Overview
In 2020, Coconut Oil were the world's 467th most traded product, with a total trade of $5.12B. Between 2019 and 2020 the exports of Coconut Oil grew by 7.16%, from $4.78B to $5.12B. Trade in Coconut Oil represent 0.031% of total world trade.


EXPORTS
‍In 2020 the top exporters of Coconut Oil  were Indonesia ($2.01B), Malaysia ($1.04B), Philippines ($921M), Netherlands ($327M), and Sri Lanka ($80.6M).
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IMPORTS
‍In 2020 the top importers of Coconut Oil were Netherlands ($767M), United States ($745M), China ($699M), Malaysia ($434M), and Germany ($355M).
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TARIFFS
‍In 2018 the average tariff for Coconut Oil was 8.73%, making it the 487th lowest tariff using the HS4 product classification.The countries with the highest import tariffs for Coconut Oil are Thailand (121%), India (85.4%), Switzerland (57.4%), Liechtenstein (57.4%), and Bhutan (48.9%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Maldives (0%), Pakistan (0%), and Singapore (0%).
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RANKING
‍Coconut Oil ranks 931st in the Product Complexity Index (PCI).

Source from : oec.world

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