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151511 (Harmonized System 1992 for 6-digit)

2022
World Trade $223MRnk 3638 / 4648
2022
Top Exporter | Top Importer $114M | $42.9MBelgium | China
2022
Product Complexity -0.52Rnk 3248 / 4653
2021 - 2022
Export Growth (CAGR) 11.8%Rnk 1428 / 4648
2022
Share of World Trade 0.00094%Rnk 3638 / 4648

About

Overview This page contains the latest trade data of Linseed oil, crude. In 2022, Linseed oil, crude were the world's 3638th most traded product, with a total trade of $223M. Between 2021 and 2022 the exports of Linseed oil, crude grew by 11.8%, from $199M to $223M. Trade in Linseed oil, crude represent 0.00094% of total world trade.

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

Exports In 2022 the top exporters of Linseed oil, crude  were Belgium ($114M), Russia ($43.9M), Kazakhstan ($18M), Germany ($11.1M), and Portugal ($5.45M).

Imports In 2022 the top importers of Linseed oil, crude were China ($42.9M), Norway ($38.6M), Netherlands ($31.6M), Germany ($28.2M), and Japan ($12.9M).

Ranking Linseed oil, crude ranks 3248th in the Product Complexity Index (PCI).

Description -

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 (2022)Belgium$114M
Top Destination (2022)China$42.9M

In 2022 Linseed oil, crude were the world's 3638th most traded product (out of 4,648).

In 2022, the top exporters of Linseed oil, crude were Belgium ($114M), Russia ($43.9M), Kazakhstan ($18M), Germany ($11.1M), and Portugal ($5.45M).

In 2022, the top importers of Linseed oil, crude were China ($42.9M), Norway ($38.6M), Netherlands ($31.6M), Germany ($28.2M), and Japan ($12.9M).

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Exporters of Linseed oil, crude (2022)
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Importers of Linseed oil, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$29.6M
Top Destination Growth (2021 -  2022)Norway$23M

Between 2021 and 2022, the exports of Linseed oil, crude grew the fastest in Belgium ($29.6M), Russia ($5.27M), Portugal ($2.69M), Lithuania ($867k), and Malaysia ($477k).

Between 2021 and 2022, the fastest growing importers of Linseed oil, crude were Norway ($23M), Netherlands ($3.98M), Spain ($2.37M), Chile ($2.31M), and Japan ($1.83M).

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Exporters of Linseed oil, crude (2021 - 2022)

Importers of Linseed oil, crude (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.57. This means that most of the exports of Linseed oil, crude are explained by 5 countries.

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Value of Exports in Linseed oil, crude

Net Trade

TOP NET EXPORTER (2022)Belgium$107M
TOP NET IMPORTER (2022)China$42.4M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Linseed oil, crude were Belgium ($107M), Russia ($43.9M), Kazakhstan ($17.9M), Portugal ($3.68M), and United States ($2.13M).

In 2022, the countries that had a largest trade value in imports than in exports of Linseed oil, crude were China ($42.4M), Norway ($38.5M), Netherlands ($26.7M), Germany ($17.1M), and Japan ($12.8M).

Net Trade (2022)

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 (2022)

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