2022
Exports
$6.76MWorld Rnk 37 / 154
Flag Rnk 554 / 1208
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$48.2MWorld Rnk 28 / 212
Flag Rnk 497 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $6.76M in Coconut Oil, making it the 37th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 554th most exported product in Australia. The main destination of Coconut Oil exports from Australia are: Malaysia ($5.51M), New Zealand ($651k), Thailand ($178k), China ($119k), and France ($66.9k).

The fastest growing export markets for Coconut Oil of Australia between 2021 and 2022 were Malaysia ($1.37M), New Zealand ($436k), and Austria ($50.2k).

Imports In 2022, Australia imported $48.2M in Coconut Oil, becoming the 28th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 497th most imported product in Australia. Australia imports Coconut Oil primarily from: Malaysia ($34.2M), Philippines ($5.49M), Sri Lanka ($3.39M), Fiji ($1.14M), and Indonesia ($857k).

The fastest growing import markets in Coconut Oil for Australia between 2021 and 2022 were Malaysia ($12.3M), Philippines ($3.96M), and Fiji ($761k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.76M
IMPORTS (2022)$48.2M
NET TRADE (2022)-$41.5M

In 2022, Australia exported $6.76M in Coconut Oil. The main destinations of Australia exports on Coconut Oil were Malaysia ($5.51M), New Zealand ($651k), Thailand ($178k), China ($119k), and France ($66.9k).

In 2022, Australia imported $48.2M in Coconut Oil, mainly from Malaysia ($34.2M), Philippines ($5.49M), Sri Lanka ($3.39M), Fiji ($1.14M), and Indonesia ($857k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Malaysia$1.37M (33.3%)
New Zealand$436k (203%)
Austria$50.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Australia WERE (2021 - 2022):
Singapore-$515k (-92.4%)
Thailand-$385k (-68.4%)
China-$174k (-59.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Coconut Oil were:
In 2022, Australia's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $325k
TOP IMPORT POTENTIALPhilippines+ $3.49M

Coconut Oil’s highest export potential is China. With an export gap of $325k.   Coconut Oil’s highest import potential is Philippines with an import gap of $3.49M.

See methodology.

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