by -23.3%, from  $11.4B to $8.78B. Trade in Carbon-based Electronics represent 0.048% of total world trade.

Exports: In 2019 the top exporters of Carbon-based Electronics  were China ($2.45B), Japan ($904M), Spain ($734M), France ($659M), and India ($562M).

Imports: In 2019 the top importers of Carbon-based Electronics were United States ($668M), South Korea ($571M), Russia ($509M), Canada ($430M), and Turkey ($421M).

Tariffs: In 2018 the average tariff for Carbon-based Electronics was 6.17%, making it the 683rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Carbon-based Electronics are Bahamas (40.2%), Ethiopia (27.2%), Maldives (25.4%), Bermuda (25%), and Samoa (20%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Carbon-based Electronics ranks 268th in the Product Complexity Index (PCI).

Description: Carbon electrodes are used in the production of other goods. They can be made from a variety of materials, including graphite and other carbon.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $2.45B

Top Destination (2019): United States, $668M

Carbon-based Electronics are the world's 353rd most traded product.

In 2019, the top exporters of Carbon-based Electronics were China ($2.45B), Japan ($904M), Spain ($734M), France ($659M), and India ($562M).

In 2019, the top importers of Carbon-based Electronics were United States ($668M), South Korea ($571M), Russia ($509M), Canada ($430M), and Turkey ($421M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): France, $143M

Top Destination Growth (2018 - 2019): United Arab Emirates, $39M

Between 2018 and 2019, the exports of Carbon-based Electronics grew the fastest in France ($143M), Lithuania ($47.8M), Italy ($39.1M), Poland ($37.9M), and Netherlands ($17.9M).

Between 2018 and 2019, the fastest growing importers of Carbon-based Electronics were United Arab Emirates ($39M), Turkmenistan ($35.3M), New Caledonia ($31.9M), Malaysia ($27.9M), and South Korea ($26.3M).

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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-based Electronics.

In 2019,  market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Carbon-based Electronics are explained by 14 countries.

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TOP NET EXPORTER (2019): China, $2.32B

TOP NET IMPORTER (2019): South Korea, $520M

This map shows which countries export or import more of Carbon-based Electronics. Each country is colored based on the difference in exports and imports of Carbon-based Electronics during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Carbon-based Electronics were China ($2.32B), Japan ($773M), Spain ($586M), France ($503M), and India ($330M).

In 2019, the countries that had a largest trade value in imports than in exports of Carbon-based Electronics were South Korea ($520M), Canada ($413M), Turkey ($410M), Iceland ($346M), and United States ($317M).

Disaggregation

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Value

In 2019, the world most traded Carbon-based Electronics, disaggragated by their HS6 level were Carbon and graphite furnace electrodes ($5.81B), Carbon and graphite electrodes, except for... ($1.64B), Carbon and graphite brushes ($689M), and Battery carbons and carbon electrical... ($633M)

Import Tariffs

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In 2018, the average tariff for importing Carbon-based Electronics was 6.17%.  The countries with the highest tariffs for importing Carbon-based Electronics were Bahamas (40.2%), Ethiopia (27.2%), Maldives (25.4%), Bermuda (25%), and Samoa (20%).

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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.