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151550 (Harmonized System 1992 for 6-digit)

2023
World Trade $393MRnk 3082 / 4644
2023
Top Exporter | Top Importer $76.7M | $124MMexico | United States
2023
Product Complexity -1.52Rnk 4283 / 4656
2022 - 2023
Export Growth (CAGR) -2.17%Rnk 1780 / 4644
2023
Share of World Trade 0.0017%Rnk 3082 / 4644

About

Overview This page contains the latest trade data of Sesame oil or fractions not chemically modified. In 2023, Sesame oil or fractions not chemically modified were the world's 3082nd most traded product, with a total trade of $393M. Between 2022 and 2023 the exports of Sesame oil or fractions not chemically modified decreased by -2.17%, from $401M to $393M. Trade in Sesame oil or fractions not chemically modified represent 0.0017% of total world trade.

Sesame oil or fractions not chemically modified are a part of Other Pure Vegetable Oils.

Exports In 2023 the top exporters of Sesame oil or fractions not chemically modified  were Mexico ($76.7M), Japan ($68.4M), China ($48.9M), India ($35.7M), and Chinese Taipei ($28.7M).

Imports In 2023 the top importers of Sesame oil or fractions not chemically modified were United States ($124M), United Kingdom ($23.9M), Netherlands ($21.9M), France ($19.7M), and Canada ($18.1M).

Ranking Sesame oil or fractions not chemically modified ranks 4283rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sesame oil or fractions 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)Mexico$76.7M
Top Destination (2023)United States$124M

In 2023 Sesame oil or fractions not chemically modified were the world's 3082nd most traded product (out of 4,644).

In 2023, the top exporters of Sesame oil or fractions not chemically modified were Mexico ($76.7M), Japan ($68.4M), China ($48.9M), India ($35.7M), and Chinese Taipei ($28.7M).

In 2023, the top importers of Sesame oil or fractions not chemically modified were United States ($124M), United Kingdom ($23.9M), Netherlands ($21.9M), France ($19.7M), and Canada ($18.1M).

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Exporters of Sesame oil or fractions not chemically modified (2023)
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Importers of Sesame oil or fractions not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$9.72M
Top Destination Growth (2022 -  2023)Spain$4.07M

Between 2022 and 2023, the exports of Sesame oil or fractions not chemically modified grew the fastest in Mexico ($9.72M), India ($3.06M), Bangladesh ($2.83M), Russia ($2.82M), and Netherlands ($2.71M).

Between 2022 and 2023, the fastest growing importers of Sesame oil or fractions not chemically modified were Spain ($4.07M), India ($3.49M), France ($3.37M), United Kingdom ($3.33M), and Netherlands ($3.04M).

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Exporters of Sesame oil or fractions not chemically modified (2022 - 2023)

Importers of Sesame oil or fractions not chemically modified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sesame oil or fractions not chemically modified.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Sesame oil or fractions not chemically modified are explained by 14 countries.

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Value of Exports in Sesame oil or fractions not chemically modified

Net Trade

TOP NET EXPORTER (2023)Mexico$71M
TOP NET IMPORTER (2023)United States$115M

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

In 2023, the countries that had a largest trade value in exports than in imports of Sesame oil or fractions not chemically modified were Mexico ($71M), Japan ($64.9M), China ($43.9M), India ($31.3M), and Chinese Taipei ($19.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Sesame oil or fractions not chemically modified were United States ($115M), United Kingdom ($19.2M), Canada ($18.1M), Australia ($13.6M), and Indonesia ($10.5M).

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

Top 10 Exporters Countries of Sesame oil or fractions 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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