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151530 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.34BRnk 1873 / 4648
2022
Top Exporter | Top Importer $1.16B | $504MIndia | China
2022
Product Complexity 0.029Rnk 2484 / 4653
2021 - 2022
Export Growth (CAGR) 5.29%Rnk 2190 / 4648
2022
Share of World Trade 0.0057%Rnk 1873 / 4648

About

Overview This page contains the latest trade data of Castor oil or fractions not chemically modified. In 2022, Castor oil or fractions not chemically modified were the world's 1873rd most traded product, with a total trade of $1.34B. Between 2021 and 2022 the exports of Castor oil or fractions not chemically modified grew by 5.29%, from $1.28B to $1.34B. Trade in Castor oil or fractions not chemically modified represent 0.0057% of total world trade.

Castor oil or fractions not chemically modified are a part of Other Pure Vegetable Oils.

Exports In 2022 the top exporters of Castor oil or fractions not chemically modified  were India ($1.16B), France ($49.1M), Netherlands ($48.2M), Germany ($29M), and Brazil ($10.1M).

Imports In 2022 the top importers of Castor oil or fractions not chemically modified were China ($504M), Netherlands ($173M), France ($136M), United States ($120M), and Germany ($86.4M).

Ranking Castor oil or fractions not chemically modified ranks 2484th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Castor oil or fractions not chemically modified. 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$1.16B
Top Destination (2022)China$504M

In 2022 Castor oil or fractions not chemically modified were the world's 1873rd most traded product (out of 4,648).

In 2022, the top exporters of Castor oil or fractions not chemically modified were India ($1.16B), France ($49.1M), Netherlands ($48.2M), Germany ($29M), and Brazil ($10.1M).

In 2022, the top importers of Castor oil or fractions not chemically modified were China ($504M), Netherlands ($173M), France ($136M), United States ($120M), and Germany ($86.4M).

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Exporters of Castor oil or fractions not chemically modified (2022)
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Importers of Castor oil or fractions not chemically modified (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$39.5M
Top Destination Growth (2021 -  2022)Netherlands$19.5M

Between 2021 and 2022, the exports of Castor oil or fractions not chemically modified grew the fastest in India ($39.5M), France ($15.8M), Brazil ($6.23M), Spain ($5.94M), and Germany ($3.51M).

Between 2021 and 2022, the fastest growing importers of Castor oil or fractions not chemically modified were Netherlands ($19.5M), France ($13.4M), Singapore ($11M), Turkey ($8.42M), and Italy ($6.06M).

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Exporters of Castor oil or fractions not chemically modified (2021 - 2022)

Importers of Castor oil or fractions not chemically modified (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Castor oil or fractions not chemically modified.

In 2022, market concentration measured using Shannon Entropy, was 0.98. This means that most of the exports of Castor oil or fractions not chemically modified are explained by 1 countries.

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Value of Exports in Castor oil or fractions not chemically modified

Net Trade

TOP NET EXPORTER (2022)India$1.16B
TOP NET IMPORTER (2022)China$501M

This map shows which countries export or import more of Castor oil or fractions not chemically modified. Each country is colored based on the difference in exports and imports of Castor oil or fractions not chemically modified during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Castor oil or fractions not chemically modified were India ($1.16B), Brazil ($9.62M), Jamaica ($72.7k), Haiti ($60.2k), and Hong Kong ($52.8k).

In 2022, the countries that had a largest trade value in imports than in exports of Castor oil or fractions not chemically modified were China ($501M), Netherlands ($125M), United States ($110M), France ($86.7M), and Germany ($57.4M).

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 Castor oil or fractions not chemically modified.
It is possible to select the main countries that export or import Castor oil or fractions not chemically modified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Castor oil or fractions not chemically modified 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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