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280440 (Harmonized System 1992 for 6-digit)

2022
World Trade $262MRnk 3525 / 4648
2022
Top Exporter | Top Importer $63.6M | $45.3MBelgium | Netherlands
2022
Product Complexity -0.7Rnk 3481 / 4653
2021 - 2022
Export Growth (CAGR) -7.39%Rnk 3780 / 4648
2022
Share of World Trade 0.0011%Rnk 3525 / 4648

About

Overview This page contains the latest trade data of Oxygen. In 2022, Oxygen were the world's 3525th most traded product, with a total trade of $262M. Between 2021 and 2022 the exports of Oxygen decreased by -7.39%, from $283M to $262M. Trade in Oxygen represent 0.0011% of total world trade.

Oxygen are a part of Hydrogen.

Exports In 2022 the top exporters of Oxygen  were Belgium ($63.6M), France ($30.1M), Kuwait ($17.3M), United States ($12.4M), and Germany ($9.67M).

Imports In 2022 the top importers of Oxygen were Netherlands ($45.3M), Germany ($28.2M), France ($23.3M), Luxembourg ($11.5M), and Greece ($10.6M).

Ranking Oxygen ranks 3481st in the Product Complexity Index (PCI).

Description Oxygen is used as a component in the manufacture of steel and many other metals, as a component in the manufacture of chemicals, as a reactant in the manufacture of many other chemicals, and in the manufacture of fertilizers.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Oxygen. 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)Belgium$63.6M
Top Destination (2022)Netherlands$45.3M

In 2022 Oxygen were the world's 3525th most traded product (out of 4,648).

In 2022, the top exporters of Oxygen were Belgium ($63.6M), France ($30.1M), Kuwait ($17.3M), United States ($12.4M), and Germany ($9.67M).

In 2022, the top importers of Oxygen were Netherlands ($45.3M), Germany ($28.2M), France ($23.3M), Luxembourg ($11.5M), and Greece ($10.6M).

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Exporters of Oxygen (2022)
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Importers of Oxygen (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$18.8M
Top Destination Growth (2021 -  2022)Netherlands$11.8M

Between 2021 and 2022, the exports of Oxygen grew the fastest in Belgium ($18.8M), France ($8.43M), Kuwait ($5.78M), Bulgaria ($2.64M), and Denmark ($1.27M).

Between 2021 and 2022, the fastest growing importers of Oxygen were Netherlands ($11.8M), Luxembourg ($8.04M), France ($7.86M), Germany ($5.63M), and Saudi Arabia ($5.42M).

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Exporters of Oxygen (2021 - 2022)

Importers of Oxygen (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oxygen.

In 2022, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Oxygen are explained by 25 countries.

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Value of Exports in Oxygen

Net Trade

TOP NET EXPORTER (2022)Belgium$59.6M
TOP NET IMPORTER (2022)Netherlands$39.9M

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

In 2022, the countries that had a largest trade value in exports than in imports of Oxygen were Belgium ($59.6M), Kuwait ($17.3M), United States ($10.2M), France ($6.75M), and Portugal ($6.57M).

In 2022, the countries that had a largest trade value in imports than in exports of Oxygen were Netherlands ($39.9M), Germany ($18.5M), Luxembourg ($11.4M), Greece ($10.1M), and Jordan ($8.82M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Oxygen 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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