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340391 (Harmonized System 1992 for 6-digit)

2022
World Trade $961MRnk 2247 / 4648
2022
Top Exporter | Top Importer $419M | $403MJapan | China
2022
Product Complexity 1.58Rnk 143 / 4653
2021 - 2022
Export Growth (CAGR) -10.3%Rnk 3970 / 4648
2022
Share of World Trade 0.0041%Rnk 2247 / 4648

About

Overview This page contains the latest trade data of Lubricants etc, no petroleum oil, textile, leather us. In 2022, Lubricants etc, no petroleum oil, textile, leather us were the world's 2247th most traded product, with a total trade of $961M. Between 2021 and 2022 the exports of Lubricants etc, no petroleum oil, textile, leather us decreased by -10.3%, from $1.07B to $961M. Trade in Lubricants etc, no petroleum oil, textile, leather us represent 0.0041% of total world trade.

Lubricants etc, no petroleum oil, textile, leather us are a part of Lubricating Products.

Exports In 2022 the top exporters of Lubricants etc, no petroleum oil, textile, leather us  were Japan ($419M), Germany ($189M), Italy ($65.6M), United States ($60.9M), and Netherlands ($52.3M).

Imports In 2022 the top importers of Lubricants etc, no petroleum oil, textile, leather us were China ($403M), India ($78.4M), Vietnam ($48.1M), Turkey ($36.3M), and Chinese Taipei ($25.9M).

Ranking Lubricants etc, no petroleum oil, textile, leather us ranks 143rd in the Product Complexity Index (PCI).

Description Lubricants provide a barrier to reduce the friction between two surfaces which could result in a mechanical failure. Lubricants are used in many different industries, such as in textile and leather manufacturing, to reduce the friction between the fabric and the machine that it is being processed on.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lubricants etc, no petroleum oil, textile, leather us. 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)Japan$419M
Top Destination (2022)China$403M

In 2022 Lubricants etc, no petroleum oil, textile, leather us were the world's 2247th most traded product (out of 4,648).

In 2022, the top exporters of Lubricants etc, no petroleum oil, textile, leather us were Japan ($419M), Germany ($189M), Italy ($65.6M), United States ($60.9M), and Netherlands ($52.3M).

In 2022, the top importers of Lubricants etc, no petroleum oil, textile, leather us were China ($403M), India ($78.4M), Vietnam ($48.1M), Turkey ($36.3M), and Chinese Taipei ($25.9M).

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Exporters of Lubricants etc, no petroleum oil, textile, leather us (2022)
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Importers of Lubricants etc, no petroleum oil, textile, leather us (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Singapore$4.11M
Top Destination Growth (2021 -  2022)United States$4.58M

Between 2021 and 2022, the exports of Lubricants etc, no petroleum oil, textile, leather us grew the fastest in Singapore ($4.11M), United Kingdom ($3.52M), Turkey ($1.97M), China ($1.58M), and Israel ($1.37M).

Between 2021 and 2022, the fastest growing importers of Lubricants etc, no petroleum oil, textile, leather us were United States ($4.58M), Turkey ($4.51M), India ($3.8M), Hungary ($2.14M), and Italy ($1.92M).

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Exporters of Lubricants etc, no petroleum oil, textile, leather us (2021 - 2022)

Importers of Lubricants etc, no petroleum oil, textile, leather us (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lubricants etc, no petroleum oil, textile, leather us.

In 2022, market concentration measured using Shannon Entropy, was 2.9. This means that most of the exports of Lubricants etc, no petroleum oil, textile, leather us are explained by 7 countries.

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Value of Exports in Lubricants etc, no petroleum oil, textile, leather us

Net Trade

TOP NET EXPORTER (2022)Japan$417M
TOP NET IMPORTER (2022)China$358M

This map shows which countries export or import more of Lubricants etc, no petroleum oil, textile, leather us. Each country is colored based on the difference in exports and imports of Lubricants etc, no petroleum oil, textile, leather us during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lubricants etc, no petroleum oil, textile, leather us were Japan ($417M), Germany ($179M), Netherlands ($46.1M), United States ($42M), and Italy ($41.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Lubricants etc, no petroleum oil, textile, leather us were China ($358M), India ($74.1M), Vietnam ($46.8M), Turkey ($30.2M), and Pakistan ($22.1M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Lubricants etc, no petroleum oil, textile, leather us.
It is possible to select the main countries that export or import Lubricants etc, no petroleum oil, textile, leather us in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lubricants etc, no petroleum oil, textile, leather us 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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