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330124 (Harmonized System 1992 for 6-digit)

2023
World Trade $170MRnk 3781 / 4644
2023
Top Exporter | Top Importer $68.3M | $29MUnited States | United States
2023
Product Complexity -0.12Rnk 2707 / 4656
2022 - 2023
Export Growth (CAGR) -1.97%Rnk 1758 / 4644
2023
Share of World Trade 0.00075%Rnk 3781 / 4644

About

Overview This page contains the latest trade data of Essential oils of peppermint. In 2023, Essential oils of peppermint were the world's 3781st most traded product, with a total trade of $170M. Between 2022 and 2023 the exports of Essential oils of peppermint decreased by -1.97%, from $173M to $170M. Trade in Essential oils of peppermint represent 0.00075% of total world trade.

Essential oils of peppermint are a part of Essential Oils.

Exports In 2023 the top exporters of Essential oils of peppermint  were United States ($68.3M), India ($54.7M), China ($10.1M), Germany ($9.11M), and United Kingdom ($4.41M).

Imports In 2023 the top importers of Essential oils of peppermint were United States ($29M), Germany ($17.4M), Japan ($10.3M), Netherlands ($9.68M), and China ($9.29M).

Ranking Essential oils of peppermint ranks 2707th in the Product Complexity Index (PCI).

Description Peppermint essential oils are used in aromatherapy and in making household products such as soaps and shampoos.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Essential oils of peppermint. 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)United States$68.3M
Top Destination (2023)United States$29M

In 2023 Essential oils of peppermint were the world's 3781st most traded product (out of 4,644).

In 2023, the top exporters of Essential oils of peppermint were United States ($68.3M), India ($54.7M), China ($10.1M), Germany ($9.11M), and United Kingdom ($4.41M).

In 2023, the top importers of Essential oils of peppermint were United States ($29M), Germany ($17.4M), Japan ($10.3M), Netherlands ($9.68M), and China ($9.29M).

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Exporters of Essential oils of peppermint (2023)
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Importers of Essential oils of peppermint (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$2.52M
Top Destination Growth (2022 -  2023)United States$3.78M

Between 2022 and 2023, the exports of Essential oils of peppermint grew the fastest in India ($2.52M), Ireland ($1.53M), France ($1.08M), Malaysia ($850k), and United Kingdom ($687k).

Between 2022 and 2023, the fastest growing importers of Essential oils of peppermint were United States ($3.78M), Netherlands ($1.46M), Brazil ($1.05M), Thailand ($1.04M), and South Korea ($998k).

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Exporters of Essential oils of peppermint (2022 - 2023)

Importers of Essential oils of peppermint (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.62. This means that most of the exports of Essential oils of peppermint are explained by 6 countries.

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Value of Exports in Essential oils of peppermint

Net Trade

TOP NET EXPORTER (2023)India$49.8M
TOP NET IMPORTER (2023)Japan$10M

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

In 2023, the countries that had a largest trade value in exports than in imports of Essential oils of peppermint were India ($49.8M), United States ($39.3M), Croatia ($910k), Ireland ($880k), and China ($845k).

In 2023, the countries that had a largest trade value in imports than in exports of Essential oils of peppermint were Japan ($10M), Netherlands ($8.78M), Hong Kong ($8.59M), Germany ($8.24M), and Indonesia ($7.59M).

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 of peppermint.
It is possible to select the main countries that export or import Essential oils of peppermint in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Essential oils of peppermint 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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