HS Icon Pitch Coke

2708 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Pitch Coke. In 2019, Pitch Coke were the world's 791st most traded product, with a total trade of $1.62B. Between 2018 and 2019 the exports of Pitch Coke decreased by -21.4%, from $2.06B to $1.62B. Trade in Pitch Coke represent 0.009% of total world trade.

Exports In 2019 the top exporters of Pitch Coke  were China ($357M), Belgium ($191M), South Korea ($170M), Japan ($129M), and Germany ($128M).

Imports In 2019 the top importers of Pitch Coke were Qatar ($154M), China ($153M), United Arab Emirates ($128M), United States ($115M), and Canada ($97.2M).

Tariffs In 2018 the average tariff for Pitch Coke was 2.96%, making it the 1142nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Pitch Coke are Bermuda (25%), Nepal (14.8%), Algeria (13.3%), Panama (10%), and Jamaica (10%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking Pitch Coke ranks 575th in the Product Complexity Index (PCI).

Description Pitch is a black or brownish solid material obtained from coal tar or other mineral tars. Pitch is used in the production of asphalt, roofing materials, and sealants. Pitch coke is a byproduct of the process of manufacturing coke. Pitch coke is used in the production of steel.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $357M

Top Destination (2019): Qatar, $154M

Pitch Coke are the world's 791st most traded product.

In 2019, the top exporters of Pitch Coke were China ($357M), Belgium ($191M), South Korea ($170M), Japan ($129M), and Germany ($128M).

In 2019, the top importers of Pitch Coke were Qatar ($154M), China ($153M), United Arab Emirates ($128M), United States ($115M), and Canada ($97.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Greece, $31.4M

Top Destination Growth (2018 - 2019): United States, $15.1M

Between 2018 and 2019, the exports of Pitch Coke grew the fastest in Greece ($31.4M), Spain ($17.6M), Turkey ($15.1M), Malaysia ($13.5M), and Netherlands ($12.4M).

Between 2018 and 2019, the fastest growing importers of Pitch Coke were United States ($15.1M), Qatar ($12.2M), Mozambique ($6.93M), Spain ($5.92M), and Turkey ($5.15M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Pitch Coke.

In 2019,  market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Pitch Coke are explained by 14 countries.

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TOP NET EXPORTER (2019): China, $204M

TOP NET IMPORTER (2019): United Arab Emirates, $125M

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

In 2019, the countries that had a largest trade value in exports than in imports of Pitch Coke were China ($204M), South Korea ($158M), Belgium ($125M), Germany ($119M), and Japan ($114M).

In 2019, the countries that had a largest trade value in imports than in exports of Pitch Coke were United Arab Emirates ($125M), Norway ($87.5M), United States ($79.2M), Russia ($75.1M), and Bahrain ($74.6M).

Disaggregation

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Value

In 2019, the world most traded Pitch Coke, disaggragated by their HS6 level were Pitch ($1.31B) and Pitch coke ($310M)

Import Tariffs

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In 2018, the average tariff for importing Pitch Coke was 2.96%. The countries with the highest tariffs for importing Pitch Coke were Bermuda (25%), Nepal (14.8%), Algeria (13.3%), Panama (10%), and Jamaica (10%).

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 Pitch Coke to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.