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151529 (Harmonized System 1992 for 6-digit)

2023
World Trade $510MRnk 2839 / 4644
2023
Top Exporter | Top Importer $102M | $90.5MUnited States | Libya
2023
Product Complexity -0.74Rnk 3543 / 4656
2022 - 2023
Export Growth (CAGR) -16.4%Rnk 3365 / 4644
2023
Share of World Trade 0.0023%Rnk 2839 / 4644

About

Overview This page contains the latest trade data of Maize oil, fractions, refined not chemically modified. In 2023, Maize oil, fractions, refined not chemically modified were the world's 2839th most traded product, with a total trade of $510M. Between 2022 and 2023 the exports of Maize oil, fractions, refined not chemically modified decreased by -16.4%, from $610M to $510M. Trade in Maize oil, fractions, refined not chemically modified represent 0.0023% of total world trade.

Maize oil, fractions, refined not chemically modified are a part of Other Pure Vegetable Oils.

Exports In 2023 the top exporters of Maize oil, fractions, refined not chemically modified  were United States ($102M), Turkey ($89.2M), Saudi Arabia ($40.7M), Canada ($36.2M), and Tunisia ($33.2M).

Imports In 2023 the top importers of Maize oil, fractions, refined not chemically modified were Libya ($90.5M), Kuwait ($72.2M), United States ($50.6M), United Arab Emirates ($34.5M), and Saudi Arabia ($28.2M).

Ranking Maize oil, fractions, refined not chemically modified ranks 3543rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Maize oil, fractions, refined 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)United States$102M
Top Destination (2023)Libya$90.5M

In 2023 Maize oil, fractions, refined not chemically modified were the world's 2839th most traded product (out of 4,644).

In 2023, the top exporters of Maize oil, fractions, refined not chemically modified were United States ($102M), Turkey ($89.2M), Saudi Arabia ($40.7M), Canada ($36.2M), and Tunisia ($33.2M).

In 2023, the top importers of Maize oil, fractions, refined not chemically modified were Libya ($90.5M), Kuwait ($72.2M), United States ($50.6M), United Arab Emirates ($34.5M), and Saudi Arabia ($28.2M).

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Exporters of Maize oil, fractions, refined not chemically modified (2023)
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Importers of Maize oil, fractions, refined not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$10.1M
Top Destination Growth (2022 -  2023)Kuwait$39.7M

Between 2022 and 2023, the exports of Maize oil, fractions, refined not chemically modified grew the fastest in United States ($10.1M), Canada ($6.98M), Mexico ($3.85M), Russia ($3.84M), and Brazil ($3.22M).

Between 2022 and 2023, the fastest growing importers of Maize oil, fractions, refined not chemically modified were Kuwait ($39.7M), United States ($12.2M), Iraq ($5.63M), Azerbaijan ($4.92M), and Netherlands ($2.86M).

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Exporters of Maize oil, fractions, refined not chemically modified (2022 - 2023)

Importers of Maize oil, fractions, refined not chemically modified (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Maize oil, fractions, refined not chemically modified are explained by 17 countries.

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Value of Exports in Maize oil, fractions, refined not chemically modified

Net Trade

TOP NET EXPORTER (2023)Turkey$88.7M
TOP NET IMPORTER (2023)Kuwait$72.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Maize oil, fractions, refined not chemically modified were Turkey ($88.7M), United States ($51.7M), Tunisia ($33.2M), Belgium ($26.5M), and Canada ($17.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Maize oil, fractions, refined not chemically modified were Kuwait ($72.1M), United Arab Emirates ($21.8M), Azerbaijan ($14.9M), Qatar ($13.4M), and Israel ($13M).

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

Top 10 Exporters Countries of Maize oil, fractions, refined 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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