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Pricing

Glycerol, crude; glycerol waters and glycerol lyes

1520 (Harmonized System 1992 for 4-digit)

2022
World Trade $4.88BRnk 565 / 1218
2022
Top Exporter | Top Importer $1.58B | $1.34BIndonesia | China
2022
Product Complexity -0.21Rnk 623 / 1033
2021 - 2022
Export Growth (CAGR) 56.1%Rnk 28 / 1218
2022
Share of World Trade 0.021%Rnk 565 / 1218

About

Overview This page contains the latest trade data of Glycerol. In 2022, Glycerol were the world's 565th most traded product, with a total trade of $4.88B. Between 2021 and 2022 the exports of Glycerol grew by 56.1%, from $3.13B to $4.88B. Trade in Glycerol represent 0.021% of total world trade.

Glycerol are a part of Animal or vegetable fats, oils, & waxes. They include Glycerol (glycerine), nes including synthetic glycero and Glycerol (glycerine), crude and glycerol waters & lye.

Exports In 2022 the top exporters of Glycerol  were Indonesia ($1.58B), Malaysia ($652M), Germany ($577M), Brazil ($376M), and Netherlands ($351M).

Imports In 2022 the top importers of Glycerol were China ($1.34B), United States ($388M), Netherlands ($368M), Germany ($214M), and Japan ($168M).

Ranking Glycerol ranks 623rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glycerol. 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)Indonesia$1.58B
Top Destination (2022)China$1.34B

In 2022 Glycerol were the world's 565th most traded product (out of 1,218).

In 2022, the top exporters of Glycerol were Indonesia ($1.58B), Malaysia ($652M), Germany ($577M), Brazil ($376M), and Netherlands ($351M).

In 2022, the top importers of Glycerol were China ($1.34B), United States ($388M), Netherlands ($368M), Germany ($214M), and Japan ($168M).

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Exporters of Glycerol (2022)
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Importers of Glycerol (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$602M
Top Destination Growth (2021 -  2022)China$330M

Between 2021 and 2022, the exports of Glycerol grew the fastest in Indonesia ($602M), Malaysia ($234M), Germany ($231M), Netherlands ($131M), and Brazil ($89.7M).

Between 2021 and 2022, the fastest growing importers of Glycerol were China ($330M), United States ($203M), Netherlands ($198M), Germany ($94.2M), and Japan ($75.2M).

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Exporters of Glycerol (2021 - 2022)

Importers of Glycerol (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glycerol.

In 2022, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Glycerol are explained by 12 countries.

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Value of Exports in Glycerol

Net Trade

TOP NET EXPORTER (2022)Indonesia$1.57B
TOP NET IMPORTER (2022)China$1.32B

This map shows which countries export or import more of Glycerol. Each country is colored based on the difference in exports and imports of Glycerol during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Glycerol were Indonesia ($1.57B), Malaysia ($527M), Brazil ($367M), Germany ($362M), and Argentina ($143M).

In 2022, the countries that had a largest trade value in imports than in exports of Glycerol were China ($1.32B), United States ($240M), Japan ($164M), Mexico ($114M), and Denmark ($111M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Glycerol, disaggragated by their HS6 level were Glycerol (glycerine), nes including synthetic glycero ($3.24B) and Glycerol (glycerine), crude and glycerol waters... ($1.64B)

HS6 Disaggregation for Glycerol (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Glycerol by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $5.17M
TOP IMPORT POTENTIALMalaysia+ $237k

Glycerol’s highest export potential is India. With an export gap of $5.17M.  Glycerol’s highest import potential is Malaysia with an import gap of $237k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Glycerol.

Country by Relatedness

The following visualization shows the relatedness of Glycerol to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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