HS Icon Pitch Coke

2708 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.1B, Rnk 725 / 1225

Top Exporter (2018): $625M, China

Top Importer (2018): $214M, China

Product Complexity (2018): -0.52, Rnk 705 / 1018

Export Growth (CAGR)(2017 - 2018): 114%, Rnk 12 / 1225

Mean Tariff (2018): 2.96%, Rnk 1142 / 1259

Share of World Trade (2018): 0.011%, Rnk 725 / 1225

Overview:  This page contains the latest trade data of Pitch Coke. In 2018, Pitch Coke were the world's 725th most traded product, with a total trade of $2.1B. Between 2017 and 2018 the exports of Pitch Coke grew by 114%, from  $980M to $2.1B. Trade in Pitch Coke represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Pitch Coke  were China ($625M), South Korea ($234M), Belgium-Luxembourg ($194M), Germany ($148M), and Japan ($145M).

Imports: In 2018 the top importers of Pitch Coke were China ($214M), United Arab Emirates ($171M), Bahrain ($161M), Qatar ($146M), and Canada ($129M).

Tariffs: In 2018 the average tariff for Pitch Coke was 2.96%, been the 1142 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 705th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $625M

Top Destination (2018): China, $214M

Pitch Coke are the world's 725th most traded product.

In 2018, the top exporters of Pitch Coke were China ($625M), South Korea ($234M), Belgium-Luxembourg ($194M), Germany ($148M), and Japan ($145M).

In 2018, the top importers of Pitch Coke were China ($214M), United Arab Emirates ($171M), Bahrain ($161M), Qatar ($146M), and Canada ($129M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $286M

Top Destination Growth (2017 - 2018): Bahrain, $133M

Between 2017 and 2018, the exports of Pitch Coke grew the fastest in China ($286M), South Korea ($163M), Belgium-Luxembourg ($144M), Iran ($107M), and Germany ($99.5M).

Between 2017 and 2018, the fastest growing importers of Pitch Coke were Bahrain ($133M), China ($128M), Qatar ($118M), United Arab Emirates ($116M), and Canada ($106M).

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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 Pitch Coke.

In 2018,  market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Pitch Coke are explained by 12 countries.

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TOP NET EXPORTER (2018): China, $411M

TOP NET IMPORTER (2018): United Arab Emirates, $169M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Pitch Coke were China ($411M), South Korea ($223M), Germany ($137M), Japan ($129M), and Belgium-Luxembourg ($125M).

In 2018, the countries that had a largest trade value in imports than in exports of Pitch Coke were United Arab Emirates ($169M), Bahrain ($161M), Qatar ($146M), Norway ($110M), and Russia ($101M).

Trade Forecasts

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This section shows forecasts for total trade for Pitch 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 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%).

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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.