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Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils other than those of heading no. 2304 or 2305

2306 (Harmonized System 1992 for 4-digit)

2022
World Trade $11.2BRnk 345 / 1218
2022
Top Exporter | Top Importer $2.39B | $2.4BIndonesia | China
2022
Product Complexity -1.23Rnk 904 / 1033
2021 - 2022
Export Growth (CAGR) 13.9%Rnk 296 / 1218
2022
Share of World Trade 0.047%Rnk 345 / 1218

About

Overview This page contains the latest trade data of Other Vegetable Residues. In 2022, Other Vegetable Residues were the world's 345th most traded product, with a total trade of $11.2B. Between 2021 and 2022 the exports of Other Vegetable Residues grew by 13.9%, from $9.87B to $11.2B. Trade in Other Vegetable Residues represent 0.047% of total world trade.

Other Vegetable Residues are a part of Food residues & wastes; animal fodder. They include Rape or colza seed oil-cake and other solid residues, Sunflower seed oil-cake and other solid residues, Palm nut or kernel oil cake and other solid residues, Vegetable oil-cake and other solid residues nes, Coconut or copra oil-cake and other solid residues, Cotton seed oil-cake and other solid residues, and Linseed oil-cake and other solid residues.

Exports In 2022 the top exporters of Other Vegetable Residues  were Indonesia ($2.39B), Canada ($1.94B), Ukraine ($785M), India ($665M), and Germany ($602M).

Imports In 2022 the top importers of Other Vegetable Residues were China ($2.4B), United States ($1.28B), Netherlands ($843M), South Korea ($531M), and New Zealand ($466M).

Ranking Other Vegetable Residues ranks 904th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Vegetable Residues. 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)Indonesia$2.39B
Top Destination (2022)China$2.4B

In 2022 Other Vegetable Residues were the world's 345th most traded product (out of 1,218).

In 2022, the top exporters of Other Vegetable Residues were Indonesia ($2.39B), Canada ($1.94B), Ukraine ($785M), India ($665M), and Germany ($602M).

In 2022, the top importers of Other Vegetable Residues were China ($2.4B), United States ($1.28B), Netherlands ($843M), South Korea ($531M), and New Zealand ($466M).

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Exporters of Other Vegetable Residues (2022)
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Importers of Other Vegetable Residues (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$1.04B
Top Destination Growth (2021 -  2022)China$824M

Between 2021 and 2022, the exports of Other Vegetable Residues grew the fastest in Indonesia ($1.04B), Canada ($230M), India ($184M), Bulgaria ($114M), and Belgium ($73.3M).

Between 2021 and 2022, the fastest growing importers of Other Vegetable Residues were China ($824M), South Korea ($157M), Japan ($149M), New Zealand ($121M), and Netherlands ($98.4M).

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Exporters of Other Vegetable Residues (2021 - 2022)

Importers of Other Vegetable Residues (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Vegetable Residues.

In 2022, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Other Vegetable Residues are explained by 19 countries.

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Value of Exports in Other Vegetable Residues

Net Trade

TOP NET EXPORTER (2022)Indonesia$2.36B
TOP NET IMPORTER (2022)China$2.36B

This map shows which countries export or import more of Other Vegetable Residues. Each country is colored based on the difference in exports and imports of Other Vegetable Residues during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Vegetable Residues were Indonesia ($2.36B), Canada ($1.93B), Ukraine ($784M), Russia ($558M), and India ($503M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Vegetable Residues were China ($2.36B), United States ($1.24B), Netherlands ($562M), South Korea ($531M), and New Zealand ($466M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Vegetable Residues, disaggragated by their HS6 level were Rape or colza seed oil-cake and... ($4.66B), Sunflower seed oil-cake and other solid... ($2.82B), Palm nut or kernel oil cake... ($1.99B), Vegetable oil-cake and other solid residues... ($1.34B), and Coconut or copra oil-cake and other... ($197M)

HS6 Disaggregation for Other Vegetable Residues (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Vegetable Residues.
It is possible to select the main countries that export or import Other Vegetable Residues in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Vegetable Residues by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $6.29M
TOP IMPORT POTENTIALIndia+ $960k

Other Vegetable Residues’s highest export potential is United Kingdom. With an export gap of $6.29M.  Other Vegetable Residues’s highest import potential is India with an import gap of $960k.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Vegetable Residues.

Country by Relatedness

The following visualization shows the relatedness of Other Vegetable Residues to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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