291615 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Oleic,linoleic or linolenic acids, salts & esters. In 2022, Oleic,linoleic or linolenic acids, salts & esters were the world's 3483rd most traded product, with a total trade of $279M. Between 2021 and 2022 the exports of Oleic,linoleic or linolenic acids, salts & esters grew by 14.2%, from $244M to $279M. Trade in Oleic,linoleic or linolenic acids, salts & esters represent 0.0012% of total world trade.

Oleic,linoleic or linolenic acids, salts & esters are a part of Unsaturated Acyclic Monocarboxylic Acids.

Exports In 2022 the top exporters of Oleic,linoleic or linolenic acids, salts & esters  were Italy ($63.6M), Belgium ($25.2M), China ($20.6M), United States ($20M), and India ($18.9M).

Imports In 2022 the top importers of Oleic,linoleic or linolenic acids, salts & esters were Germany ($46.5M), Spain ($23.7M), France ($17.7M), Japan ($15.5M), and United States ($12.5M).

Ranking Oleic,linoleic or linolenic acids, salts & esters ranks 1107th in the Product Complexity Index (PCI).

Description Oleic Acid: Oleic acid is a monounsaturated omega-9 fatty acid that is typically found in plant and animal fats. It is found in a variety of oils, such as olive oil and macadamia oil. It is also used in soaps, shampoos, and creams. Linoleic Acid: Linoleic acid is a polyunsaturated omega-6 fatty acid that is typically found in plant and animal fats. It is found in oils including soybean, corn, and rapeseed oils. It is used in soaps,

Latest Data

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The following visualization shows the latest trends on Oleic,linoleic or linolenic acids, salts & esters. 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)Italy$63.6M
Top Destination (2022)Germany$46.5M

In 2022 Oleic,linoleic or linolenic acids, salts & esters were the world's 3483rd most traded product (out of 4,648).

In 2022, the top exporters of Oleic,linoleic or linolenic acids, salts & esters were Italy ($63.6M), Belgium ($25.2M), China ($20.6M), United States ($20M), and India ($18.9M).

In 2022, the top importers of Oleic,linoleic or linolenic acids, salts & esters were Germany ($46.5M), Spain ($23.7M), France ($17.7M), Japan ($15.5M), and United States ($12.5M).

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Exporters of Oleic,linoleic or linolenic acids, salts & esters (2022)
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Importers of Oleic,linoleic or linolenic acids, salts & esters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$9.54M
Top Destination Growth (2021 -  2022)Spain$4.08M

Between 2021 and 2022, the exports of Oleic,linoleic or linolenic acids, salts & esters grew the fastest in China ($9.54M), India ($7.05M), United States ($5.49M), Belgium ($4.68M), and Italy ($3.86M).

Between 2021 and 2022, the fastest growing importers of Oleic,linoleic or linolenic acids, salts & esters were Spain ($4.08M), Russia ($3.87M), France ($3.66M), United States ($3.56M), and Brazil ($3.41M).

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Exporters of Oleic,linoleic or linolenic acids, salts & esters (2021 - 2022)

Importers of Oleic,linoleic or linolenic acids, salts & esters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oleic,linoleic or linolenic acids, salts & esters.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Oleic,linoleic or linolenic acids, salts & esters are explained by 17 countries.

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Value of Exports in Oleic,linoleic or linolenic acids, salts & esters

Net Trade

TOP NET EXPORTER (2022)Italy$56.4M
TOP NET IMPORTER (2022)Germany$30.4M

This map shows which countries export or import more of Oleic,linoleic or linolenic acids, salts & esters. Each country is colored based on the difference in exports and imports of Oleic,linoleic or linolenic acids, salts & esters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Oleic,linoleic or linolenic acids, salts & esters were Italy ($56.4M), Belgium ($22.6M), Malaysia ($16M), India ($15.3M), and China ($12.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Oleic,linoleic or linolenic acids, salts & esters were Germany ($30.4M), Spain ($18.2M), Japan ($10.1M), Turkey ($8.06M), and Brazil ($7.6M).

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 Oleic,linoleic or linolenic acids, salts & esters.
It is possible to select the main countries that export or import Oleic,linoleic or linolenic acids, salts & esters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Oleic,linoleic or linolenic acids, salts & esters 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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