HS Icon Petroleum Coke

2713 (Harmonized System 1992 for 4-digit)

World Trade (2018): $22.2B, Rnk 169 / 1225

Top Exporter (2018): $5.77B, United States

Top Importer (2018): $3.04B, China

Product Complexity (2018): -0.69, Rnk 744 / 1018

Export Growth (CAGR)(2017 - 2018): 36%, Rnk 127 / 1225

Mean Tariff (2018): 3.88%, Rnk 1025 / 1259

Share of World Trade (2018): 0.12%, Rnk 169 / 1225

Overview:  This page contains the latest trade data of Petroleum Coke. In 2018, Petroleum Coke were the world's 169th most traded product, with a total trade of $22.2B. Between 2017 and 2018 the exports of Petroleum Coke grew by 36%, from  $16.3B to $22.2B. Trade in Petroleum Coke represent 0.12% of total world trade.

Exports: In 2018 the top exporters of Petroleum Coke  were United States ($5.77B), South Korea ($1.43B), China ($1.37B), Spain ($1.19B), and Canada ($1.14B).

Imports: In 2018 the top importers of Petroleum Coke were China ($3.04B), United States ($1.62B), India ($1.48B), Japan ($807M), and France ($797M).

Tariffs: In 2018 the average tariff for Petroleum Coke was 3.88%, been the 1025 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Petroleum Coke are Bermuda (25%), Trinidad and Tobago (18.9%), Turkmenistan (18%), Barbados (15.4%), and Belize (15.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Philippines (0%), and Singapore (0%).

Ranking: Petroleum Coke ranks 744th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $5.77B

Top Destination (2018): China, $3.04B

Petroleum Coke are the world's 169th most traded product.

In 2018, the top exporters of Petroleum Coke were United States ($5.77B), South Korea ($1.43B), China ($1.37B), Spain ($1.19B), and Canada ($1.14B).

In 2018, the top importers of Petroleum Coke were China ($3.04B), United States ($1.62B), India ($1.48B), Japan ($807M), and France ($797M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $1.81B

Top Destination Growth (2017 - 2018): China, $813M

Between 2017 and 2018, the exports of Petroleum Coke grew the fastest in United States ($1.81B), China ($565M), United Kingdom ($447M), Canada ($278M), and Spain ($261M).

Between 2017 and 2018, the fastest growing importers of Petroleum Coke were China ($813M), United States ($492M), Spain ($358M), United Arab Emirates ($347M), and France ($306M).

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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 Petroleum Coke.

In 2018,  market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Petroleum Coke are explained by 23 countries.

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TOP NET EXPORTER (2018): United States, $4.15B

TOP NET IMPORTER (2018): China, $1.66B

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

In 2018, the countries that had a largest trade value in exports than in imports of Petroleum Coke were United States ($4.15B), South Korea ($1.28B), Singapore ($930M), Canada ($675M), and Spain ($593M).

In 2018, the countries that had a largest trade value in imports than in exports of Petroleum Coke were China ($1.66B), India ($1.17B), Mexico ($734M), Australia ($692M), and Japan ($572M).

Trade Forecasts

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This section shows forecasts for total trade for Petroleum Coke. 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 Petroleum Coke was 3.88%.  The countries with the highest tariffs for importing Petroleum Coke were Bermuda (25%), Trinidad and Tobago (18.9%), Turkmenistan (18%), Barbados (15.4%), and Belize (15.3%).

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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.