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151321 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.49BRnk 1773 / 4648
2022
Top Exporter | Top Importer $516M | $387MMalaysia | Netherlands
2022
Product Complexity -2.56Rnk 4619 / 4653
2021 - 2022
Export Growth (CAGR) 3.3%Rnk 2484 / 4648
2022
Share of World Trade 0.0063%Rnk 1773 / 4648

About

Overview This page contains the latest trade data of Palm kernel or babassu oil, crude. In 2022, Palm kernel or babassu oil, crude were the world's 1773rd most traded product, with a total trade of $1.49B. Between 2021 and 2022 the exports of Palm kernel or babassu oil, crude grew by 3.3%, from $1.44B to $1.49B. Trade in Palm kernel or babassu oil, crude represent 0.0063% of total world trade.

Palm kernel or babassu oil, crude are a part of Coconut Oil.

Exports In 2022 the top exporters of Palm kernel or babassu oil, crude  were Malaysia ($516M), Thailand ($181M), Colombia ($126M), Indonesia ($125M), and Papua New Guinea ($121M).

Imports In 2022 the top importers of Palm kernel or babassu oil, crude were Netherlands ($387M), Malaysia ($249M), Germany ($201M), India ($114M), and China ($103M).

Ranking Palm kernel or babassu oil, crude ranks 4619th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Palm kernel or babassu oil, crude. 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)Malaysia$516M
Top Destination (2022)Netherlands$387M

In 2022 Palm kernel or babassu oil, crude were the world's 1773rd most traded product (out of 4,648).

In 2022, the top exporters of Palm kernel or babassu oil, crude were Malaysia ($516M), Thailand ($181M), Colombia ($126M), Indonesia ($125M), and Papua New Guinea ($121M).

In 2022, the top importers of Palm kernel or babassu oil, crude were Netherlands ($387M), Malaysia ($249M), Germany ($201M), India ($114M), and China ($103M).

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Exporters of Palm kernel or babassu oil, crude (2022)
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Importers of Palm kernel or babassu oil, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Colombia$38M
Top Destination Growth (2021 -  2022)Germany$49.3M

Between 2021 and 2022, the exports of Palm kernel or babassu oil, crude grew the fastest in Colombia ($38M), Papua New Guinea ($32.8M), Philippines ($22.6M), Nigeria ($18.1M), and Guatemala ($15.1M).

Between 2021 and 2022, the fastest growing importers of Palm kernel or babassu oil, crude were Germany ($49.3M), China ($19.8M), Spain ($18.3M), Belgium ($12.3M), and Kuwait ($8.14M).

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Exporters of Palm kernel or babassu oil, crude (2021 - 2022)

Importers of Palm kernel or babassu oil, crude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Palm kernel or babassu oil, crude.

In 2022, market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Palm kernel or babassu oil, crude are explained by 10 countries.

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Value of Exports in Palm kernel or babassu oil, crude

Net Trade

TOP NET EXPORTER (2022)Malaysia$267M
TOP NET IMPORTER (2022)Netherlands$353M

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

In 2022, the countries that had a largest trade value in exports than in imports of Palm kernel or babassu oil, crude were Malaysia ($267M), Thailand ($181M), Indonesia ($125M), Papua New Guinea ($121M), and Colombia ($121M).

In 2022, the countries that had a largest trade value in imports than in exports of Palm kernel or babassu oil, crude were Netherlands ($353M), Germany ($192M), India ($114M), China ($102M), and Mexico ($86.7M).

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

Top 10 Exporters Countries of Palm kernel or babassu oil, crude 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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