Product intelligence · HS 230650 · 2024 data

Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils

Global exports of oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils totalled $119,274,713 in 2024, a -26.6% change from the previous year. Traded by 69 countries across 405 bilateral corridors, with demand from 110 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$119.3M

-26.6% YoY

3Y / 5Y CAGR

-8.0%

5Y: -1.2%

Supply structure

Concentrated

HHI 0.418

Volatility

Low

Score 17/100

1.

Market movement

In 2024, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils trade exhibited significant decline, with global flows reaching $119,274,713 and a three-year compound annual growth rate of -8.0% (five-year: -1.2%). The all-time peak of $263,061,561 was recorded in 2013; the current level is 55% below that high-water mark.

Over the 30-year observation window (19952024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-3.1% acceleration).

The World Trade Flows Characterization classifies oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.418). The three largest exporters — Philippines ($77.2M), Indonesia ($41.4M), and Papua New Guinea ($9.9M) — collectively dominate supply flows. The leading exporter has grown at -4.8% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.228). The three largest import markets are South Korea ($39.0M), India ($29.3M), and China ($26.3M). The largest importing market sources from 4 different supplying countries.

Estimated substitution elasticity: -15.24. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Philippines → South Korea at $28.6M, representing 73.5% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils is 17 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $263,061,561 in 2013. Currently 55% below peak.

YearGlobal trade (USD)YoY growth
2015$138,683,314-29.9%
2016$119,131,858-14.1%
2017$122,053,511+2.5%
2018$149,275,772+22.3%
2019$127,000,704-14.9%
2020$112,308,001-11.6%
2021$153,315,682+36.5%
2022$183,604,731+19.8%
2023$162,589,819-11.4%
2024$119,274,713-26.6%

Top exporting countries

Ranked by export value of oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils in 2024.

View all 69 exporters →

Top importing markets

Largest import destinations for oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils.

View all 110 markets →

Leading trade corridors

Largest bilateral export flows for oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oils, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1PhilippinesSouth Korea$28.6M+4.3%
2PhilippinesChina$15.5M+3.9%
3PhilippinesIndia$13.5M-16.7%
4IndonesiaIndia$12.5M-23.6%
5IndonesiaChina$10.7M+101.1%
6IndonesiaSouth Korea$10.3M-15.3%
7PhilippinesVietnam$7.0M-10.8%
8IndonesiaVietnam$5.8M+19.3%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.