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382370 (Harmonized System 1996 for 6-digit)

2023
World Trade $3.72BRnk 962 / 4766
2023
Top Exporter | Top ImporterfalseN/A | China
2023
Product Complexity 0.13Rnk 2376 / 4780
2022 - 2023
Export Growth (CAGR) -28.8%Rnk 4305 / 4766
2023
Share of World Trade 0.016%Rnk 962 / 4766

About

Overview This page contains the latest trade data of Industrial fatty alcohols. In 2023, Industrial fatty alcohols were the world's 962nd most traded product, with a total trade of $3.72B. Between 2022 and 2023 the exports of Industrial fatty alcohols decreased by -28.8%, from $5.22B to $3.72B. Trade in Industrial fatty alcohols represent 0.016% of total world trade.

Industrial fatty alcohols are a part of Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols.

Exports In 2023 the top exporters of Industrial fatty alcohols  were N/A.

Imports In 2023 the top importers of Industrial fatty alcohols were China ($916M), Netherlands ($366M), United States ($264M), India ($209M), and Germany ($181M).

Ranking Industrial fatty alcohols ranks 2376th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Industrial fatty alcohols. 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 Destination (2023)China$916M

In 2023 Industrial fatty alcohols were the world's 962nd most traded product (out of 4,766).

In 2023, the top importers of Industrial fatty alcohols were China ($916M), Netherlands ($366M), United States ($264M), India ($209M), and Germany ($181M).

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Exporters of Industrial fatty alcohols (2023)
[Click to Select a Country]

Importers of Industrial fatty alcohols (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Saudi Arabia$8.12M
Top Destination Growth (2022 -  2023)United Arab Emirates$6.43M

Between 2022 and 2023, the exports of Industrial fatty alcohols grew the fastest in Saudi Arabia ($8.12M), Bulgaria ($1.5M), Sweden ($1.11M), Switzerland ($750k), and Colombia ($494k).

Between 2022 and 2023, the fastest growing importers of Industrial fatty alcohols were United Arab Emirates ($6.43M), Finland ($1.38M), Slovenia ($813k), Ireland ($473k), and Kazakhstan ($333k).

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Exporters of Industrial fatty alcohols (2022 - 2023)

Importers of Industrial fatty alcohols (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial fatty alcohols.

In 2023, market concentration measured using Shannon Entropy, was 3.12. This means that most of the exports of Industrial fatty alcohols are explained by 8 countries.

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Value of Exports in Industrial fatty alcohols

Net Trade

TOP NET EXPORTER (2023)Indonesia$1.25B
TOP NET IMPORTER (2023)China$890M

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

In 2023, the countries that had a largest trade value in exports than in imports of Industrial fatty alcohols were Indonesia ($1.25B), Malaysia ($474M), Germany ($294M), South Africa ($96.7M), and United States ($56.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial fatty alcohols were China ($890M), Singapore ($132M), Belgium ($129M), India ($117M), and United Kingdom ($116M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Industrial fatty alcohols 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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