HS Icon Coal Briquettes

2701 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Coal Briquettes. In 2019, Coal Briquettes were the world's 18th most traded product, with a total trade of $128B. Between 2018 and 2019 the exports of Coal Briquettes decreased by -10.3%, from $143B to $128B. Trade in Coal Briquettes represent 0.71% of total world trade.

Exports: In 2019 the top exporters of Coal Briquettes  were Australia ($51.5B), Indonesia ($20.3B), Russia ($17.6B), United States ($11.5B), and Canada ($5.65B).

Imports: In 2019 the top importers of Coal Briquettes were India ($24.9B), Japan ($20.7B), China ($19B), South Korea ($11.8B), and Chinese Taipei ($6.11B).

Tariffs: In 2018 the average tariff for Coal Briquettes was 2.03%, making it the 1232nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Coal Briquettes are Bermuda (25%), Zambia (13.6%), Cameroon (9.81%), Gabon (9.81%), and Chad (9.81%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Coal Briquettes ranks 909th in the Product Complexity Index (PCI).

Description: Coal is used to heat buildings and power plants. Briquettes are used for heating homes. Ovoid coal is used in coal-fired power plants.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Australia, $51.5B

Top Destination (2019): India, $24.9B

Coal Briquettes are the world's 18th most traded product.

In 2019, the top exporters of Coal Briquettes were Australia ($51.5B), Indonesia ($20.3B), Russia ($17.6B), United States ($11.5B), and Canada ($5.65B).

In 2019, the top importers of Coal Briquettes were India ($24.9B), Japan ($20.7B), China ($19B), South Korea ($11.8B), and Chinese Taipei ($6.11B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mongolia, $287M

Top Destination Growth (2018 - 2019): Vietnam, $1.2B

Between 2018 and 2019, the exports of Coal Briquettes grew the fastest in Mongolia ($287M), Philippines ($180M), Belarus ($174M), Spain ($103M), and Germany ($72.1M).

Between 2018 and 2019, the fastest growing importers of Coal Briquettes were Vietnam ($1.2B), Croatia ($171M), Austria ($154M), Bangladesh ($137M), and Belarus ($106M).

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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 Coal Briquettes.

In 2019,  market concentration measured using Shannon Entropy, was 2.86. This means that most of the exports of Coal Briquettes are explained by 7 countries.

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TOP NET EXPORTER (2019): Australia, $51.4B

TOP NET IMPORTER (2019): India, $24.8B

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

In 2019, the countries that had a largest trade value in exports than in imports of Coal Briquettes were Australia ($51.4B), Indonesia ($19.4B), Russia ($17.3B), United States ($10.9B), and Colombia ($5.61B).

In 2019, the countries that had a largest trade value in imports than in exports of Coal Briquettes were India ($24.8B), Japan ($20.7B), China ($18B), South Korea ($11.8B), and Chinese Taipei ($6.11B).

Disaggregation

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Value

In 2019, the world most traded Coal Briquettes, disaggragated by their HS6 level were Bituminous coal, not agglomerated ($94.8B), Coal except anthracite or bituminous, not... ($28.2B), Anthracite, not agglomerated ($4.68B), and Coal briquettes, ovoids, similar made solid... ($139M)

Import Tariffs

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In 2018, the average tariff for importing Coal Briquettes was 2.03%. The countries with the highest tariffs for importing Coal Briquettes were Bermuda (25%), Zambia (13.6%), Cameroon (9.81%), Gabon (9.81%), and Chad (9.81%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Coal Briquettes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.