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151920 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.3kRnk 4627 / 4644
2023
Top Exporter | Top Importer $799 | $680United States | Aruba
2023
Product Complexity 0.6Rnk 1492 / 4656
2022 - 2023
Export Growth (CAGR) -100%Rnk 4642 / 4644
2023
Share of World Trade <0.01%Rnk 4627 / 4644

About

Overview This page contains the latest trade data of Acid oils from refining. In 2023, Acid oils from refining were the world's 4627th most traded product, with a total trade of $1.3k. Between 2022 and 2023 the exports of Acid oils from refining decreased by -100%, from $4.43M to $1.3k. Trade in Acid oils from refining represent 5.7e-9% of total world trade.

Acid oils from refining are a part of Stearic Acid.

Exports In 2023 the top exporters of Acid oils from refining  were United States ($799) and Aruba ($500).

Imports In 2023 the top importers of Acid oils from refining were Aruba ($680), United States ($500), and Grenada ($119).

Ranking Acid oils from refining ranks 1492nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acid oils from refining. 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 (2023)United States$799
Top Destination (2023)Aruba$680

In 2023 Acid oils from refining were the world's 4627th most traded product (out of 4,644).

In 2023, the top exporters of Acid oils from refining were United States ($799) and Aruba ($500).

In 2023, the top importers of Acid oils from refining were Aruba ($680), United States ($500), and Grenada ($119).

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Exporters of Acid oils from refining (2023)
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Importers of Acid oils from refining (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Aruba$500
Top Destination Growth (2022 -  2023)Aruba$641

Between 2022 and 2023, the exports of Acid oils from refining grew the fastest in Aruba ($500).

Between 2022 and 2023, the fastest growing importers of Acid oils from refining were Aruba ($641) and United States ($500).

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Exporters of Acid oils from refining (2022 - 2023)

Importers of Acid oils from refining (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acid oils from refining.

In 2023, market concentration measured using Shannon Entropy, was 0.96. This means that most of the exports of Acid oils from refining are explained by 1 countries.

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Value of Exports in Acid oils from refining

Net Trade

This map shows which countries export or import more of Acid oils from refining. Each country is colored based on the difference in exports and imports of Acid oils from refining during 2023.

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Acid oils from refining 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 (2023)

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