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330129 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.12BRnk 1371 / 4644
2023
Top Exporter | Top Importer $313M | $348MFrance | United States
2023
Product Complexity -1.27Rnk 4071 / 4656
2022 - 2023
Export Growth (CAGR) -10.4%Rnk 2761 / 4644
2023
Share of World Trade 0.0094%Rnk 1371 / 4644

About

Overview This page contains the latest trade data of Essential oils, nes. In 2023, Essential oils, nes were the world's 1371st most traded product, with a total trade of $2.12B. Between 2022 and 2023 the exports of Essential oils, nes decreased by -10.4%, from $2.37B to $2.12B. Trade in Essential oils, nes represent 0.0094% of total world trade.

Essential oils, nes are a part of Essential Oils.

Exports In 2023 the top exporters of Essential oils, nes  were France ($313M), United States ($243M), China ($222M), Indonesia ($193M), and India ($133M).

Imports In 2023 the top importers of Essential oils, nes were United States ($348M), France ($262M), India ($152M), China ($119M), and Germany ($113M).

Ranking Essential oils, nes ranks 4071st in the Product Complexity Index (PCI).

Description Essential oils are used to clean the air and surfaces, make the air smell better, make the skin feel better, and for aromatherapy. They are often used in homemade beauty products, as well.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Essential oils, nes. 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)France$313M
Top Destination (2023)United States$348M

In 2023 Essential oils, nes were the world's 1371st most traded product (out of 4,644).

In 2023, the top exporters of Essential oils, nes were France ($313M), United States ($243M), China ($222M), Indonesia ($193M), and India ($133M).

In 2023, the top importers of Essential oils, nes were United States ($348M), France ($262M), India ($152M), China ($119M), and Germany ($113M).

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Exporters of Essential oils, nes (2023)
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Importers of Essential oils, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$19.4M
Top Destination Growth (2022 -  2023)India$34.9M

Between 2022 and 2023, the exports of Essential oils, nes grew the fastest in United Arab Emirates ($19.4M), Turkey ($17.6M), France ($15M), Belgium ($12.4M), and United Kingdom ($8.08M).

Between 2022 and 2023, the fastest growing importers of Essential oils, nes were India ($34.9M), Ireland ($26.3M), Brazil ($10.4M), Italy ($8.49M), and China ($7.27M).

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Exporters of Essential oils, nes (2022 - 2023)

Importers of Essential oils, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Essential oils, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.74. This means that most of the exports of Essential oils, nes are explained by 26 countries.

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Value of Exports in Essential oils, nes

Net Trade

TOP NET EXPORTER (2023)Indonesia$138M
TOP NET IMPORTER (2023)United States$105M

This map shows which countries export or import more of Essential oils, nes. Each country is colored based on the difference in exports and imports of Essential oils, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Essential oils, nes were Indonesia ($138M), China ($103M), Bulgaria ($60.5M), France ($50.6M), and Madagascar ($44.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Essential oils, nes were United States ($105M), Switzerland ($72.5M), Germany ($55.9M), Netherlands ($50.6M), and Japan ($45.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Essential oils, nes 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 (2023)

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