Oil Seed Flower in United States

EXPORTS (2018): $478M, World Rnk 1 / 106
Flag Rnk 363 / 1222

TOP DESTINATION (2018): $110M, Vietnam

FASTEST GROWING MARKET (2017 - 2018): $41.2M, Colombia

IMPORTS (2018): $16.2M, World Rnk 16 / 172
Flag Rnk 1074 / 1217

TOP ORIGIN (2018): $10.8M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $5.09M, Canada

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Oil Seed Flower (2018): -1.24, Rnk 880 / 1018

Overview: This page contains the latest trade data of Oil Seed Flower in United States.

Exports: In 2018, United States exported $478M in Oil Seed Flower, making it the 1st largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 363rd most exported product in United States. The main destination of Oil Seed Flower exports from United States are: Vietnam ($110M), Thailand ($42.1M), Japan ($42M), Indonesia ($41.8M), and Colombia ($41.6M).

The fastest growing export markets for Oil Seed Flower of United States between 2017 and 2018 were Colombia ($41.2M), Vietnam ($38.4M), and Japan ($38.3M).

Imports: In 2018, United States imported $16.2M in Oil Seed Flower, becoming the 16th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1074th most imported product in United States. United States imports Oil Seed Flower primarily from: Canada ($10.8M), India ($1.67M), Mexico ($541k), China ($501k), and Chinese Taipei ($298k).

The fastest growing import markets in Oil Seed Flower for United States between 2017 and 2018 were Canada ($5.09M), India ($1.46M), and Italy ($289k).

Tariffs: In 2018, the average tariff for United States in Oil Seed Flower was 1.06%. The countries with the highest import tariffs for Oil Seed Flower were Algeria (1.65%), Egypt (1.65%), Eritrea (1.65%), Western Sahara (1.65%), and Equatorial Guinea (1.65%).

Overview: In July 2020 United States' Oil Seed Flower exports accounted up to $81.9M and imports accounted up to $6.4M, resulting in a positive trade balance of $75.5M. Between July 2019 and July 2020 the exports of United States'   Oil Seed Flower have increased by $50.1M (158%) from $31.8M to $81.9M, while imports increased by $5.69M (807%) from $705k to $6.4M.

Destinations: In July 2020 Oil Seed Flower exported mostly to Philippines ($62M), Australia ($8.19M), Ecuador ($2.05M), Canada ($1.9M), and Venezuela ($1.66M), and imported mostly from Turkey ($4.4M), Canada ($1.42M), India ($329k), Peru ($90.3k), and Chile ($75.5k).

Growth: In July 2020, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Philippines ($7.58M or 13.5%), Colombia ($4.91M or 103k%), and Canada ($1.08M or 126%). In July 2020, the increase in Oil Seed Flower's year-by-year imports was explained primarily by an increase in imports from Canada ($294k or 58.2%), Mexico ($46k or 79.8%), and Taiwan ($41.9k or 418%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $50.1M, (158%)

IMPORT GROWTH (July 2019 - July 2020): $5.69M, (807%)

MAIN EXPORTER (July 2020): Washington, $69.1M

MAIN DESTINATION (July 2020): Philippines, $62M

This section shows Oil Seed Flower's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Oil Seed Flower over time.

Value

EXPORTS (2018): $478M

IMPORTS (2018): $16.2M

NET TRADE (2018): $462M

In 2018, United States exported $478M in Oil Seed Flower. The main destinations of United States exports on Oil Seed Flower were Vietnam ($110M), Thailand ($42.1M), Japan ($42M), Indonesia ($41.8M), and Colombia ($41.6M).

In 2018, United States imported $16.2M in Oil Seed Flower, mainly from Canada ($10.8M), India ($1.67M), Mexico ($541k), China ($501k), and Chinese Taipei ($298k).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Oil Seed Flower WITH:

  • Vietnam, $110M ($110M - $0)
  • Thailand, $42M ($42.1M - $39.2k)
  • Japan, $41.9M ($42M - $120k)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Oil Seed Flower WITH:

  • India, -$1.31M ($356k - $1.67M)
  • Canada, -$419k ($10.4M - $10.8M)
  • Greece, -$271k ($0 - $271k)
Flow

THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY United States WERE (2017 - 2018):

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Market Concentration

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In 2018, United States's main exporting competitors in Oil Seed Flower were:

In 2018, United States's main importing competitors in Oil Seed Flower were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Oil Seed Flower in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for United States in Oil Seed Flower was 1.06%.

The countries with the highest tariffs for Oil Seed Flower in United States were Algeria (1.65%), Egypt (1.65%), Eritrea (1.65%), Western Sahara (1.65%), and Equatorial Guinea (1.65%).

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