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2022
Exports $174MWorld Rnk 1 / 60
Flag Rnk 623 / 1217
2022
Destination $36.4M Finland
2021 - 2022
FASTEST GROWING MARKET $36.4MSweden
2022
Imports $10.4MWorld Rnk 7 / 115
Flag Rnk 1115 / 1216
2022
Origin $1.46M Canada
2021 - 2022
FASTEST GROWING ORIGIN $1.46MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $174M in Tall Oil, making it the 1st largest exporter of Tall Oil in the world. At the same year, Tall Oil was the 623rd most exported product in United States. The main destination of Tall Oil exports from United States are: Finland ($40M), Sweden ($36.4M), France ($32.4M), Japan ($32.1M), and Canada ($6.99M).

The fastest growing export markets for Tall Oil of United States between 2021 and 2022 were Sweden ($36.4M), Finland ($15M), and France ($3.85M).

Imports In 2022, United States imported $10.4M in Tall Oil, becoming the 7th largest importer of Tall Oil in the world. At the same year, Tall Oil was the 1115th most imported product in United States. United States imports Tall Oil primarily from: Canada ($5.27M), Brazil ($4.28M), Sweden ($519k), France ($259k), and Finland ($63.8k).

The fastest growing import markets in Tall Oil for United States between 2021 and 2022 were Brazil ($1.46M), Canada ($1.33M), and France ($183k).

COMPANIES In 2023, leading companies such as HOME DEPOT, U. S. A., INC. (22), LOREAL USA (10), and GOLDEN STATE FC LLC (7) were at the forefront of shipping Tall Oil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Tall Oil exports accounted up to $14.7M and imports accounted up to $407k, resulting in a positive trade balance of $14.3M. Between February 2023 and February 2024 the exports of United States'   Tall Oil have decreased by $-23.7M (-61.7%) from $38.3M to $14.7M, while imports decreased by $-1.92M (-82.5%) from $2.32M to $407k.

Destinations In February 2024, Tall Oil were exported mostly to Finland ($7.89M), Sweden ($5.82M), South Korea ($372k), Canada ($118k), and Mexico ($116k), and were imported mostly from Canada ($407k), Latvia ($0), Netherlands ($0), and Brazil ($0).

Growth In February 2024, the decrease in Tall Oil's year-by-year exports was explained primarily by a decrease in exports to Sweden ($-5.89M or -45.7%) and China ($-328k or -90%). In February 2024, the decrease in Tall Oil's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-23.7M(-61.7%)
IMPORT GROWTH (February 2023 - February 2024)$-1.92M(-82.5%)
MAIN EXPORTER (February 2024)Alabama$13.4M
MAIN DESTINATION (February 2024)Finland$7.89M

This section shows Tall Oil's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tall Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$174M
IMPORTS (2022)$10.4M
NET TRADE (2022)$163M

In 2022, United States exported $174M in Tall Oil. The main destinations of United States exports on Tall Oil were Finland ($40M), Sweden ($36.4M), France ($32.4M), Japan ($32.1M), and Canada ($6.99M).

In 2022, United States imported $10.4M in Tall Oil, mainly from Canada ($5.27M), Brazil ($4.28M), Sweden ($519k), France ($259k), and Finland ($63.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tall Oil EXPORT MARKETS FOR United States WERE (2021 - 2022):
Sweden$36.4M (31.1M%)
Finland$15M (60%)
France$3.85M (13.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tall Oil BY United States WERE (2021 - 2022):
China-$7.73M (-68.9%)
Mexico-$1.82M (-50.5%)
Costa Rica-$136k (-47.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Tall Oil were:
Sweden $56.3M
Finland $32.6M
In 2022, United States's main importing competitors in Tall Oil were:
Finland $95.8M
Sweden $70.9M
France $43.2M

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Trade Value of Tall Oil by Exporters

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