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330124 (Harmonized System 1992 for 6-digit)

2022
World Trade $168MRnk 3836 / 4648
2022
Top Exporter | Top Importer $61M | $34.5MIndia | United States
2022
Product Complexity 0.048Rnk 2453 / 4653
2021 - 2022
Export Growth (CAGR) -14.7%Rnk 4159 / 4648
2022
Share of World Trade 0.00071%Rnk 3836 / 4648

About

Overview This page contains the latest trade data of Essential oils of peppermint. In 2022, Essential oils of peppermint were the world's 3836th most traded product, with a total trade of $168M. Between 2021 and 2022 the exports of Essential oils of peppermint decreased by -14.7%, from $197M to $168M. Trade in Essential oils of peppermint represent 0.00071% of total world trade.

Essential oils of peppermint are a part of Essential Oils.

Exports In 2022 the top exporters of Essential oils of peppermint  were India ($61M), United States ($60.9M), Germany ($9.2M), China ($7.3M), and France ($5.44M).

Imports In 2022 the top importers of Essential oils of peppermint were United States ($34.5M), Germany ($19.2M), Mexico ($10.4M), Japan ($10.1M), and United Kingdom ($9.87M).

Ranking Essential oils of peppermint ranks 2453rd in the Product Complexity Index (PCI).

Description Peppermint essential oils are used in aromatherapy and in making household products such as soaps and shampoos.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Essential oils of peppermint. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)India$61M
Top Destination (2022)United States$34.5M

In 2022 Essential oils of peppermint were the world's 3836th most traded product (out of 4,648).

In 2022, the top exporters of Essential oils of peppermint were India ($61M), United States ($60.9M), Germany ($9.2M), China ($7.3M), and France ($5.44M).

In 2022, the top importers of Essential oils of peppermint were United States ($34.5M), Germany ($19.2M), Mexico ($10.4M), Japan ($10.1M), and United Kingdom ($9.87M).

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Exporters of Essential oils of peppermint (2022)
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Importers of Essential oils of peppermint (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Poland$342k
Top Destination Growth (2021 -  2022)Germany$2.76M

Between 2021 and 2022, the exports of Essential oils of peppermint grew the fastest in Poland ($342k), Sweden ($299k), Portugal ($291k), Indonesia ($287k), and Malaysia ($235k).

Between 2021 and 2022, the fastest growing importers of Essential oils of peppermint were Germany ($2.76M), United States ($1.03M), Switzerland ($423k), Sweden ($271k), and Burma ($257k).

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Exporters of Essential oils of peppermint (2021 - 2022)

Importers of Essential oils of peppermint (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Essential oils of peppermint.

In 2022, market concentration measured using Shannon Entropy, was 2.66. This means that most of the exports of Essential oils of peppermint are explained by 6 countries.

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Value of Exports in Essential oils of peppermint

Net Trade

TOP NET EXPORTER (2022)India$58.9M
TOP NET IMPORTER (2022)Mexico$10.4M

This map shows which countries export or import more of Essential oils of peppermint. Each country is colored based on the difference in exports and imports of Essential oils of peppermint during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Essential oils of peppermint were India ($58.9M), United States ($26.4M), China ($1.84M), Croatia ($1.36M), and Malawi ($192k).

In 2022, the countries that had a largest trade value in imports than in exports of Essential oils of peppermint were Mexico ($10.4M), Germany ($9.95M), Japan ($9.76M), United Kingdom ($4.78M), and Indonesia ($4.69M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Essential oils of peppermint.
It is possible to select the main countries that export or import Essential oils of peppermint in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Essential oils of peppermint by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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