Tolu Balsam is an amberbrown viscous oil obtained from the Tolu tree myroxylon balsamum, a South American native. The Tolu Balsam essential oil is derived from the wild Tolu trees in Chile and Venezuela. The Balsam trees are tapped like rubber trees to collect their resinlike gums that are used commercially and sold as balsam. The dry resin has a complex aroma consisting chiefly of cinnamon and vanilla notes with a slight floral character.
Tolu Balsam is commonly used as an antiinflammatory, antibacterial, antifungal, antiparasitic, antiseptic, cough suppressant often used in cough syrup formulas expectorant, and vulnerary agent. However its main use in the modern era is in perfumery, where it is valued for its warm, mellow yet somewhat spicy scent.