151329 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Palm kernel & babassu oil, fractions, simply refined. In 2022, Palm kernel & babassu oil, fractions, simply refined were the world's 1105th most traded product, with a total trade of $3.24B. Between 2021 and 2022 the exports of Palm kernel & babassu oil, fractions, simply refined grew by 11.7%, from $2.9B to $3.24B. Trade in Palm kernel & babassu oil, fractions, simply refined represent 0.014% of total world trade.

Palm kernel & babassu oil, fractions, simply refined are a part of Coconut Oil.

Exports In 2022 the top exporters of Palm kernel & babassu oil, fractions, simply refined  were Indonesia ($2.08B), Malaysia ($827M), Netherlands ($77.5M), Germany ($57.6M), and United States ($33.8M).

Imports In 2022 the top importers of Palm kernel & babassu oil, fractions, simply refined were United States ($645M), China ($604M), Brazil ($396M), Netherlands ($207M), and Germany ($151M).

Ranking Palm kernel & babassu oil, fractions, simply refined ranks 4589th in the Product Complexity Index (PCI).

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Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Palm kernel & babassu oil, fractions, simply refined. 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$2.08B
Top Destination (2022)United States$645M

In 2022 Palm kernel & babassu oil, fractions, simply refined were the world's 1105th most traded product (out of 4,648).

In 2022, the top exporters of Palm kernel & babassu oil, fractions, simply refined were Indonesia ($2.08B), Malaysia ($827M), Netherlands ($77.5M), Germany ($57.6M), and United States ($33.8M).

In 2022, the top importers of Palm kernel & babassu oil, fractions, simply refined were United States ($645M), China ($604M), Brazil ($396M), Netherlands ($207M), and Germany ($151M).

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Exporters of Palm kernel & babassu oil, fractions, simply refined (2022)
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Importers of Palm kernel & babassu oil, fractions, simply refined (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Malaysia$174M
Top Destination Growth (2021 -  2022)United States$191M

Between 2021 and 2022, the exports of Palm kernel & babassu oil, fractions, simply refined grew the fastest in Malaysia ($174M), Indonesia ($141M), Netherlands ($17.5M), Germany ($17.4M), and Estonia ($16.1M).

Between 2021 and 2022, the fastest growing importers of Palm kernel & babassu oil, fractions, simply refined were United States ($191M), Brazil ($94.6M), Turkey ($34.5M), Germany ($30.8M), and Russia ($29.8M).

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Exporters of Palm kernel & babassu oil, fractions, simply refined (2021 - 2022)

Importers of Palm kernel & babassu oil, fractions, simply refined (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Palm kernel & babassu oil, fractions, simply refined.

In 2022, market concentration measured using Shannon Entropy, was 1.64. This means that most of the exports of Palm kernel & babassu oil, fractions, simply refined are explained by 3 countries.

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Value of Exports in Palm kernel & babassu oil, fractions, simply refined

Net Trade

TOP NET EXPORTER (2022)Indonesia$2.08B
TOP NET IMPORTER (2022)United States$611M

This map shows which countries export or import more of Palm kernel & babassu oil, fractions, simply refined. Each country is colored based on the difference in exports and imports of Palm kernel & babassu oil, fractions, simply refined during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Palm kernel & babassu oil, fractions, simply refined were Indonesia ($2.08B), Malaysia ($722M), Colombia ($27.6M), Singapore ($15.4M), and Peru ($7.62M).

In 2022, the countries that had a largest trade value in imports than in exports of Palm kernel & babassu oil, fractions, simply refined were United States ($611M), China ($604M), Brazil ($390M), Russia ($143M), and Japan ($133M).

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 Palm kernel & babassu oil, fractions, simply refined.
It is possible to select the main countries that export or import Palm kernel & babassu oil, fractions, simply refined in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Palm kernel & babassu oil, fractions, simply refined 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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