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2022
Exports $9BWorld Rnk 1 / 138
Flag Rnk 33 / 1217
2022
Destination $713M China
2021 - 2022
FASTEST GROWING MARKET $713MChina
2022
PRODUCT COMPLEXITY IN Petroleum Coke-0.75Rnk 769 / 1025
2022
Imports $3.44BWorld Rnk 3 / 200
Flag Rnk 166 / 1216
2022
Origin $1.38B Canada
2021 - 2022
FASTEST GROWING ORIGIN $1.38BCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $9B in Petroleum Coke, making it the 1st largest exporter of Petroleum Coke in the world. At the same year, Petroleum Coke was the 33rd most exported product in United States. The main destination of Petroleum Coke exports from United States are: China ($1.52B), Japan ($810M), India ($800M), Brazil ($724M), and Mexico ($672M).

The fastest growing export markets for Petroleum Coke of United States between 2021 and 2022 were China ($713M), India ($539M), and Brazil ($292M).

Imports In 2022, United States imported $3.44B in Petroleum Coke, becoming the 3rd largest importer of Petroleum Coke in the world. At the same year, Petroleum Coke was the 166th most imported product in United States. United States imports Petroleum Coke primarily from: Canada ($2.69B), Brazil ($172M), Colombia ($117M), Argentina ($111M), and Turkey ($72.9M).

The fastest growing import markets in Petroleum Coke for United States between 2021 and 2022 were Canada ($1.38B), Colombia ($74.7M), and Brazil ($62.5M).

COMPANIES In 2023, leading companies such as Hankook Tires (5) and Continental Tire (1) were at the forefront of shipping Petroleum Coke to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Petroleum Coke exports accounted up to $499M and imports accounted up to $254M, resulting in a positive trade balance of $246M. Between August 2023 and August 2024 the exports of United States'   Petroleum Coke have increased by $63M (14.4%) from $436M to $499M, while imports decreased by $-12.8M (-4.8%) from $266M to $254M.

Destinations In August 2024, Petroleum Coke were exported mostly to Japan ($57.6M), India ($57.1M), Brazil ($50.2M), United Kingdom ($48.8M), and Spain ($43.2M), and were imported mostly from Canada ($228M), Argentina ($6.96M), Colombia ($4.55M), Kuwait ($4.4M), and Spain ($3.11M).

Growth In August 2024, the increase in Petroleum Coke's year-by-year exports was explained primarily by an increase in exports to India ($65.6M or 1.38k%), Canada ($52M or 276%), and China ($42.5M or 61.4%). In August 2024, the decrease in Petroleum Coke's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-11.5M or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$63M(14.4%)
IMPORT GROWTH (August 2023 - August 2024)$-12.8M(-4.8%)
MAIN EXPORTER (August 2024)Louisiana$171M
MAIN DESTINATION (August 2024)Japan$57.6M

This section shows Petroleum Coke's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Coke over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9B
IMPORTS (2022)$3.44B
NET TRADE (2022)$5.56B

In 2022, United States exported $9B in Petroleum Coke. The main destinations of United States exports on Petroleum Coke were China ($1.52B), Japan ($810M), India ($800M), Brazil ($724M), and Mexico ($672M).

In 2022, United States imported $3.44B in Petroleum Coke, mainly from Canada ($2.69B), Brazil ($172M), Colombia ($117M), Argentina ($111M), and Turkey ($72.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Coke EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$713M (88.5%)
India$539M (207%)
Brazil$292M (67.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Coke BY United States WERE (2021 - 2022):
Qatar-$24.9M (-48.2%)
Austria-$19.9M (-99.9%)
Belgium-$15.1M (-21%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Petroleum Coke were:
Canada $3.01B
China $1.71B
In 2022, United States's main importing competitors in Petroleum Coke were:
China $5.34B
India $3.67B

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Trade Value of Petroleum Coke by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $189M
TOP IMPORT POTENTIALCanada+ $123M

Petroleum Coke’s highest export potential is India. With an export gap of $189M.   Petroleum Coke’s highest import potential is Canada with an import gap of $123M.

See methodology.

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