Carbon And Graphite Products Market - U.S. Carbon and Graphite Product Exports Increased in 2009-2015, Following Robust Manufacturing Growth
Other Mining And Quarrying June 07, 2016
The U.S. ranks first in global trade on the carbon and graphite products market, accounting for a 15% share (based on USD) of world's exports. It was followed by China (14%), Japan (13%) and Germany (11%). In 2015, the U.S. exported 1,598 million USD, -2% under the previous year.
From 2007 to 2015, U.S. carbon and graphite product exports showed mixed dynamics. A significant drop in 2009 was followed by steady growth over the next five years, until exports slightly decreased again. There was an annual increase of +4.7% throughout the analysed period.
In 2011, U.S. carbon and graphite products exporters overcame the pre-recession level achieved in 2007.
As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver.
In 2015, the main destinations of U.S. carbon and graphite product exports were Japan (31%), Germany (20%) and China (15%). The share exported to Germany increased (+7 percentage points), while the share sent to China illustrated negative dynamics (-3 percentage points) between 2007 and 2015.
From 2007 to 2015, the U.S. was a net exporter of carbon and graphite products. Moreover, exports grew faster than imports on average over the period under review.
Net US exports of carbon and graphite products showed several fluctuations, but the overall trend was positive over the period under review. In 2015, this industry ran a significant trade surplus of 532 million USD, approximately 33% of gross exports.
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Source: U.S. Carbon And Graphite Products Market. Analysis And Forecast to 2020
