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151530 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.19BRnk 1920 / 4644
2023
Top Exporter | Top Importer $1.06B | $507MIndia | China
2023
Product Complexity -0.87Rnk 3684 / 4656
2022 - 2023
Export Growth (CAGR) -10%Rnk 2714 / 4644
2023
Share of World Trade 0.0052%Rnk 1920 / 4644

About

Overview This page contains the latest trade data of Castor oil or fractions not chemically modified. In 2023, Castor oil or fractions not chemically modified were the world's 1920th most traded product, with a total trade of $1.19B. Between 2022 and 2023 the exports of Castor oil or fractions not chemically modified decreased by -10%, from $1.32B to $1.19B. Trade in Castor oil or fractions not chemically modified represent 0.0052% of total world trade.

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

Exports In 2023 the top exporters of Castor oil or fractions not chemically modified  were India ($1.06B), France ($34.4M), Germany ($23.2M), Netherlands ($18.8M), and Brazil ($9.76M).

Imports In 2023 the top importers of Castor oil or fractions not chemically modified were China ($507M), United States ($113M), Germany ($102M), France ($99.7M), and Netherlands ($65M).

Ranking Castor oil or fractions not chemically modified ranks 3684th in the Product Complexity Index (PCI).

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 (2023)India$1.06B
Top Destination (2023)China$507M

In 2023 Castor oil or fractions not chemically modified were the world's 1920th most traded product (out of 4,644).

In 2023, the top exporters of Castor oil or fractions not chemically modified were India ($1.06B), France ($34.4M), Germany ($23.2M), Netherlands ($18.8M), and Brazil ($9.76M).

In 2023, the top importers of Castor oil or fractions not chemically modified were China ($507M), United States ($113M), Germany ($102M), France ($99.7M), and Netherlands ($65M).

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Exporters of Castor oil or fractions not chemically modified (2023)
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Importers of Castor oil or fractions not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Kenya$7.01M
Top Destination Growth (2022 -  2023)Canada$8.31M

Between 2022 and 2023, the exports of Castor oil or fractions not chemically modified grew the fastest in Kenya ($7.01M), Canada ($3.68M), Belgium ($2.21M), United States ($1.16M), and Czechia ($288k).

Between 2022 and 2023, the fastest growing importers of Castor oil or fractions not chemically modified were Canada ($8.31M), Belgium ($2.77M), Kenya ($2.38M), Italy ($1.73M), and Russia ($1.12M).

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Exporters of Castor oil or fractions not chemically modified (2022 - 2023)

Importers of Castor oil or fractions not chemically modified (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 0.86. 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 (2023)India$1.06B
TOP NET IMPORTER (2023)China$505M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Castor oil or fractions not chemically modified were India ($1.06B), Brazil ($8.77M), Kenya ($3.49M), Haiti ($158k), and Jamaica ($66k).

In 2023, the countries that had a largest trade value in imports than in exports of Castor oil or fractions not chemically modified were China ($505M), United States ($107M), Germany ($79M), France ($65.3M), and Netherlands ($46.2M).

Net Trade (2023)

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 (2023)

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