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330190 (Harmonized System 1992 for 6-digit)

2023
World Trade $955MRnk 2161 / 4644
2023
Top Exporter | Top Importer $310M | $136MIndia | United States
2023
Product Complexity -0.85Rnk 3669 / 4656
2022 - 2023
Export Growth (CAGR) -16.4%Rnk 3369 / 4644
2023
Share of World Trade 0.0042%Rnk 2161 / 4644

About

Overview This page contains the latest trade data of Essential oils, terpenic by-products etc., nes. In 2023, Essential oils, terpenic by-products etc., nes were the world's 2161st most traded product, with a total trade of $955M. Between 2022 and 2023 the exports of Essential oils, terpenic by-products etc., nes decreased by -16.4%, from $1.14B to $955M. Trade in Essential oils, terpenic by-products etc., nes represent 0.0042% of total world trade.

Essential oils, terpenic by-products etc., nes are a part of Essential Oils.

Exports In 2023 the top exporters of Essential oils, terpenic by-products etc., nes  were India ($310M), United States ($93.9M), China ($87.7M), France ($81.7M), and Brazil ($49.2M).

Imports In 2023 the top importers of Essential oils, terpenic by-products etc., nes were United States ($136M), India ($90.3M), Germany ($46.3M), United Kingdom ($42.4M), and China ($41.3M).

Ranking Essential oils, terpenic by-products etc., nes ranks 3669th in the Product Complexity Index (PCI).

Description Essential oils are the concentrated, volatile, aromatic liquids that are produced by plants. They are usually extracted by distillation, often by steam or water. Other extraction methods include expression, solvent extraction, and enfleurage. Terpenic by-products are substances found in plants that are not essential oils, but have similar properties. They include terpenes, resin, and terpenoids.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Essential oils, terpenic by-products etc., 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)India$310M
Top Destination (2023)United States$136M

In 2023 Essential oils, terpenic by-products etc., nes were the world's 2161st most traded product (out of 4,644).

In 2023, the top exporters of Essential oils, terpenic by-products etc., nes were India ($310M), United States ($93.9M), China ($87.7M), France ($81.7M), and Brazil ($49.2M).

In 2023, the top importers of Essential oils, terpenic by-products etc., nes were United States ($136M), India ($90.3M), Germany ($46.3M), United Kingdom ($42.4M), and China ($41.3M).

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Exporters of Essential oils, terpenic by-products etc., nes (2023)
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Importers of Essential oils, terpenic by-products etc., nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$43.6M
Top Destination Growth (2022 -  2023)Netherlands$4.07M

Between 2022 and 2023, the exports of Essential oils, terpenic by-products etc., nes grew the fastest in France ($43.6M), Turkey ($5.04M), Peru ($2.87M), Mexico ($1.88M), and Israel ($1.48M).

Between 2022 and 2023, the fastest growing importers of Essential oils, terpenic by-products etc., nes were Netherlands ($4.07M), Thailand ($3.38M), Tanzania ($2.92M), Ireland ($2.83M), and Burma ($1.68M).

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Exporters of Essential oils, terpenic by-products etc., nes (2022 - 2023)

Importers of Essential oils, terpenic by-products etc., nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Essential oils, terpenic by-products etc., nes.

In 2023, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Essential oils, terpenic by-products etc., nes are explained by 16 countries.

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Value of Exports in Essential oils, terpenic by-products etc., nes

Net Trade

TOP NET EXPORTER (2023)India$220M
TOP NET IMPORTER (2023)United States$42.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Essential oils, terpenic by-products etc., nes were India ($220M), China ($46.4M), France ($42.1M), Brazil ($40.3M), and Bulgaria ($9.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Essential oils, terpenic by-products etc., nes were United States ($42.1M), South Korea ($31M), Saudi Arabia ($21.6M), United Kingdom ($17.7M), and Netherlands ($17.7M).

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

Top 10 Exporters Countries of Essential oils, terpenic by-products etc., 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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