HS4 subsector intelligence

Carbon
HS4 3802 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 38021995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$3.3BGlobal subsector value
02

Annual change

+0.5%Latest year on year
03

Exporters

145Active reporting countries
04

Importers

196Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$3.3B in trade, with +3.4% annualized growth over three years.

Carbon is recorded across 3,994 active corridors, with 145 exporters and 196 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $599.8M1996: $609.1M1997: $679.6M1998: $635.8M1999: $713.6M2000: $753.8M2001: $752.8M2002: $812.5M2003: $901.3M2004: $976.2M2005: $1.1B2006: $1.2B2007: $1.5B2008: $2.1B2009: $2.3B2010: $1.8B2011: $2.1B2012: $2.2B2013: $2.3B2014: $2.4B2015: $2.2B2016: $2.2B2017: $2.3B2018: $2.6B2019: $2.6B2020: $2.5B2021: $2.9B2022: $3.4B2023: $3.2B2024: $3.3B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$119.3M+14.9%23,359 kmYes
2ChinaCHNRepublic of KoreaKOR$66.8M-7.4%2867 kmYes
3ChinaCHNJapanJPN$58.4M-7%21,763 kmNo
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$55.4M+3.2%2556 kmYes
5BelgiumBELFranceFRA$52.2M+8.2%2264 kmYes
6MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$51.8M+18.2%23,359 kmYes
7IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$50.6M+1.1%211,771 kmNo
8Sri LankaLKAUSA, Puerto Rico and US Virgin IslandsUSA$46.3M+2.1%114,094 kmNo
9USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$42.5M-2.9%211,883 kmNo
10ChinaCHNThailandTHA$40.6M+6.7%22,887 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$587.6M1612
2USA, Puerto Rico and US Virgin IslandsUSA$517.2M1382
3IndiaIND$348.5M1492
4BelgiumBEL$190.5M1222
5GermanyDEU$182.5M1432
6Sri LankaLKA$156.9M1022
7PhilippinesPHL$121.6M742
8NetherlandsNLD$117.1M1202
9MexicoMEX$101.8M622
10JapanJPN$97.0M682
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$270.9M532
2GermanyDEU$244.3M552
3ChinaCHN$170.6M482
4Republic of KoreaKOR$168.3M382
5JapanJPN$153.5M292
6FranceFRA$145.5M592
7MexicoMEX$133.9M452
8NetherlandsNLD$120.0M582
9ItalyITA$113.9M452
10BelgiumBEL$106.3M542

HS6 product coverage

The products inside HS4 3802

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownCarbon
01
Carbon: activatedHS6 380210
02
Chemical products: activated natural mineral products, animal black, including spent animal blackHS6 380290

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.