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Pricing

270810 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.82BRnk 1510 / 4644
2023
Top Exporter | Top Importer $561M | $219MChina | United Arab Emirates
2023
Product Complexity 0.82Rnk 1084 / 4656
2022 - 2023
Export Growth (CAGR) -12.2%Rnk 2942 / 4644
2023
Share of World Trade 0.0081%Rnk 1510 / 4644

About

Overview This page contains the latest trade data of Pitch. In 2023, Pitch were the world's 1510th most traded product, with a total trade of $1.82B. Between 2022 and 2023 the exports of Pitch decreased by -12.2%, from $2.08B to $1.82B. Trade in Pitch represent 0.0081% of total world trade.

Pitch are a part of Pitch Coke.

Exports In 2023 the top exporters of Pitch  were China ($561M), Belgium ($268M), Germany ($149M), Spain ($141M), and Czechia ($132M).

Imports In 2023 the top importers of Pitch were United Arab Emirates ($219M), Canada ($212M), Norway ($135M), Brazil ($121M), and United States ($118M).

Ranking Pitch ranks 1084th 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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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.

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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 (2023)China$561M
Top Destination (2023)United Arab Emirates$219M

In 2023 Pitch were the world's 1510th most traded product (out of 4,644).

In 2023, the top exporters of Pitch were China ($561M), Belgium ($268M), Germany ($149M), Spain ($141M), and Czechia ($132M).

In 2023, the top importers of Pitch were United Arab Emirates ($219M), Canada ($212M), Norway ($135M), Brazil ($121M), and United States ($118M).

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Exporters of Pitch (2023)
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Importers of Pitch (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$41.6M
Top Destination Growth (2022 -  2023)United Kingdom$37.5M

Between 2022 and 2023, the exports of Pitch grew the fastest in Belgium ($41.6M), Poland ($28.5M), India ($10.2M), Indonesia ($4.36M), and United States ($3.44M).

Between 2022 and 2023, the fastest growing importers of Pitch were United Kingdom ($37.5M), Mozambique ($27.6M), Belgium ($19.8M), Oman ($6.68M), and Russia ($6.54M).

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Exporters of Pitch (2022 - 2023)

Importers of Pitch (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Pitch are explained by 9 countries.

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Value of Exports in Pitch

Net Trade

TOP NET EXPORTER (2023)China$554M
TOP NET IMPORTER (2023)United Arab Emirates$217M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pitch were China ($554M), Belgium ($173M), Germany ($143M), Spain ($138M), and Czechia ($132M).

In 2023, the countries that had a largest trade value in imports than in exports of Pitch were United Arab Emirates ($217M), Norway ($135M), Brazil ($120M), Canada ($120M), and Russia ($92.8M).

Net Trade (2023)

Country Comparison

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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 (2023)

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