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230660 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.89BRnk 1475 / 4644
2023
Top Exporter | Top Importer $1.3B | $446MIndonesia | Japan
2023
Product Complexity -1.44Rnk 4226 / 4656
2022 - 2023
Export Growth (CAGR) -15.5%Rnk 3282 / 4644
2023
Share of World Trade 0.0084%Rnk 1475 / 4644

About

Overview This page contains the latest trade data of Palm nut or kernel oil cake and other solid residues. In 2023, Palm nut or kernel oil cake and other solid residues were the world's 1475th most traded product, with a total trade of $1.89B. Between 2022 and 2023 the exports of Palm nut or kernel oil cake and other solid residues decreased by -15.5%, from $2.24B to $1.89B. Trade in Palm nut or kernel oil cake and other solid residues represent 0.0084% of total world trade.

Palm nut or kernel oil cake and other solid residues are a part of Other Vegetable Residues.

Exports In 2023 the top exporters of Palm nut or kernel oil cake and other solid residues  were Indonesia ($1.3B), Malaysia ($482M), Netherlands ($43M), Cote d'Ivoire ($11.2M), and Germany ($9.78M).

Imports In 2023 the top importers of Palm nut or kernel oil cake and other solid residues were Japan ($446M), New Zealand ($328M), China ($256M), South Korea ($172M), and Netherlands ($160M).

Ranking Palm nut or kernel oil cake and other solid residues ranks 4226th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Palm nut or kernel oil cake and other solid residues. 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)Indonesia$1.3B
Top Destination (2023)Japan$446M

In 2023 Palm nut or kernel oil cake and other solid residues were the world's 1475th most traded product (out of 4,644).

In 2023, the top exporters of Palm nut or kernel oil cake and other solid residues were Indonesia ($1.3B), Malaysia ($482M), Netherlands ($43M), Cote d'Ivoire ($11.2M), and Germany ($9.78M).

In 2023, the top importers of Palm nut or kernel oil cake and other solid residues were Japan ($446M), New Zealand ($328M), China ($256M), South Korea ($172M), and Netherlands ($160M).

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Exporters of Palm nut or kernel oil cake and other solid residues (2023)
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Importers of Palm nut or kernel oil cake and other solid residues (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$8.92M
Top Destination Growth (2022 -  2023)China$47.3M

Between 2022 and 2023, the exports of Palm nut or kernel oil cake and other solid residues grew the fastest in India ($8.92M), Thailand ($4.15M), Belgium ($2.4M), France ($1.47M), and Portugal ($1.46M).

Between 2022 and 2023, the fastest growing importers of Palm nut or kernel oil cake and other solid residues were China ($47.3M), Spain ($20M), Thailand ($19.9M), Australia ($12.2M), and Germany ($11.6M).

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Exporters of Palm nut or kernel oil cake and other solid residues (2022 - 2023)

Importers of Palm nut or kernel oil cake and other solid residues (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Palm nut or kernel oil cake and other solid residues.

In 2023, market concentration measured using Shannon Entropy, was 1.34. This means that most of the exports of Palm nut or kernel oil cake and other solid residues are explained by 2 countries.

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Value of Exports in Palm nut or kernel oil cake and other solid residues

Net Trade

TOP NET EXPORTER (2023)Indonesia$1.3B
TOP NET IMPORTER (2023)China$256M

This map shows which countries export or import more of Palm nut or kernel oil cake and other solid residues. Each country is colored based on the difference in exports and imports of Palm nut or kernel oil cake and other solid residues during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Palm nut or kernel oil cake and other solid residues were Indonesia ($1.3B), Malaysia ($482M), Cote d'Ivoire ($11.2M), India ($8.17M), and Slovenia ($6.16M).

In 2023, the countries that had a largest trade value in imports than in exports of Palm nut or kernel oil cake and other solid residues were China ($256M), Netherlands ($117M), Vietnam ($91.8M), United Kingdom ($67.5M), and Thailand ($53.8M).

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 Palm nut or kernel oil cake and other solid residues.
It is possible to select the main countries that export or import Palm nut or kernel oil cake and other solid residues in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Palm nut or kernel oil cake and other solid residues 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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