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151319 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.75BRnk 1551 / 4644
2023
Top Exporter | Top Importer $463M | $380MPhilippines | United States
2023
Product Complexity -0.89Rnk 3702 / 4656
2022 - 2023
Export Growth (CAGR) -27.5%Rnk 4122 / 4644
2023
Share of World Trade 0.0077%Rnk 1551 / 4644

About

Overview This page contains the latest trade data of Coconut (copra) oil or fractions simply refined. In 2023, Coconut (copra) oil or fractions simply refined were the world's 1551st most traded product, with a total trade of $1.75B. Between 2022 and 2023 the exports of Coconut (copra) oil or fractions simply refined decreased by -27.5%, from $2.41B to $1.75B. Trade in Coconut (copra) oil or fractions simply refined represent 0.0077% of total world trade.

Coconut (copra) oil or fractions simply refined are a part of Coconut Oil.

Exports In 2023 the top exporters of Coconut (copra) oil or fractions simply refined  were Philippines ($463M), Indonesia ($436M), Netherlands ($272M), Malaysia ($197M), and Spain ($67.2M).

Imports In 2023 the top importers of Coconut (copra) oil or fractions simply refined were United States ($380M), China ($206M), Germany ($123M), Sri Lanka ($99.1M), and Italy ($76.8M).

Ranking Coconut (copra) oil or fractions simply refined ranks 3702nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Coconut (copra) oil or fractions simply refined. 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)Philippines$463M
Top Destination (2023)United States$380M

In 2023 Coconut (copra) oil or fractions simply refined were the world's 1551st most traded product (out of 4,644).

In 2023, the top exporters of Coconut (copra) oil or fractions simply refined were Philippines ($463M), Indonesia ($436M), Netherlands ($272M), Malaysia ($197M), and Spain ($67.2M).

In 2023, the top importers of Coconut (copra) oil or fractions simply refined were United States ($380M), China ($206M), Germany ($123M), Sri Lanka ($99.1M), and Italy ($76.8M).

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Exporters of Coconut (copra) oil or fractions simply refined (2023)
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Importers of Coconut (copra) oil or fractions simply refined (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$32.8M
Top Destination Growth (2022 -  2023)Sri Lanka$86.5M

Between 2022 and 2023, the exports of Coconut (copra) oil or fractions simply refined grew the fastest in Spain ($32.8M), Belgium ($19.9M), Germany ($9.81M), Estonia ($8.21M), and France ($3.94M).

Between 2022 and 2023, the fastest growing importers of Coconut (copra) oil or fractions simply refined were Sri Lanka ($86.5M), Italy ($20M), Netherlands ($13.5M), Uzbekistan ($3.85M), and Jordan ($2.02M).

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Exporters of Coconut (copra) oil or fractions simply refined (2022 - 2023)

Importers of Coconut (copra) oil or fractions simply refined (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coconut (copra) oil or fractions simply refined.

In 2023, market concentration measured using Shannon Entropy, was 3.16. This means that most of the exports of Coconut (copra) oil or fractions simply refined are explained by 8 countries.

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Value of Exports in Coconut (copra) oil or fractions simply refined

Net Trade

TOP NET EXPORTER (2023)Philippines$462M
TOP NET IMPORTER (2023)United States$366M

This map shows which countries export or import more of Coconut (copra) oil or fractions simply refined. Each country is colored based on the difference in exports and imports of Coconut (copra) oil or fractions simply refined during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coconut (copra) oil or fractions simply refined were Philippines ($462M), Indonesia ($433M), Netherlands ($227M), Malaysia ($179M), and Spain ($53.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Coconut (copra) oil or fractions simply refined were United States ($366M), China ($204M), Sri Lanka ($76.6M), Germany ($71.5M), and South Korea ($54.9M).

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 Coconut (copra) oil or fractions simply refined.
It is possible to select the main countries that export or import Coconut (copra) oil or fractions simply refined in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coconut (copra) oil or fractions simply refined 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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