HS Icon Pitch Coke

2708 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.62B, Rnk 791 / 1217

2019
Top Exporter | Top Importer
: $357M | $154M, China | Qatar

2019
Product Complexity
: -0.17, Rnk 575 / 961

2018 - 2019
Export Growth (CAGR)
: -21.4%, Rnk 1159 / 1217

2018
Mean Tariff
: 2.96%, Rnk 1142 / 1259

 2019
Share of World Trade
: 0.009%, Rnk 791 / 1217

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.

Exporters and Importers

#permalink to section

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).

Explore Visualizations

Market Dynamics

#permalink to section

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).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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.

Explore Visualizations

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

#permalink to section
Value

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

Import Tariffs

#permalink to section

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%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.