Overview This page contains the latest trade data of Industrial Fatty Acids, Oils and Alcohols. In 2021, Industrial Fatty Acids, Oils and Alcohols were the world's 43rd most traded product, with a total trade of $78.5B. Between 2020 and 2021 the exports of Industrial Fatty Acids, Oils and Alcohols grew by 39.7%, from $56.2B to $78.5B. Trade in Industrial Fatty Acids, Oils and Alcohols represent 0.37% of total world trade.
Industrial Fatty Acids, Oils and Alcohols are a part of Chemical products n.e.s.. They include Chemical industry products, preparations, mixtures ne, Prepared additives for cements, mortars or concretes, Non-refractory mortars and concretes, Non-agglomerated metal carbides, Prepared binders for foundry moulds or cores, Sorbitol except D-glucitol, and Naphthenic acids, water-insoluble salts & esters.
Exports In 2021 the top exporters of Industrial Fatty Acids, Oils and Alcohols were Germany ($10.3B), Netherlands ($9.58B), China ($8.35B), United States ($7.36B), and Japan ($4.86B).
Imports In 2021 the top importers of Industrial Fatty Acids, Oils and Alcohols were Netherlands ($10.2B), Germany ($5.69B), Belgium ($5.49B), United States ($5B), and China ($4.97B).
Tariffs In 2018 the average tariff for Industrial Fatty Acids, Oils and Alcohols was 5.25%, making it the 793rd lowest tariff using the HS4 product classification.
Ranking Industrial Fatty Acids, Oils and Alcohols ranks 424th in the Product Complexity Index (PCI).
Description Industrial monocarboxylic fatty acids are used in the production of soap, in the manufacture of various types of plastics, and in the production of detergents. Acid oils from refining are used in the manufacture of synthetic detergents, and industrial fatty alcohols are used as solvents.
Industrial Fatty Acids, Oils and Alcohols