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Industrial fatty acids: top exporters and importers (2024)

In 2024, world trade in industrial fatty acids totaled $15.1 billion (11.9 million tonnes). The top exporters were Indonesia (44%), Malaysia (19%) and the Netherlands (7%); the top importers were China (19%), the Netherlands (12%) and Malaysia (8%). Compared with 2019, the value rose 74%.

Summary

World trade
$15.1billion
Tonnes
11.9million tonnes
Price per tonne
$1,267
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Indonesia$6.7 billion · 44.2%
  2. Malaysia$2.8 billion · 18.8%
  3. Netherlands$1.1 billion · 7.5%
    re-exports
  4. Germany$738 million · 4.9%
  5. United States$555 million · 3.7%
  6. India$417 million · 2.8%
  7. Belgium$333 million · 2.2%
    re-exports
  8. Argentina$225 million · 1.5%
  9. Spain$196 million · 1.3%
  10. France$182 million · 1.2%
  11. Finland$177 million · 1.2%
  12. China$162 million · 1.1%
  13. Italy$156 million · 1%
  14. Thailand$144 million · 0.95%
  15. South Africa$110 million · 0.72%
  16. Sweden$109 million · 0.72%
  17. Philippines$94 million · 0.62%
  18. Singapore$78 million · 0.52%
    re-exports
  19. Brazil$61 million · 0.4%
  20. Turkey$58 million · 0.38%

Top importers

  1. China$2.9 billion · 19.2%
  2. Netherlands$1.8 billion · 11.8%
    re-exports
  3. Malaysia$1.2 billion · 7.9%
  4. United States$909 million · 6%
  5. India$851 million · 5.6%
  6. Italy$749 million · 5%
  7. Germany$721 million · 4.8%
  8. South Korea$563 million · 3.7%
  9. Spain$506 million · 3.4%
  10. Belgium$355 million · 2.4%
    re-exports
  11. Singapore$334 million · 2.2%
    re-exports
  12. United Kingdom$317 million · 2.1%
  13. Japan$303 million · 2%
  14. France$302 million · 2%
  15. Sweden$251 million · 1.7%
  16. Turkey$217 million · 1.4%
  17. Poland$211 million · 1.4%
  18. Thailand$176 million · 1.2%
  19. Brazil$173 million · 1.2%
  20. Mexico$163 million · 1.1%

Trend

Who sells it

Indonesia has been the top exporter since 2013

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

  • Indonesia 6.7
  • Malaysia 2.8
  • Netherlands 1.1
  • Germany 0.74
  • United States 0.56

Source: CEPII BACI

Show the numbers
Country19952024
Indonesia0.366.7
Malaysia0.512.8
Netherlands0.161.1
Germany0.350.74
United States0.170.56

Price

Implied price

The price per tonne rose 59% since 1995

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

  • 2024: $1,267

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$795
1996$805
1997$791
1998$800
1999$596
2000$644
2001$637
2002$546
2003$750
2004$806
2005$791
2006$760
2007$923
2008$1,083
2009$716
2010$963
2011$1,457
2012$1,325
2013$1,110
2014$1,192
2015$939
2016$998
2017$1,133
2018$1,032
2019$835
2020$898
2021$1,278
2022$1,562
2023$1,220
2024$1,267

What it includes

  • 1519 · Industrial fatty acids

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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