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2023
Exports $352MWorld Rnk 1 / 62
Flag Rnk 447 / 1217
falsefalse Finland
2022 - 2023
FASTEST GROWING MARKETfalseSweden
2023
Imports $20.1MWorld Rnk 5 / 121
Flag Rnk 1064 / 1215
2022 - 2023
FASTEST GROWING ORIGINfalseN/A
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $352M in Tall Oil, making it the 1st largest exporter of Tall Oil in the world. At the same year, Tall Oil was the 447th most exported product in United States. The main destination of Tall Oil exports from United States are: Finland ($127M), Sweden ($116M), Japan ($60.6M), France ($17.3M), and Canada ($7.43M).

The fastest growing export markets for Tall Oil of United States between 2022 and 2023 were Sweden ($115M), Finland ($83.7M), and Japan ($27.5M).

Imports In 2023, United States imported $20.1M in Tall Oil, becoming the 5th largest importer of Tall Oil in the world. At the same year, Tall Oil was the 1064th most imported product in United States. United States imports Tall Oil primarily from: Brazil ($12.2M), Canada ($7.38M), Sweden ($387k), France ($100k), and Netherlands ($54.6k).

COMPANIES In 2023, leading companies such as Home Depot (22), Amazon (11), and L'Oreal (10) were at the forefront of shipping Tall Oil to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Tall Oil exports accounted up to $13.4M and imports accounted up to $595k, resulting in a positive trade balance of $12.8M. Between November 2023 and November 2024 the exports of United States'   Tall Oil have decreased by $-27.7M (-67.5%) from $41.1M to $13.4M, while imports decreased by $-7.96k (-1.32%) from $603k to $595k.

Destinations In November 2024, Tall Oil were exported mostly to Sweden ($8.31M), Finland ($3.28M), Canada ($565k), Portugal ($323k), and Thailand ($229k), and were imported mostly from Brazil ($219k), Canada ($162k), Finland ($159k), Sweden ($54.7k), and France ($0).

Growth In November 2024, the decrease in Tall Oil's year-by-year exports was explained primarily by a decrease in exports to Sweden ($-5.89M or -45.7%) and China ($-328k or -90%). In November 2024, the decrease in Tall Oil's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-27.7M(-67.5%)
IMPORT GROWTH (November 2023 - November 2024)$-7.96k(-1.32%)
MAIN EXPORTER (November 2024)Alabama$21.4M
MAIN DESTINATION (November 2024)Sweden$8.31M

This section shows Tall Oil's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tall Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$352M
IMPORTS (2023)$20.1M
NET TRADE (2023)$331M

In 2023, United States exported $352M in Tall Oil. The main destinations of United States exports on Tall Oil were Finland ($127M), Sweden ($116M), Japan ($60.6M), France ($17.3M), and Canada ($7.43M).

In 2023, United States imported $20.1M in Tall Oil, mainly from Brazil ($12.2M), Canada ($7.38M), Sweden ($387k), France ($100k), and Netherlands ($54.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tall Oil EXPORT MARKETS FOR United States WERE (2022 - 2023):
Sweden$115M (9.6k%)
Finland$83.7M (194%)
Japan$27.5M (83%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tall Oil BY United States WERE (2022 - 2023):
France-$26.2M (-60.3%)
Netherlands-$3.84M (-70.8%)
Belgium-$634k (-83.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Tall Oil were:
Sweden $83.1M
Poland $29.5M
In 2023, United States's main importing competitors in Tall Oil were:
Finland $205M
Sweden $127M
Japan $62M

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Trade Value of Tall Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $698k
TOP IMPORT POTENTIALSweden+ $281k

Tall Oil’s highest export potential is China. With an export gap of $698k.   Tall Oil’s highest import potential is Sweden with an import gap of $281k.

See methodology.

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