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Carbon; carbon blacks and other forms of carbon n.e.c.

2803 (Harmonized System 1992 for 4-digit)

2022
World Trade $7.61BRnk 448 / 1218
2022
Top Exporter | Top Importer $1.45B | $714MChina | Poland
2022
Product Complexity 0.12Rnk 518 / 1033
2021 - 2022
Export Growth (CAGR) 35.8%Rnk 64 / 1218
2022
Share of World Trade 0.032%Rnk 448 / 1218

About

Overview This page contains the latest trade data of Carbon. In 2022, Carbon were the world's 448th most traded product, with a total trade of $7.61B. Between 2021 and 2022 the exports of Carbon grew by 35.8%, from $5.6B to $7.61B. Trade in Carbon represent 0.032% of total world trade.

Carbon are a part of Inorganic chemicals. They include Carbon (carbon blacks and other forms of carbon, nes).

Exports In 2022 the top exporters of Carbon  were China ($1.45B), Russia ($961M), Germany ($527M), Poland ($455M), and South Korea ($425M).

Imports In 2022 the top importers of Carbon were Poland ($714M), Germany ($546M), Thailand ($531M), United States ($449M), and Turkey ($443M).

Ranking Carbon ranks 518th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carbon. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$1.45B
Top Destination (2022)Poland$714M

In 2022 Carbon were the world's 448th most traded product (out of 1,218).

In 2022, the top exporters of Carbon were China ($1.45B), Russia ($961M), Germany ($527M), Poland ($455M), and South Korea ($425M).

In 2022, the top importers of Carbon were Poland ($714M), Germany ($546M), Thailand ($531M), United States ($449M), and Turkey ($443M).

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Exporters of Carbon (2022)
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Importers of Carbon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$510M
Top Destination Growth (2021 -  2022)Poland$400M

Between 2021 and 2022, the exports of Carbon grew the fastest in China ($510M), Russia ($260M), Poland ($192M), Germany ($130M), and India ($124M).

Between 2021 and 2022, the fastest growing importers of Carbon were Poland ($400M), Germany ($197M), Turkey ($144M), United States ($129M), and Vietnam ($119M).

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Exporters of Carbon (2021 - 2022)

Importers of Carbon (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carbon.

In 2022, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Carbon are explained by 20 countries.

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Value of Exports in Carbon

Net Trade

TOP NET EXPORTER (2022)China$1.11B
TOP NET IMPORTER (2022)Vietnam$415M

This map shows which countries export or import more of Carbon. Each country is colored based on the difference in exports and imports of Carbon during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carbon were China ($1.11B), Russia ($955M), South Korea ($331M), Egypt ($219M), and India ($158M).

In 2022, the countries that had a largest trade value in imports than in exports of Carbon were Vietnam ($415M), Turkey ($407M), Thailand ($345M), Indonesia ($331M), and Poland ($259M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Carbon.
It is possible to select the main countries that export or import Carbon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carbon by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $30.9M
TOP IMPORT POTENTIALRussia+ $22.7M

Carbon’s highest export potential is India. With an export gap of $30.9M.  Carbon’s highest import potential is Russia with an import gap of $22.7M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Carbon.

Country by Relatedness

The following visualization shows the relatedness of Carbon to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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