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Carbon black and other carbon: top exporters and importers (2024)

In 2024, world trade in carbon black and other carbon totaled $6.6 billion (4.2 million tonnes). The top exporters were China (18%), Russia (10%) and India (8%); the top importers were China (8%), Thailand (8%) and the United States (7%). Compared with 2019, the value rose 31%.

Summary

World trade
$6.6billion
Tonnes
4.2million tonnes
Price per tonne
$1,564
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.2 billion · 18.4%
  2. Russia$678 million · 10.2%
  3. India$534 million · 8.1%
  4. Germany$528 million · 8%
  5. South Korea$392 million · 5.9%
  6. United States$341 million · 5.1%
  7. Italy$307 million · 4.6%
  8. Canada$275 million · 4.2%
  9. Egypt$209 million · 3.2%
  10. Japan$205 million · 3.1%
  11. Hungary$191 million · 2.9%
  12. Belgium$189 million · 2.9%
    re-exports
  13. Thailand$176 million · 2.7%
  14. Czechia$158 million · 2.4%
  15. Netherlands$126 million · 1.9%
    re-exports
  16. Poland$105 million · 1.6%
  17. France$93 million · 1.4%
  18. Ukraine$88 million · 1.3%
  19. Colombia$77 million · 1.2%
  20. Singapore$75 million · 1.1%
    re-exports

Top importers

  1. China$551 million · 8.3%
  2. Thailand$516 million · 7.8%
  3. United States$441 million · 6.7%
  4. Turkey$409 million · 6.2%
  5. Vietnam$390 million · 5.9%
  6. Poland$362 million · 5.5%
  7. Indonesia$310 million · 4.7%
  8. Germany$288 million · 4.3%
  9. Japan$218 million · 3.3%
  10. India$217 million · 3.3%
  11. Spain$183 million · 2.8%
  12. Czechia$151 million · 2.3%
  13. Italy$149 million · 2.3%
  14. Mexico$144 million · 2.2%
  15. Romania$139 million · 2.1%
  16. Hungary$138 million · 2.1%
  17. Slovakia$137 million · 2.1%
  18. France$126 million · 1.9%
  19. Brazil$122 million · 1.8%
  20. Canada$114 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2012

Value in USD billions. The five largest exporters in 2024.

  • China 1.2
  • Russia 0.68
  • India 0.53
  • Germany 0.53
  • South Korea 0.39

Source: CEPII BACI

Show the numbers
Country19952024
China0.021.2
Russia0.030.68
India0.010.53
Germany0.170.53
South Korea0.030.39

Price

Implied price

The price per tonne rose 83% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,564

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$852
1996$814
1997$739
1998$524
1999$675
2000$657
2001$680
2002$663
2003$726
2004$793
2005$832
2006$1,011
2007$1,104
2008$1,377
2009$1,110
2010$1,273
2011$1,531
2012$1,542
2013$1,506
2014$1,443
2015$1,071
2016$899
2017$1,096
2018$1,314
2019$1,263
2020$1,098
2021$1,348
2022$1,759
2023$1,629
2024$1,564

What it includes

  • 2803 · Carbon black and other carbon

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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