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Essential oils: top exporters and importers (2024)

In 2024, world trade in essential oils totaled $6.4 billion (274 thousand tonnes). The top exporters were the United States (12%), India (12%) and Brazil (10%); the top importers were the United States (21%), France (8%) and Germany (7%). Compared with 2019, the value rose 3%.

Summary

World trade
$6.4billion
Tonnes
274thousand tonnes
Price per tonne
$23,229
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$793 million · 12.5%
  2. India$751 million · 11.8%
  3. Brazil$613 million · 9.6%
  4. France$485 million · 7.6%
  5. China$449 million · 7.1%
  6. Indonesia$323 million · 5.1%
  7. Mexico$290 million · 4.6%
  8. Italy$272 million · 4.3%
  9. Germany$256 million · 4%
  10. United Kingdom$218 million · 3.4%
  11. Argentina$206 million · 3.2%
  12. Spain$180 million · 2.8%
  13. Peru$152 million · 2.4%
  14. Madagascar$94 million · 1.5%
  15. Bulgaria$79 million · 1.2%
  16. Netherlands$70 million · 1.1%
    re-exports
  17. South Africa$67 million · 1%
  18. Turkey$63 million · 1%
  19. Egypt$61 million · 0.96%
  20. Canada$58 million · 0.91%

Top importers

  1. United States$1.3 billion · 20.5%
  2. France$514 million · 8.1%
  3. Germany$439 million · 6.9%
  4. Ireland$374 million · 5.9%
  5. China$329 million · 5.2%
  6. United Kingdom$319 million · 5%
  7. Netherlands$295 million · 4.6%
    re-exports
  8. India$261 million · 4.1%
  9. Spain$219 million · 3.4%
  10. Indonesia$193 million · 3%
  11. Singapore$187 million · 3%
    re-exports
  12. Switzerland$170 million · 2.7%
  13. Japan$151 million · 2.4%
  14. Italy$145 million · 2.3%
  15. Mexico$141 million · 2.2%
  16. Brazil$102 million · 1.6%
  17. Canada$85 million · 1.3%
  18. Turkey$72 million · 1.1%
  19. Austria$71 million · 1.1%
  20. South Korea$69 million · 1.1%

Trend

Who sells it

The United States has been the top exporter since 2023

Value in USD millions. The five largest exporters in 2024.

  • United States 793
  • India 751
  • Brazil 613
  • France 485
  • China 449

Source: CEPII BACI

Show the numbers
Country19952024
United States301793
India63.4751
Brazil93.1613
France182485
China133449

Price

Implied price

The price per tonne rose 102% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $23,229

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$11,471
1996$10,970
1997$10,343
1998$10,142
1999$9,304
2000$8,578
2001$8,864
2002$9,446
2003$9,951
2004$9,856
2005$10,345
2006$11,354
2007$12,396
2008$15,003
2009$12,382
2010$13,794
2011$18,360
2012$16,903
2013$16,600
2014$18,073
2015$18,762
2016$19,900
2017$22,083
2018$22,264
2019$23,560
2020$19,134
2021$21,312
2022$21,246
2023$23,305
2024$23,229

What it includes

  • 3301 · Essential oils

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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