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382313 (Harmonized System 1996 for 6-digit)

2022
World Trade $419MRnk 3182 / 4769
2022
Top Exporter | Top Importer $112M | $51.4MFinland | Netherlands
2022
Product Complexity 0.87Rnk 1020 / 4776
2021 - 2022
Export Growth (CAGR) 27.1%Rnk 507 / 4769
2022
Share of World Trade 0.0018%Rnk 3182 / 4769

About

Overview This page contains the latest trade data of Industrial Oils: Tall oil fatty acids type. In 2022, Industrial Oils: Tall oil fatty acids type were the world's 3182nd most traded product, with a total trade of $419M. Between 2021 and 2022 the exports of Industrial Oils: Tall oil fatty acids type grew by 27.1%, from $330M to $419M. Trade in Industrial Oils: Tall oil fatty acids type represent 0.0018% of total world trade.

Industrial Oils: Tall oil fatty acids type are a part of Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols.

Exports In 2022 the top exporters of Industrial Oils: Tall oil fatty acids type  were Finland ($112M), United States ($88.4M), Sweden ($59.7M), Netherlands ($56.6M), and France ($38.9M).

Imports In 2022 the top importers of Industrial Oils: Tall oil fatty acids type were Netherlands ($51.4M), Germany ($26.8M), Australia ($25M), United Kingdom ($25M), and Italy ($22.2M).

Ranking Industrial Oils: Tall oil fatty acids type ranks 1020th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Industrial Oils: Tall oil fatty acids type. 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 (2022)Finland$112M
Top Destination (2022)Netherlands$51.4M

In 2022 Industrial Oils: Tall oil fatty acids type were the world's 3182nd most traded product (out of 4,769).

In 2022, the top exporters of Industrial Oils: Tall oil fatty acids type were Finland ($112M), United States ($88.4M), Sweden ($59.7M), Netherlands ($56.6M), and France ($38.9M).

In 2022, the top importers of Industrial Oils: Tall oil fatty acids type were Netherlands ($51.4M), Germany ($26.8M), Australia ($25M), United Kingdom ($25M), and Italy ($22.2M).

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Exporters of Industrial Oils: Tall oil fatty acids type (2022)
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Importers of Industrial Oils: Tall oil fatty acids type (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Finland$39.1M
Top Destination Growth (2021 -  2022)Netherlands$20.6M

Between 2021 and 2022, the exports of Industrial Oils: Tall oil fatty acids type grew the fastest in Finland ($39.1M), France ($13.2M), Sweden ($12.4M), Netherlands ($10.8M), and China ($4.5M).

Between 2021 and 2022, the fastest growing importers of Industrial Oils: Tall oil fatty acids type were Netherlands ($20.6M), Australia ($14.8M), France ($11.6M), United Kingdom ($9.49M), and Sweden ($7.43M).

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Exporters of Industrial Oils: Tall oil fatty acids type (2021 - 2022)

Importers of Industrial Oils: Tall oil fatty acids type (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial Oils: Tall oil fatty acids type.

In 2022, market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Industrial Oils: Tall oil fatty acids type are explained by 8 countries.

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Value of Exports in Industrial Oils: Tall oil fatty acids type

Net Trade

TOP NET EXPORTER (2022)Finland$105M
TOP NET IMPORTER (2022)Australia$24.9M

This map shows which countries export or import more of Industrial Oils: Tall oil fatty acids type. Each country is colored based on the difference in exports and imports of Industrial Oils: Tall oil fatty acids type during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Industrial Oils: Tall oil fatty acids type were Finland ($105M), United States ($74.2M), Sweden ($43.6M), France ($21.8M), and Netherlands ($5.25M).

In 2022, the countries that had a largest trade value in imports than in exports of Industrial Oils: Tall oil fatty acids type were Australia ($24.9M), Germany ($23.9M), United Kingdom ($22.1M), Italy ($21.8M), and Mexico ($15.2M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Industrial Oils: Tall oil fatty acids type.
It is possible to select the main countries that export or import Industrial Oils: Tall oil fatty acids type in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial Oils: Tall oil fatty acids type 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 (2022)

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