Glycerol, crude; glycerol waters and glycerol lyes

1520 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Glycerol. In 2023, Glycerol were the world's 681st most traded product, with a total trade of $2.82B. Between 2022 and 2023 the exports of Glycerol decreased by -44.5%, from $5.09B to $2.82B. Trade in Glycerol represent 0.012% 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 2023 the top exporters of Glycerol  were Indonesia ($905M), Germany ($532M), Malaysia ($316M), Netherlands ($187M), and Brazil ($168M).

Imports In 2023 the top importers of Glycerol were China ($783M), Netherlands ($194M), Denmark ($167M), United States ($146M), and France ($96.7M).

Ranking Glycerol ranks 583rd in the Product Complexity Index (PCI).

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 (2023)Indonesia$905M
Top Destination (2023)China$783M

In 2023 Glycerol were the world's 681st most traded product (out of 1,217).

In 2023, the top exporters of Glycerol were Indonesia ($905M), Germany ($532M), Malaysia ($316M), Netherlands ($187M), and Brazil ($168M).

In 2023, the top importers of Glycerol were China ($783M), Netherlands ($194M), Denmark ($167M), United States ($146M), and France ($96.7M).

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Exporters of Glycerol (2023)
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Importers of Glycerol (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Denmark$12.2M
Top Destination Growth (2022 -  2023)Denmark$48M

Between 2022 and 2023, the exports of Glycerol grew the fastest in Denmark ($12.2M), South Africa ($4.28M), Armenia ($1.2M), Cote d'Ivoire ($604k), and Albania ($353k).

Between 2022 and 2023, the fastest growing importers of Glycerol were Denmark ($48M), Switzerland ($7.99M), Zimbabwe ($3.98M), Slovakia ($917k), and Argentina ($790k).

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Exporters of Glycerol (2022 - 2023)

Importers of Glycerol (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Glycerol are explained by 11 countries.

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Value of Exports in Glycerol

Net Trade

TOP NET EXPORTER (2023)Indonesia$901M
TOP NET IMPORTER (2023)China$772M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glycerol were Indonesia ($901M), Germany ($440M), Malaysia ($246M), Brazil ($156M), and Argentina ($44.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Glycerol were China ($772M), Denmark ($135M), United Kingdom ($78.5M), Japan ($78.5M), and United States ($70.1M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Glycerol, disaggragated by their HS6 level were Glycerol (glycerine), nes including synthetic glycero ($2.01B) and Glycerol (glycerine), crude and glycerol waters... ($811M)

HS6 Disaggregation for Glycerol (2023)
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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 (2023)

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 (2023)

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