HS Icon Pitch coke

270820 (Harmonized System 1992 for 6-digit)

World Trade (2018): $487M, Rnk 2815 / 4726

Top Exporter (2018): $156M, South Korea

Top Importer (2018): $202M, China

Product Complexity (2018): -0.65, Rnk 3566 / 4873

Export Growth (CAGR)(2017 - 2018): 167%, Rnk 38 / 4726

Mean Tariff (2018): 2.67%, Rnk 5886 / 6538

Share of World Trade (2018): 0.0027%, Rnk 2815 / 4726

Overview:  This page contains the latest trade data of Pitch coke. In 2018, Pitch coke were the world's 2815th most traded product, with a total trade of $487M. Between 2017 and 2018 the exports of Pitch coke grew by 167%, from  $183M to $487M. Trade in Pitch coke represent 0.0027% of total world trade.

Exports: In 2018 the top exporters of Pitch coke  were South Korea ($156M), Japan ($136M), China ($101M), South Africa ($20.1M), and Germany ($17.2M).

Imports: In 2018 the top importers of Pitch coke were China ($202M), Bahrain ($76.8M), Netherlands ($27.3M), India ($23.5M), and Russia ($19.7M).

Tariffs: In 2018 the average tariff for Pitch coke was 2.67%, been the 5886 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Pitch coke are Bermuda (25%), Nepal (14.8%), Algeria (13.3%), Panama (10%), and Bangladesh (9.84%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking: Pitch coke ranks 3566th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): South Korea, $156M

Top Destination (2018): China, $202M

Pitch coke are the world's 2815th most traded product.

In 2018, the top exporters of Pitch coke were South Korea ($156M), Japan ($136M), China ($101M), South Africa ($20.1M), and Germany ($17.2M).

In 2018, the top importers of Pitch coke were China ($202M), Bahrain ($76.8M), Netherlands ($27.3M), India ($23.5M), and Russia ($19.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): South Korea, $101M

Top Destination Growth (2017 - 2018): China, $123M

Between 2017 and 2018, the exports of Pitch coke grew the fastest in South Korea ($101M), China ($86.7M), Japan ($84M), United States ($9.99M), and Germany ($8.21M).

Between 2017 and 2018, the fastest growing importers of Pitch coke were China ($123M), Bahrain ($76.8M), Russia ($18.9M), Malaysia ($17.2M), and India ($15.9M).

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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 2.6. This means that most of the exports of Pitch coke are explained by 6 countries.

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TOP NET EXPORTER (2018): South Korea, $149M

TOP NET IMPORTER (2018): China, $101M

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 South Korea ($149M), Japan ($132M), South Africa ($20.1M), Germany ($10M), and Ukraine ($9.88M).

In 2018, the countries that had a largest trade value in imports than in exports of Pitch coke were China ($101M), India ($22.5M), Russia ($19.6M), Malaysia ($18.5M), and Netherlands ($14.3M).

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 2.67%.  The countries with the highest tariffs for importing Pitch coke were Bermuda (25%), Nepal (14.8%), Algeria (13.3%), Panama (10%), and Bangladesh (9.84%).

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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.