151519 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Linseed oil,fractions, refined not chemically modifie. In 2023, Linseed oil,fractions, refined not chemically modifie were the world's 3725th most traded product, with a total trade of $184M. Between 2022 and 2023 the exports of Linseed oil,fractions, refined not chemically modifie decreased by -18.4%, from $226M to $184M. Trade in Linseed oil,fractions, refined not chemically modifie represent 0.00082% of total world trade.

Linseed oil,fractions, refined not chemically modifie are a part of Other Pure Vegetable Oils.

Exports In 2023 the top exporters of Linseed oil,fractions, refined not chemically modifie  were Belgium ($63.9M), United Kingdom ($14.9M), Indonesia ($11.3M), Germany ($11.1M), and Russia ($10.6M).

Imports In 2023 the top importers of Linseed oil,fractions, refined not chemically modifie were Gambia ($24.1M), Norway ($23.6M), Germany ($23.4M), Netherlands ($17.8M), and Ireland ($14.1M).

Ranking Linseed oil,fractions, refined not chemically modifie ranks 3555th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Linseed oil,fractions, refined not chemically modifie. 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)Belgium$63.9M
Top Destination (2023)Gambia$24.1M

In 2023 Linseed oil,fractions, refined not chemically modifie were the world's 3725th most traded product (out of 4,644).

In 2023, the top exporters of Linseed oil,fractions, refined not chemically modifie were Belgium ($63.9M), United Kingdom ($14.9M), Indonesia ($11.3M), Germany ($11.1M), and Russia ($10.6M).

In 2023, the top importers of Linseed oil,fractions, refined not chemically modifie were Gambia ($24.1M), Norway ($23.6M), Germany ($23.4M), Netherlands ($17.8M), and Ireland ($14.1M).

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Exporters of Linseed oil,fractions, refined not chemically modifie (2023)
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Importers of Linseed oil,fractions, refined not chemically modifie (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Russia$5.31M
Top Destination Growth (2022 -  2023)Norway$15.5M

Between 2022 and 2023, the exports of Linseed oil,fractions, refined not chemically modifie grew the fastest in Russia ($5.31M), Belarus ($4.8M), Indonesia ($4.29M), Lithuania ($1.75M), and Italy ($1.55M).

Between 2022 and 2023, the fastest growing importers of Linseed oil,fractions, refined not chemically modifie were Norway ($15.5M), Netherlands ($12.3M), Gambia ($4.63M), Guinea-Bissau ($1.21M), and Djibouti ($1.21M).

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Exporters of Linseed oil,fractions, refined not chemically modifie (2022 - 2023)

Importers of Linseed oil,fractions, refined not chemically modifie (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Linseed oil,fractions, refined not chemically modifie.

In 2023, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Linseed oil,fractions, refined not chemically modifie are explained by 14 countries.

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Value of Exports in Linseed oil,fractions, refined not chemically modifie

Net Trade

TOP NET EXPORTER (2023)Belgium$60.1M
TOP NET IMPORTER (2023)Norway$23.6M

This map shows which countries export or import more of Linseed oil,fractions, refined not chemically modifie. Each country is colored based on the difference in exports and imports of Linseed oil,fractions, refined not chemically modifie during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Linseed oil,fractions, refined not chemically modifie were Belgium ($60.1M), Russia ($10.6M), United Kingdom ($10.4M), Malaysia ($9.13M), and Indonesia ($8.69M).

In 2023, the countries that had a largest trade value in imports than in exports of Linseed oil,fractions, refined not chemically modifie were Norway ($23.6M), Gambia ($22.8M), Netherlands ($13.7M), Ireland ($13.1M), and Germany ($12.4M).

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 Linseed oil,fractions, refined not chemically modifie.
It is possible to select the main countries that export or import Linseed oil,fractions, refined not chemically modifie in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Linseed oil,fractions, refined not chemically modifie 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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