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150890 (Harmonized System 1992 for 6-digit)

2023
World Trade $127MRnk 3944 / 4644
2023
Top Exporter | Top Importer $28M | $21.6MBelgium | Hong Kong
2023
Product Complexity -0.31Rnk 2986 / 4656
2022 - 2023
Export Growth (CAGR) -8.26%Rnk 2503 / 4644
2023
Share of World Trade 0.00056%Rnk 3944 / 4644

About

Overview This page contains the latest trade data of Refined ground-nut oil not chemically modified. In 2023, Refined ground-nut oil not chemically modified were the world's 3944th most traded product, with a total trade of $127M. Between 2022 and 2023 the exports of Refined ground-nut oil not chemically modified decreased by -8.26%, from $139M to $127M. Trade in Refined ground-nut oil not chemically modified represent 0.00056% of total world trade.

Refined ground-nut oil not chemically modified are a part of Ground Nut Oil.

Exports In 2023 the top exporters of Refined ground-nut oil not chemically modified  were Belgium ($28M), China ($22.9M), Brazil ($19.5M), United States ($14.5M), and India ($9.15M).

Imports In 2023 the top importers of Refined ground-nut oil not chemically modified were Hong Kong ($21.6M), China ($16.7M), Canada ($10.8M), United Kingdom ($10.5M), and Germany ($7.81M).

Ranking Refined ground-nut oil not chemically modified ranks 2986th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Refined ground-nut oil not chemically modified. 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$28M
Top Destination (2023)Hong Kong$21.6M

In 2023 Refined ground-nut oil not chemically modified were the world's 3944th most traded product (out of 4,644).

In 2023, the top exporters of Refined ground-nut oil not chemically modified were Belgium ($28M), China ($22.9M), Brazil ($19.5M), United States ($14.5M), and India ($9.15M).

In 2023, the top importers of Refined ground-nut oil not chemically modified were Hong Kong ($21.6M), China ($16.7M), Canada ($10.8M), United Kingdom ($10.5M), and Germany ($7.81M).

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Exporters of Refined ground-nut oil not chemically modified (2023)
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Importers of Refined ground-nut oil not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$2.32M
Top Destination Growth (2022 -  2023)Canada$3.3M

Between 2022 and 2023, the exports of Refined ground-nut oil not chemically modified grew the fastest in Belgium ($2.32M), United States ($2.13M), Germany ($659k), Chile ($658k), and Chinese Taipei ($639k).

Between 2022 and 2023, the fastest growing importers of Refined ground-nut oil not chemically modified were Canada ($3.3M), United States ($1.99M), Germany ($1.08M), Norway ($1.04M), and France ($996k).

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Exporters of Refined ground-nut oil not chemically modified (2022 - 2023)

Importers of Refined ground-nut oil not chemically modified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Refined ground-nut oil not chemically modified.

In 2023, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Refined ground-nut oil not chemically modified are explained by 10 countries.

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Value of Exports in Refined ground-nut oil not chemically modified

Net Trade

TOP NET EXPORTER (2023)Belgium$26.3M
TOP NET IMPORTER (2023)Hong Kong$17.4M

This map shows which countries export or import more of Refined ground-nut oil not chemically modified. Each country is colored based on the difference in exports and imports of Refined ground-nut oil not chemically modified during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Refined ground-nut oil not chemically modified were Belgium ($26.3M), Brazil ($18.4M), India ($9M), United States ($7.84M), and China ($6.21M).

In 2023, the countries that had a largest trade value in imports than in exports of Refined ground-nut oil not chemically modified were Hong Kong ($17.4M), Canada ($10.8M), United Kingdom ($10.1M), Germany ($4.38M), and Norway ($4.14M).

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 Refined ground-nut oil not chemically modified.
It is possible to select the main countries that export or import Refined ground-nut oil not chemically modified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Refined ground-nut oil not chemically modified 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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