HS Icon Coal briquettes, ovoids, similar made solid fuels

270120 (Harmonized System 1992 for 6-digit)

World Trade (2018): $104M, Rnk 4087 / 4726

Top Exporter (2018): $22.4M, China

Top Importer (2018): $16.6M, Japan

Product Complexity (2018): -0.23, Rnk 2987 / 4873

Export Growth (CAGR)(2017 - 2018): 4.74%, Rnk 3363 / 4726

Mean Tariff (2018): 2.24%, Rnk 6105 / 6538

Share of World Trade (2018): 0.00056%, Rnk 4087 / 4726

Overview:  This page contains the latest trade data of Coal briquettes, ovoids, similar made solid fuels. In 2018, Coal briquettes, ovoids, similar made solid fuels were the world's 4087th most traded product, with a total trade of $104M. Between 2017 and 2018 the exports of Coal briquettes, ovoids, similar made solid fuels grew by 4.74%, from  $98.9M to $104M. Trade in Coal briquettes, ovoids, similar made solid fuels represent 0.00056% of total world trade.

Exports: In 2018 the top exporters of Coal briquettes, ovoids, similar made solid fuels  were China ($22.4M), Netherlands ($21.7M), South Africa ($20M), United Kingdom ($10.7M), and Russia ($10.5M).

Imports: In 2018 the top importers of Coal briquettes, ovoids, similar made solid fuels were Japan ($16.6M), Ireland ($13.2M), Mozambique ($12.4M), Germany ($10.6M), and Sweden ($8.21M).

Tariffs: In 2018 the average tariff for Coal briquettes, ovoids, similar made solid fuels was 2.24%, been the 6105 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Coal briquettes, ovoids, similar made solid fuels are Bermuda (25%), Zambia (13.6%), Panama (10%), Cameroon (9.81%), and Gabon (9.81%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Coal briquettes, ovoids, similar made solid fuels ranks 2987th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $22.4M

Top Destination (2018): Japan, $16.6M

Coal briquettes, ovoids, similar made solid fuels are the world's 4087th most traded product.

In 2018, the top exporters of Coal briquettes, ovoids, similar made solid fuels were China ($22.4M), Netherlands ($21.7M), South Africa ($20M), United Kingdom ($10.7M), and Russia ($10.5M).

In 2018, the top importers of Coal briquettes, ovoids, similar made solid fuels were Japan ($16.6M), Ireland ($13.2M), Mozambique ($12.4M), Germany ($10.6M), and Sweden ($8.21M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): South Africa, $8.53M

Top Destination Growth (2017 - 2018): Sweden, $7.65M

Between 2017 and 2018, the exports of Coal briquettes, ovoids, similar made solid fuels grew the fastest in South Africa ($8.53M), Russia ($6.82M), China ($2.15M), Indonesia ($1.87M), and United States ($1.67M).

Between 2017 and 2018, the fastest growing importers of Coal briquettes, ovoids, similar made solid fuels were Sweden ($7.65M), Jordan ($6.01M), Saudi Arabia ($4.44M), Denmark ($3.76M), and Ireland ($2.69M).

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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, ovoids, similar made solid fuels.

In 2018,  market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Coal briquettes, ovoids, similar made solid fuels are explained by 9 countries.

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TOP NET EXPORTER (2018): China, $22.2M

TOP NET IMPORTER (2018): Japan, $16.3M

This map shows which countries export or import more of Coal briquettes, ovoids, similar made solid fuels. Each country is colored based on the difference in exports and imports of Coal briquettes, ovoids, similar made solid fuels during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Coal briquettes, ovoids, similar made solid fuels were China ($22.2M), South Africa ($19.8M), Netherlands ($19.3M), Russia ($10.5M), and United Kingdom ($6.46M).

In 2018, the countries that had a largest trade value in imports than in exports of Coal briquettes, ovoids, similar made solid fuels were Japan ($16.3M), Mozambique ($12.4M), Ireland ($11.7M), Sweden ($8.01M), and Germany ($6.87M).

Trade Forecasts

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This section shows forecasts for total trade for Coal briquettes, ovoids, similar made solid fuels. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Coal briquettes, ovoids, similar made solid fuels was 2.24%.  The countries with the highest tariffs for importing Coal briquettes, ovoids, similar made solid fuels were Bermuda (25%), Zambia (13.6%), Panama (10%), Cameroon (9.81%), and Gabon (9.81%).

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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.