Overview: In 2018, Essential Oils were the world's 450th most traded product, with a total trade of $6.22B. Between 2017 and 2018 the exports of Essential Oils grew by 14.3%, from $5.44B to $6.22B. Trade in Essential Oils represent 0.034% of total world trade.
Exports: In 2018 the top exporters of Essential Oils were India ($823M), United States ($782M), China ($564M), France ($513M), and Brazil ($443M).
Imports: In 2018 the top importers of Essential Oils were United States ($1.4B), France ($522M), Germany ($412M), United Kingdom ($322M), and China ($310M).
Tariffs: In 2018 the average tariff for Essential Oils was 7.32%, been the 596 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Essential Oils are Romania (42.1%), Bahamas (41.2%), Cambodia (35%), Sudan (35%), and South Korea (34.4%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Essential Oils ranks 913th in the Product Complexity Index (PCI).