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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)

2023
World Trade $12.3BRnk 309 / 1217
2023
Top Exporter | Top Importer $2.46B | $2.67BIndonesia | China
2023
Product Complexity -1.04Rnk 865 / 1044
2022 - 2023
Export Growth (CAGR) 6.65%Rnk 211 / 1217
2023
Share of World Trade 0.054%Rnk 309 / 1217

About

Overview This page contains the latest trade data of Other Vegetable Residues. In 2023, Other Vegetable Residues were the world's 309th most traded product, with a total trade of $12.3B. Between 2022 and 2023 the exports of Other Vegetable Residues grew by 6.65%, from $11.5B to $12.3B. Trade in Other Vegetable Residues represent 0.054% 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 2023 the top exporters of Other Vegetable Residues  were Indonesia ($2.46B), Canada ($2.18B), Ukraine ($1.02B), Russia ($795M), and India ($755M).

Imports In 2023 the top importers of Other Vegetable Residues were China ($2.67B), United States ($1.53B), Netherlands ($668M), France ($490M), and South Korea ($485M).

Ranking Other Vegetable Residues ranks 865th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

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 (2023)Indonesia$2.46B
Top Destination (2023)China$2.67B

In 2023 Other Vegetable Residues were the world's 309th most traded product (out of 1,217).

In 2023, the top exporters of Other Vegetable Residues were Indonesia ($2.46B), Canada ($2.18B), Ukraine ($1.02B), Russia ($795M), and India ($755M).

In 2023, the top importers of Other Vegetable Residues were China ($2.67B), United States ($1.53B), Netherlands ($668M), France ($490M), and South Korea ($485M).

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Exporters of Other Vegetable Residues (2023)
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Importers of Other Vegetable Residues (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$207M
Top Destination Growth (2022 -  2023)United States$263M

Between 2022 and 2023, the exports of Other Vegetable Residues grew the fastest in Canada ($207M), Ukraine ($189M), Russia ($147M), India ($85.2M), and Latvia ($66.3M).

Between 2022 and 2023, the fastest growing importers of Other Vegetable Residues were United States ($263M), China ($214M), Spain ($98.1M), Turkey ($96.5M), and Romania ($90.5M).

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Exporters of Other Vegetable Residues (2022 - 2023)

Importers of Other Vegetable Residues (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Other Vegetable Residues are explained by 18 countries.

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Value of Exports in Other Vegetable Residues

Net Trade

TOP NET EXPORTER (2023)Indonesia$2.42B
TOP NET IMPORTER (2023)China$2.62B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Vegetable Residues were Indonesia ($2.42B), Canada ($2.16B), Ukraine ($1.02B), Russia ($794M), and India ($652M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Vegetable Residues were China ($2.62B), United States ($1.49B), South Korea ($484M), Japan ($480M), and Italy ($411M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Vegetable Residues, disaggragated by their HS6 level were Rape or colza seed oil-cake and... ($5.32B), Sunflower seed oil-cake and other solid... ($3.13B), Palm nut or kernel oil cake... ($1.89B), Vegetable oil-cake and other solid residues... ($1.6B), and Coconut or copra oil-cake and other... ($162M)

HS6 Disaggregation for Other Vegetable Residues (2023)
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Country Comparison

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Measure
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.

See methodology.

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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 (2023)

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 (2023)

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