Fish oils except liver, not chemically modified

150420 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Fish oils except liver, not chemically modified. In 2023, Fish oils except liver, not chemically modified were the world's 900th most traded product, with a total trade of $4B. Between 2022 and 2023 the exports of Fish oils except liver, not chemically modified grew by 35.9%, from $2.94B to $4B. Trade in Fish oils except liver, not chemically modified represent 0.018% of total world trade.

Fish oils except liver, not chemically modified are a part of Fish Oil.

Exports In 2023 the top exporters of Fish oils except liver, not chemically modified  were Chile ($459M), Denmark ($331M), China ($307M), Norway ($305M), and Peru ($256M).

Imports In 2023 the top importers of Fish oils except liver, not chemically modified were Norway ($888M), Chile ($342M), Denmark ($308M), United States ($256M), and China ($236M).

Ranking Fish oils except liver, not chemically modified ranks 4437th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Fish oils except liver, 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)Chile$459M
Top Destination (2023)Norway$888M

In 2023 Fish oils except liver, not chemically modified were the world's 900th most traded product (out of 4,644).

In 2023, the top exporters of Fish oils except liver, not chemically modified were Chile ($459M), Denmark ($331M), China ($307M), Norway ($305M), and Peru ($256M).

In 2023, the top importers of Fish oils except liver, not chemically modified were Norway ($888M), Chile ($342M), Denmark ($308M), United States ($256M), and China ($236M).

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Exporters of Fish oils except liver, not chemically modified (2023)
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Importers of Fish oils except liver, not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$201M
Top Destination Growth (2022 -  2023)Norway$348M

Between 2022 and 2023, the exports of Fish oils except liver, not chemically modified grew the fastest in China ($201M), Chile ($197M), Denmark ($173M), Mexico ($126M), and India ($113M).

Between 2022 and 2023, the fastest growing importers of Fish oils except liver, not chemically modified were Norway ($348M), Chile ($171M), Denmark ($71.2M), United States ($61.6M), and Turkey ($56.6M).

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Exporters of Fish oils except liver, not chemically modified (2022 - 2023)

Importers of Fish oils except liver, not chemically modified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fish oils except liver, not chemically modified.

In 2023, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Fish oils except liver, not chemically modified are explained by 25 countries.

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Value of Exports in Fish oils except liver, not chemically modified

Net Trade

TOP NET EXPORTER (2023)Peru$234M
TOP NET IMPORTER (2023)Norway$582M

This map shows which countries export or import more of Fish oils except liver, not chemically modified. Each country is colored based on the difference in exports and imports of Fish oils except liver, not chemically modified during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Fish oils except liver, not chemically modified were Peru ($234M), Mexico ($204M), Morocco ($201M), Iceland ($180M), and Panama ($122M).

In 2023, the countries that had a largest trade value in imports than in exports of Fish oils except liver, not chemically modified were Norway ($582M), Turkey ($171M), United Kingdom ($156M), Canada ($142M), and Greece ($88.1M).

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 Fish oils except liver, not chemically modified.
It is possible to select the main countries that export or import Fish oils except liver, not chemically modified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fish oils except liver, 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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