Coconut Oil (HS: Coconut) Product Trade, Exporters and Importers | The Observatory of Economic Complexity (2024)

Latest Data

The following visualization shows the latest trends on Coconut Oil. 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.

Exporters and Importers

In 2022 Coconut Oil were the world's 398th most traded product (out of 1,218).

In 2022, the top exporters of Coconut Oil were Indonesia ($3.41B), Philippines ($2.12B), Malaysia ($1.64B), Netherlands ($551M), and Thailand ($188M).

In 2022, the top importers of Coconut Oil were United States ($1.51B), Netherlands ($1.35B), China ($1.12B), Malaysia ($920M), and Germany ($741M).

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Market Dynamics

Between 2021 and 2022, the exports of Coconut Oil grew the fastest in Philippines ($587M), Indonesia ($391M), Netherlands ($74.8M), Malaysia ($66.7M), and Colombia ($48.6M).

Between 2021 and 2022, the fastest growing importers of Coconut Oil were United States ($375M), Malaysia ($193M), Netherlands ($175M), Germany ($162M), and Brazil ($97.6M).

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Market Concentration

This chart shows the evolution of the market concentration of exports of Coconut Oil.

In 2022, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Coconut Oil are explained by 8 countries.

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Net Trade

This map shows which countries export or import more of Coconut Oil. Each country is colored based on the difference in exports and imports of Coconut Oil during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Coconut Oil were Indonesia ($3.31B), Philippines ($2.07B), Malaysia ($723M), Papua New Guinea ($185M), and Thailand ($168M).

In 2022, the countries that had a largest trade value in imports than in exports of Coconut Oil were United States ($1.42B), China ($1.12B), Netherlands ($796M), Germany ($625M), and Brazil ($412M).

Disaggregation

In 2022, the world most traded Coconut Oil, disaggragated by their HS6 level were ($3.24B), Coconut (copra) oil crude ($2.37B), Coconut (copra) oil or fractions simply... ($2.34B), and Palm kernel or babassu oil, crude ($1.49B)

Country Comparison

This visualization shows the countries that have an important ratio of their trade related to Coconut Oil. It is possible to select the main countries that export or import Coconut Oil in the world, or by continent, as well as select the measure of interest.

Diversification Frontier

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.

Related Products

This visualization shows products that are likely to be exported by countries that export Coconut Oil.

Country by Relatedness

The following visualization shows the relatedness of Coconut Oil to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.