{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Oils (HS4 2709) Trade Overview | Yugalinks",
  "description": "Review reported global trade for oils at HS4 2709, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/2709",
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    "sameAs": [
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  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
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        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/2709/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/2709/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/2709/index.json",
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  "internalLinks": {
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    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
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  "subsector": {
    "hs4": "2709",
    "name": "Oils"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The oils subsector recorded $1.3T in reported global trade in 2024, with -5.6% annual change.",
  "keyFigures": {
    "latestTradeUsd": 1254558284327.7896,
    "latestAnnualChangePct": -5.585626723730453,
    "activeExporters": 147,
    "activeImporters": 171,
    "activeHs6Products": 1
  },
  "growthAndStructure": {
    "trendLabel": "Growing",
    "tradeCagr3yPct": 6.275006649855985,
    "tradeCagr5yPct": 3.028446950651431,
    "historicalPeakUsd": 1673506958848.1802,
    "historicalPeakYear": 2012,
    "positiveGrowthYearSharePct": 58.62068965517241,
    "exporterConcentrationHhi": 665.1202657988694,
    "importerConcentrationHhi": 961.8975671563472,
    "tradeVolatilityCv": 0.5497888393055181
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  "annualRows": [
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      "year": 1995,
      "hs4": 2709,
      "global_trade_usd": 191559047877.91547,
      "corridor_count": 1185,
      "active_hs6_count": 1
    },
    {
      "year": 1996,
      "hs4": 2709,
      "global_trade_usd": 239594703772.33084,
      "corridor_count": 1170,
      "active_hs6_count": 1
    },
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      "year": 1997,
      "hs4": 2709,
      "global_trade_usd": 238315164469.9021,
      "corridor_count": 1183,
      "active_hs6_count": 1
    },
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      "year": 1998,
      "hs4": 2709,
      "global_trade_usd": 161399579081.77,
      "corridor_count": 1270,
      "active_hs6_count": 1
    },
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      "year": 1999,
      "hs4": 2709,
      "global_trade_usd": 223499499343.81546,
      "corridor_count": 1361,
      "active_hs6_count": 1
    },
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      "year": 2000,
      "hs4": 2709,
      "global_trade_usd": 383102828535.0763,
      "corridor_count": 1504,
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    },
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      "year": 2001,
      "hs4": 2709,
      "global_trade_usd": 329272069858.74475,
      "corridor_count": 1424,
      "active_hs6_count": 1
    },
    {
      "year": 2002,
      "hs4": 2709,
      "global_trade_usd": 339371087829.79114,
      "corridor_count": 1638,
      "active_hs6_count": 1
    },
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      "year": 2003,
      "hs4": 2709,
      "global_trade_usd": 419842739693.6794,
      "corridor_count": 1587,
      "active_hs6_count": 1
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      "year": 2004,
      "hs4": 2709,
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      "corridor_count": 1629,
      "active_hs6_count": 1
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      "year": 2005,
      "hs4": 2709,
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      "corridor_count": 1731,
      "active_hs6_count": 1
    },
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      "year": 2006,
      "hs4": 2709,
      "global_trade_usd": 974221167408.717,
      "corridor_count": 1819,
      "active_hs6_count": 1
    },
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      "year": 2007,
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      "global_trade_usd": 1046291242372.0424,
      "corridor_count": 1679,
      "active_hs6_count": 1
    },
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      "year": 2008,
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      "corridor_count": 1639,
      "active_hs6_count": 1
    },
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      "year": 2009,
      "hs4": 2709,
      "global_trade_usd": 875198256297.0388,
      "corridor_count": 1655,
      "active_hs6_count": 1
    },
    {
      "year": 2010,
      "hs4": 2709,
      "global_trade_usd": 1158454468122.0327,
      "corridor_count": 1634,
      "active_hs6_count": 1
    },
    {
      "year": 2011,
      "hs4": 2709,
      "global_trade_usd": 1595643045054.215,
      "corridor_count": 1794,
      "active_hs6_count": 1
    },
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      "year": 2012,
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      "global_trade_usd": 1673506958848.1802,
      "corridor_count": 1850,
      "active_hs6_count": 1
    },
    {
      "year": 2013,
      "hs4": 2709,
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      "corridor_count": 1752,
      "active_hs6_count": 1
    },
    {
      "year": 2014,
      "hs4": 2709,
      "global_trade_usd": 1445539423855.781,
      "corridor_count": 1922,
      "active_hs6_count": 1
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      "year": 2015,
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      "global_trade_usd": 784250767250.2844,
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      "year": 2016,
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      "year": 2017,
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      "global_trade_usd": 867520322028.7186,
      "corridor_count": 1856,
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    },
    {
      "year": 2018,
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      "year": 2019,
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      "year": 2020,
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      "global_trade_usd": 705690286874.0381,
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      "year": 2021,
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    {
      "year": 2024,
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  ],
  "products": [
    {
      "hs_code": "270900",
      "product_name": "Oils: petroleum oils and oils obtained from bituminous minerals, crude"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}