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2023
Exports $7.22BWorld Rnk 1 / 139
Flag Rnk 42 / 1217
2023
Destination $84.7M China
2022 - 2023
FASTEST GROWING MARKET $84.7MIndia
2023
PRODUCT COMPLEXITY IN Petroleum Coke-0.71Rnk 760 / 1025
2023
Imports $2.82BWorld Rnk 3 / 202
Flag Rnk 179 / 1215
2023
Origin $28.3M Canada
2022 - 2023
FASTEST GROWING ORIGIN $28.3MGreece
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $7.22B in Petroleum Coke, making it the 1st largest exporter of Petroleum Coke in the world. At the same year, Petroleum Coke was the 42nd most exported product in United States. The main destination of Petroleum Coke exports from United States are: China ($1.04B), India ($1.01B), Japan ($618M), Brazil ($570M), and Canada ($511M).

The fastest growing export markets for Petroleum Coke of United States between 2022 and 2023 were India ($84.7M), United Arab Emirates ($46M), and Oman ($31.6M).

Imports In 2023, United States imported $2.82B in Petroleum Coke, becoming the 3rd largest importer of Petroleum Coke in the world. At the same year, Petroleum Coke was the 179th most imported product in United States. United States imports Petroleum Coke primarily from: Canada ($2.19B), Colombia ($140M), Argentina ($91M), Greece ($85.6M), and Brazil ($85M).

The fastest growing import markets in Petroleum Coke for United States between 2022 and 2023 were Greece ($28.3M), Colombia ($26.9M), and Poland ($13.4M).

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

November 2024

About

Overview In November 2024 United States' Petroleum Coke exports accounted up to $355M and imports accounted up to $176M, resulting in a positive trade balance of $179M. Between November 2023 and November 2024 the exports of United States'   Petroleum Coke have increased by $7.78M (2.24%) from $347M to $355M, while imports decreased by $-5.18M (-2.86%) from $181M to $176M.

Destinations In November 2024, Petroleum Coke were exported mostly to India ($82.9M), Mexico ($30.5M), China ($30.4M), Brazil ($29.6M), and Japan ($20.8M), and were imported mostly from Canada ($161M), Mexico ($5.94M), Spain ($3.89M), Venezuela ($2.49M), and Curaçao ($1.88M).

Growth In November 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 ($42.5M or 61.4%). In November 2024, the decrease in Petroleum Coke's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-11.5M or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$7.78M(2.24%)
IMPORT GROWTH (November 2023 - November 2024)$-5.18M(-2.86%)
MAIN EXPORTER (November 2024)Louisiana$171M
MAIN DESTINATION (November 2024)India$82.9M

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 (2023)$7.22B
IMPORTS (2023)$2.82B
NET TRADE (2023)$4.4B

In 2023, United States exported $7.22B in Petroleum Coke. The main destinations of United States exports on Petroleum Coke were China ($1.04B), India ($1.01B), Japan ($618M), Brazil ($570M), and Canada ($511M).

In 2023, United States imported $2.82B in Petroleum Coke, mainly from Canada ($2.19B), Colombia ($140M), Argentina ($91M), Greece ($85.6M), and Brazil ($85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Coke EXPORT MARKETS FOR United States WERE (2022 - 2023):
India$84.7M (9.14%)
United Arab Emirates$46M (60%)
Oman$31.6M (38.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Coke BY United States WERE (2022 - 2023):
China-$634M (-37.8%)
Japan-$289M (-31.9%)
Brazil-$243M (-29.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Petroleum Coke were:
Canada $2.43B
Singapore $1.7B
In 2023, United States's main importing competitors in Petroleum Coke were:
China $4.74B
India $3.68B

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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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