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United States hydrogenated oils and fats Export quantity
What is United States' hydrogenated oils and fats export quantity (t)? As of 2023, it's 39K Tons, down from 91.3K Tons in 2014.
| Label | hydrogenated oils and fats Export quantity (t) |
|---|---|
| 2014 | 91331.22 Tons |
| 2015 | 81331.21 Tons |
| 2016 | 62447.74 Tons |
| 2017 | 48867.82 Tons |
| 2018 | 52989.7 Tons |
| 2019 | 32230.3 Tons |
| 2020 | 29223.77 Tons |
| 2021 | 34552.22 Tons |
| 2022 | 37314 Tons |
| 2023 | 38955.89 Tons |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
United States hydrogenated oils and fats Export quantity: Key Points
- Measured in 2023, United States' hydrogenated oils and fats Export quantity sits at 38.96K t. The series opened at 91.33K t in 2014, making the full move a 57% fall.
- 2015-2017: caves in to 48.87K t (-46%).
- 2019: collapses to 32.23K t (-39%).
- 2020: falls to 29.22K t (-9%).
- 2021-2023: surges to 38.96K t (+33%).
- Net result across the whole period: down 57.3%, closing 2023 at 38.96K t.
Why Trade Collapsed in 2020
Resist the instinct to draw a straight line through this. The path bends both directions, and the next year could plausibly go either way.
This decline fits a global pattern: COVID-19 disrupted supply chains and demand simultaneously in 2020, and trade flows fell broadly across most economies in the same year.
Read this bounce as part of the worldwide trade recovery — most economies saw trade flows pick back up as reopening and stimulus drove demand higher in the same period.
This series reflects United States's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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