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151519 (Harmonized System 1992 for 6-digit)

2022
World Trade $187MRnk 3768 / 4648
2022
Top Exporter | Top Importer $55.7M | $27.6MBelgium | Ireland
2022
Product Complexity -0.52Rnk 3245 / 4653
2021 - 2022
Export Growth (CAGR) 0.45%Rnk 2879 / 4648
2022
Share of World Trade 0.00079%Rnk 3768 / 4648

About

Overview This page contains the latest trade data of Linseed oil,fractions, refined not chemically modifie. In 2022, Linseed oil,fractions, refined not chemically modifie were the world's 3768th most traded product, with a total trade of $187M. Between 2021 and 2022 the exports of Linseed oil,fractions, refined not chemically modifie grew by 0.45%, from $186M to $187M. Trade in Linseed oil,fractions, refined not chemically modifie represent 0.00079% of total world trade.

Linseed oil,fractions, refined not chemically modifie are a part of Other Pure Vegetable Oils.

Exports In 2022 the top exporters of Linseed oil,fractions, refined not chemically modifie  were Belgium ($55.7M), United Kingdom ($28.2M), Turkey ($15.2M), Spain ($13.7M), and Germany ($10.4M).

Imports In 2022 the top importers of Linseed oil,fractions, refined not chemically modifie were Ireland ($27.6M), United States ($26.8M), Germany ($13.1M), Portugal ($7.36M), and South Korea ($7.16M).

Ranking Linseed oil,fractions, refined not chemically modifie ranks 3245th 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,fractions, refined not chemically modifie. 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$55.7M
Top Destination (2022)Ireland$27.6M

In 2022 Linseed oil,fractions, refined not chemically modifie were the world's 3768th most traded product (out of 4,648).

In 2022, the top exporters of Linseed oil,fractions, refined not chemically modifie were Belgium ($55.7M), United Kingdom ($28.2M), Turkey ($15.2M), Spain ($13.7M), and Germany ($10.4M).

In 2022, the top importers of Linseed oil,fractions, refined not chemically modifie were Ireland ($27.6M), United States ($26.8M), Germany ($13.1M), Portugal ($7.36M), and South Korea ($7.16M).

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Exporters of Linseed oil,fractions, refined not chemically modifie (2022)
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Importers of Linseed oil,fractions, refined not chemically modifie (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$25.9M
Top Destination Growth (2021 -  2022)Ireland$25.9M

Between 2021 and 2022, the exports of Linseed oil,fractions, refined not chemically modifie grew the fastest in United Kingdom ($25.9M), Turkey ($12.2M), Spain ($8.65M), Italy ($4.36M), and China ($1.58M).

Between 2021 and 2022, the fastest growing importers of Linseed oil,fractions, refined not chemically modifie were Ireland ($25.9M), United States ($16.7M), Portugal ($5.12M), Belgium ($3.96M), and France ($2.55M).

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Exporters of Linseed oil,fractions, refined not chemically modifie (2021 - 2022)

Importers of Linseed oil,fractions, refined not chemically modifie (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Linseed oil,fractions, refined not chemically modifie.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Linseed oil,fractions, refined not chemically modifie are explained by 13 countries.

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Value of Exports in Linseed oil,fractions, refined not chemically modifie

Net Trade

TOP NET EXPORTER (2022)Belgium$49.5M
TOP NET IMPORTER (2022)Ireland$26.6M

This map shows which countries export or import more of Linseed oil,fractions, refined not chemically modifie. Each country is colored based on the difference in exports and imports of Linseed oil,fractions, refined not chemically modifie during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Linseed oil,fractions, refined not chemically modifie were Belgium ($49.5M), United Kingdom ($23.1M), Turkey ($15.1M), Spain ($9.87M), and Canada ($5.29M).

In 2022, the countries that had a largest trade value in imports than in exports of Linseed oil,fractions, refined not chemically modifie were Ireland ($26.6M), United States ($17.7M), Portugal ($7.33M), South Korea ($7.09M), and Norway ($6.48M).

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,fractions, refined not chemically modifie.
It is possible to select the main countries that export or import Linseed oil,fractions, refined not chemically modifie in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Linseed oil,fractions, refined not chemically modifie 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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