Candles | OEC (2024)

About

#permalink to section

Overview This page contains the latest trade data of Candles. In 2020, Candles were the world's 595th most traded product, with a total trade of $3.38B. Between 2019 and 2020 the exports of Candles grew by 5.02%, from $3.22B to $3.38B. Trade in Candles represent 0.02% of total world trade.

Candles are a part of Soap, organic surface-active agents, others. They include Candles, tapers and the like.

Exports In 2020 the top exporters of Candles were Poland ($620M), China ($618M), Vietnam ($384M), United States ($210M), and Netherlands ($199M).

Imports In 2020 the top importers of Candles were United States ($711M), Germany ($448M), United Kingdom ($318M), Netherlands ($204M), and France ($124M).

Ranking Candles ranks 497th in the Product Complexity Index (PCI).

Latest Trends

#permalink to section

Latest Data

#permalink to section

View

Flow

Y-AXIS SCALE

The following visualization shows the latest trends on Candles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): Poland, $620M

Top Destination (2020): United States, $711M

Candles are the world's 595th most traded product.

In 2020, the top exporters of Candles were Poland ($620M), China ($618M), Vietnam ($384M), United States ($210M), and Netherlands ($199M).

In 2020, the top importers of Candles were United States ($711M), Germany ($448M), United Kingdom ($318M), Netherlands ($204M), and France ($124M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 - 2020): Vietnam, $81.4M

Top Destination Growth (2019 - 2020): United States, $163M

Between 2019 and 2020, the exports of Candles grew the fastest in Vietnam ($81.4M), Canada ($70.1M), Czechia ($46.3M), Poland ($15M), and France ($11.8M).

Between 2019 and 2020, the fastest growing importers of Candles were United States ($163M), Germany ($33.8M), Saudi Arabia ($19.2M), Poland ($10.3M), and United Kingdom ($9.59M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Candles.

In 2020, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Candles are explained by 16 countries.

Explore Visualizations

Net Trade

#permalink to section

TOP NET EXPORTER (2020): China, $601M

TOP NET IMPORTER (2020): United States, $501M

This map shows which countries export or import more of Candles. Each country is colored based on the difference in exports and imports of Candles during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Candles were China ($601M), Poland ($553M), Vietnam ($379M), Canada ($65.7M), and Czechia ($62.3M).

In 2020, the countries that had a largest trade value in imports than in exports of Candles were United States ($501M), Germany ($287M), United Kingdom ($220M), Austria ($84.7M), and Norway ($56.1M).

Disaggregation

#permalink to section

Value

In 2020, the world most traded Candles, disaggragated by their HS6 level were Candles, tapers and the like ($3.38B)

Country Comparison

#permalink to section

Flow

Measure

Ranking

This visualization shows the countries that have an important ratio of their trade related to Candles. It is possible to select the main countries that export or import Candles in the world, or by continent, as well as select the measure of interest.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Related Products

#permalink to section

This visualization shows products that are likely to be exported by countries that export Candles.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Candles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Candles | OEC (2024)
Top Articles
Latest Posts
Article information

Author: Reed Wilderman

Last Updated:

Views: 6289

Rating: 4.1 / 5 (52 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Reed Wilderman

Birthday: 1992-06-14

Address: 998 Estell Village, Lake Oscarberg, SD 48713-6877

Phone: +21813267449721

Job: Technology Engineer

Hobby: Swimming, Do it yourself, Beekeeping, Lapidary, Cosplaying, Hiking, Graffiti

Introduction: My name is Reed Wilderman, I am a faithful, bright, lucky, adventurous, lively, rich, vast person who loves writing and wants to share my knowledge and understanding with you.