Overview This page contains the latest trade data of Coconut Oil. In 2020, Coconut Oil were the world's 467th most traded product, with a total trade of $5.12B. Between 2019 and 2020 the exports of Coconut Oil grew by 7.16%, from $4.78B to $5.12B. Trade in Coconut Oil represent 0.031% of total world trade.

Coconut Oil are a part of Animal or vegetable fats, oils, & waxes. They include Coconut (copra) oil crude, Palm kernel & babassu oil, fractions, simply refined, Palm kernel or babassu oil, crude, and Coconut (copra) oil or fractions simply refined.

Exports In 2020 the top exporters of Coconut Oil  were Indonesia ($2.01B), Malaysia ($1.04B), Philippines ($921M), Netherlands ($327M), and Sri Lanka ($80.6M).

Imports In 2020 the top importers of Coconut Oil were Netherlands ($767M), United States ($745M), China ($699M), Malaysia ($434M), and Germany ($355M).

Tariffs In 2018 the average tariff for Coconut Oil was 8.73%, making it the 487th lowest tariff using the HS4 product classification.

Ranking Coconut Oil ranks 931st in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Coconut Oil. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Indonesia, $2.01B

Top Destination (2020): Netherlands, $767M

Coconut Oil are the world's 467th most traded product.

In 2020, the top exporters of Coconut Oil were Indonesia ($2.01B), Malaysia ($1.04B), Philippines ($921M), Netherlands ($327M), and Sri Lanka ($80.6M).

In 2020, the top importers of Coconut Oil were Netherlands ($767M), United States ($745M), China ($699M), Malaysia ($434M), and Germany ($355M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Malaysia, $275M

Top Destination Growth (2019 - 2020): Sri Lanka, $83M

Between 2019 and 2020, the exports of Coconut Oil grew the fastest in Malaysia ($275M), Indonesia ($62.9M), Netherlands ($36.2M), Sri Lanka ($29.3M), and Canada ($17.5M).

Between 2019 and 2020, the fastest growing importers of Coconut Oil were Sri Lanka ($83M), Netherlands ($73.1M), Malaysia ($71.9M), Brazil ($37.1M), and Mexico ($24.5M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Coconut Oil.

In 2020,  market concentration measured using Shannon Entropy, was 2.89. This means that most of the exports of Coconut Oil are explained by 7 countries.

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TOP NET EXPORTER (2020): Indonesia, $1.97B

TOP NET IMPORTER (2020): China, $698M

This map shows which countries export or import more of Coconut Oil. Each country is colored based on the difference in exports and imports of Coconut Oil during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Coconut Oil were Indonesia ($1.97B), Philippines ($885M), Malaysia ($606M), Papua New Guinea ($76.9M), and Colombia ($45.6M).

In 2020, the countries that had a largest trade value in imports than in exports of Coconut Oil were China ($698M), United States ($693M), Netherlands ($441M), Germany ($291M), and Brazil ($188M).

Disaggregation

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Value

In 2020, the world most traded Coconut Oil, disaggragated by their HS6 level were Palm kernel & babassu oil, fractions,... ($1.69B), Coconut (copra) oil or fractions simply... ($1.23B), Coconut (copra) oil crude ($1.18B), and Palm kernel or babassu oil, crude ($1.01B)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Coconut Oil to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.