NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

382319 (Harmonized System 1996 for 6-digit)

2023
World Trade $7.71BRnk 481 / 4766
2023
Top Exporter | Top ImporterfalseN/A | Netherlands
2023
Product Complexity -1.65Rnk 4481 / 4780
2022 - 2023
Export Growth (CAGR) -20.5%Rnk 3833 / 4766
2023
Share of World Trade 0.034%Rnk 481 / 4766

About

Overview This page contains the latest trade data of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids. In 2023, Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were the world's 481st most traded product, with a total trade of $7.71B. Between 2022 and 2023 the exports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids decreased by -20.5%, from $9.7B to $7.71B. Trade in Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids represent 0.034% of total world trade.

Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids are a part of Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols.

Exports In 2023 the top exporters of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids  were N/A.

Imports In 2023 the top importers of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were Netherlands ($1.06B), China ($992M), Italy ($748M), Malaysia ($717M), and India ($424M).

Ranking Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids ranks 4481st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Destination (2023)Netherlands$1.06B

In 2023 Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were the world's 481st most traded product (out of 4,766).

In 2023, the top importers of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were Netherlands ($1.06B), China ($992M), Italy ($748M), Malaysia ($717M), and India ($424M).

Explore Visualizations

Exporters of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids (2023)
[Click to Select a Country]

Importers of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$67.9M
Top Destination Growth (2022 -  2023)Philippines$16.2M

Between 2022 and 2023, the exports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids grew the fastest in Turkey ($67.9M), Brazil ($20M), Croatia ($7.58M), Papua New Guinea ($6.85M), and Spain ($5.81M).

Between 2022 and 2023, the fastest growing importers of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were Philippines ($16.2M), Brazil ($12.1M), Canada ($7.92M), Panama ($3.25M), and Norway ($3.1M).

Explore Visualizations

Exporters of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids (2022 - 2023)

Importers of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids.

In 2023, market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids are explained by 8 countries.

Explore Visualizations

Value of Exports in Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids

Net Trade

TOP NET EXPORTER (2023)Indonesia$3.36B
TOP NET IMPORTER (2023)China$950M

This map shows which countries export or import more of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids. Each country is colored based on the difference in exports and imports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were Indonesia ($3.36B), Malaysia ($834M), Argentina ($222M), Belgium ($110M), and Thailand ($35.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids were China ($950M), Italy ($719M), Netherlands ($394M), United States ($332M), and South Korea ($264M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids.
It is possible to select the main countries that export or import Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial Oils: Other types excluding stearic, oleic, or tall oil fatty acids 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms