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151511 (Harmonized System 1992 for 6-digit)

2023
World Trade $161MRnk 3817 / 4644
2023
Top Exporter | Top Importer $75.1M | $31.5MBelgium | Norway
2023
Product Complexity -0.68Rnk 3477 / 4656
2022 - 2023
Export Growth (CAGR) -22.5%Rnk 3856 / 4644
2023
Share of World Trade 0.00071%Rnk 3817 / 4644

About

Overview This page contains the latest trade data of Linseed oil, crude. In 2023, Linseed oil, crude were the world's 3817th most traded product, with a total trade of $161M. Between 2022 and 2023 the exports of Linseed oil, crude decreased by -22.5%, from $207M to $161M. Trade in Linseed oil, crude represent 0.00071% of total world trade.

Linseed oil, crude are a part of Other Pure Vegetable Oils.

Exports In 2023 the top exporters of Linseed oil, crude  were Belgium ($75.1M), Russia ($20.2M), Germany ($17.1M), Kazakhstan ($7.39M), and Netherlands ($6.44M).

Imports In 2023 the top importers of Linseed oil, crude were Norway ($31.5M), China ($20.3M), Netherlands ($12.7M), Chile ($12.5M), and Japan ($11.9M).

Ranking Linseed oil, crude ranks 3477th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Linseed oil, crude. 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)Belgium$75.1M
Top Destination (2023)Norway$31.5M

In 2023 Linseed oil, crude were the world's 3817th most traded product (out of 4,644).

In 2023, the top exporters of Linseed oil, crude were Belgium ($75.1M), Russia ($20.2M), Germany ($17.1M), Kazakhstan ($7.39M), and Netherlands ($6.44M).

In 2023, the top importers of Linseed oil, crude were Norway ($31.5M), China ($20.3M), Netherlands ($12.7M), Chile ($12.5M), and Japan ($11.9M).

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Exporters of Linseed oil, crude (2023)
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Importers of Linseed oil, crude (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Philippines$6.19M
Top Destination Growth (2022 -  2023)Chile$9.6M

Between 2022 and 2023, the exports of Linseed oil, crude grew the fastest in Philippines ($6.19M), Ukraine ($2.41M), Belarus ($2.17M), Germany ($2.01M), and Turkey ($1.24M).

Between 2022 and 2023, the fastest growing importers of Linseed oil, crude were Chile ($9.6M), Malaysia ($6.58M), Saudi Arabia ($2.83M), Sweden ($1.07M), and Italy ($1.03M).

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Exporters of Linseed oil, crude (2022 - 2023)

Importers of Linseed oil, crude (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Linseed oil, crude.

In 2023, market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Linseed oil, crude are explained by 8 countries.

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Value of Exports in Linseed oil, crude

Net Trade

TOP NET EXPORTER (2023)Belgium$68.4M
TOP NET IMPORTER (2023)Norway$31.3M

This map shows which countries export or import more of Linseed oil, crude. Each country is colored based on the difference in exports and imports of Linseed oil, crude during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Linseed oil, crude were Belgium ($68.4M), Russia ($20.2M), Kazakhstan ($7.26M), Philippines ($6.2M), and Germany ($6.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Linseed oil, crude were Norway ($31.3M), China ($19.9M), Japan ($11.9M), France ($7.57M), and Malaysia ($6.4M).

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 Linseed oil, crude.
It is possible to select the main countries that export or import Linseed oil, crude in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Linseed oil, crude 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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