HS Icon Petroleum coke, not calcined

271311 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $4.5B, Rnk 685 / 4648

2019
Top Exporter | Top Importer
: $2.4B | $838M, United States | India

2019
Product Complexity
: -1.42, Rnk 4342 / 4826

2018 - 2019
Export Growth (CAGR)
: -25.7%, Rnk 4380 / 4648

2018
Mean Tariff
: 2.71%, Rnk 5874 / 6538

 2019
Share of World Trade
: 0.025%, Rnk 685 / 4648

Overview:  This page contains the latest trade data of Petroleum coke, not calcined. In 2019, Petroleum coke, not calcined were the world's 685th most traded product, with a total trade of $4.5B. Between 2018 and 2019 the exports of Petroleum coke, not calcined decreased by -25.7%, from  $6.06B to $4.5B. Trade in Petroleum coke, not calcined represent 0.025% of total world trade.

Exports: In 2019 the top exporters of Petroleum coke, not calcined  were United States ($2.4B), Saudi Arabia ($378M), Spain ($240M), Netherlands ($149M), and China ($139M).

Imports: In 2019 the top importers of Petroleum coke, not calcined were India ($838M), China ($751M), Japan ($463M), Mexico ($201M), and Turkey ($181M).

Tariffs: In 2018 the average tariff for Petroleum coke, not calcined was 2.71%, making it the 5874th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Petroleum coke, not calcined are Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Angola (10%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Petroleum coke, not calcined ranks 4342nd in the Product Complexity Index (PCI).

Description: Petroleum coke is a byproduct of tar processing, and it is used as an energy source, steel making, and for its high heat-absorbing properties.

Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $2.4B

Top Destination (2019): India, $838M

Petroleum coke, not calcined are the world's 685th most traded product.

In 2019, the top exporters of Petroleum coke, not calcined were United States ($2.4B), Saudi Arabia ($378M), Spain ($240M), Netherlands ($149M), and China ($139M).

In 2019, the top importers of Petroleum coke, not calcined were India ($838M), China ($751M), Japan ($463M), Mexico ($201M), and Turkey ($181M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $84.2M

Top Destination Growth (2018 - 2019): India, $119M

Between 2018 and 2019, the exports of Petroleum coke, not calcined grew the fastest in Netherlands ($84.2M), United Kingdom ($53M), Belgium ($43.3M), Japan ($13.7M), and Hong Kong ($13M).

Between 2018 and 2019, the fastest growing importers of Petroleum coke, not calcined were India ($119M), Poland ($15.5M), Namibia ($11.8M), Belgium ($9.08M), and Switzerland ($8.22M).

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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, not calcined.

In 2019,  market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Petroleum coke, not calcined are explained by 8 countries.

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TOP NET EXPORTER (2019): United States, $2.32B

TOP NET IMPORTER (2019): India, $793M

This map shows which countries export or import more of Petroleum coke, not calcined. Each country is colored based on the difference in exports and imports of Petroleum coke, not calcined during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Petroleum coke, not calcined were United States ($2.32B), Saudi Arabia ($378M), Spain ($194M), United Kingdom ($93.1M), and Russia ($74.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Petroleum coke, not calcined were India ($793M), China ($611M), Japan ($446M), Mexico ($200M), and Turkey ($173M).

Import Tariffs

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In 2018, the average tariff for importing Petroleum coke, not calcined was 2.71%.  The countries with the highest tariffs for importing Petroleum coke, not calcined were Turkmenistan (30%), Bermuda (25%), Sri Lanka (14.7%), Azerbaijan (14.4%), and Angola (10%).

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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.