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Pricing

270810 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.01BRnk 1489 / 4648
2022
Top Exporter | Top Importer $812M | $232MChina | United Arab Emirates
2022
Product Complexity 0.95Rnk 849 / 4653
2021 - 2022
Export Growth (CAGR) 48.6%Rnk 174 / 4648
2022
Share of World Trade 0.0085%Rnk 1489 / 4648

About

Overview This page contains the latest trade data of Pitch. In 2022, Pitch were the world's 1489th most traded product, with a total trade of $2.01B. Between 2021 and 2022 the exports of Pitch grew by 48.6%, from $1.35B to $2.01B. Trade in Pitch represent 0.0085% of total world trade.

Pitch are a part of Pitch Coke.

Exports In 2022 the top exporters of Pitch  were China ($812M), Belgium ($235M), Czechia ($143M), Germany ($141M), and Spain ($125M).

Imports In 2022 the top importers of Pitch were United Arab Emirates ($232M), Canada ($215M), Norway ($156M), United States ($120M), and Brazil ($116M).

Ranking Pitch ranks 849th in the Product Complexity Index (PCI).

Description Pitch is used in a variety of applications as a raw material, including roofing, insulation, and wood filler. Pitch is also used in the manufacture of solvents, rubber, and other chemicals. Pitch is also a major component of asphalt used in paving roads.

Latest Trends

Latest Data

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Y-AXIS SCALE

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

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

Explore Latest Trends

* 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$812M
Top Destination (2022)United Arab Emirates$232M

In 2022 Pitch were the world's 1489th most traded product (out of 4,648).

In 2022, the top exporters of Pitch were China ($812M), Belgium ($235M), Czechia ($143M), Germany ($141M), and Spain ($125M).

In 2022, the top importers of Pitch were United Arab Emirates ($232M), Canada ($215M), Norway ($156M), United States ($120M), and Brazil ($116M).

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

Color
Top Origin Growth (2021 -  2022)China$395M
Top Destination Growth (2021 -  2022)Canada$126M

Between 2021 and 2022, the exports of Pitch grew the fastest in China ($395M), Belgium ($72.2M), Denmark ($49.5M), India ($46.9M), and Czechia ($35.4M).

Between 2021 and 2022, the fastest growing importers of Pitch were Canada ($126M), United Arab Emirates ($96.6M), Brazil ($68.4M), Norway ($64.2M), and France ($30.2M).

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Exporters of Pitch (2021 - 2022)

Importers of Pitch (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.1. This means that most of the exports of Pitch are explained by 8 countries.

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Value of Exports in Pitch

Net Trade

TOP NET EXPORTER (2022)China$802M
TOP NET IMPORTER (2022)United Arab Emirates$231M

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

In 2022, the countries that had a largest trade value in exports than in imports of Pitch were China ($802M), Belgium ($166M), Czechia ($143M), Germany ($120M), and Spain ($119M).

In 2022, the countries that had a largest trade value in imports than in exports of Pitch were United Arab Emirates ($231M), Norway ($156M), Canada ($121M), Brazil ($116M), and United States ($94.5M).

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 Pitch.
It is possible to select the main countries that export or import Pitch in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pitch by percentage of total exports

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)

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