Oil Seed Flower in United States 2019 Exports | Imports : $378M | $18.2M, World Rnk 1 / 114 Rnk 419 / 1217 | World Rnk 13 / 199 Rnk 1065 / 1215
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $42.5M | $1.2M, Vietnam | Canada
2019 ECONOMIC COMPLEXITY of United States: 1.59, Rnk 9 / 147
2019 PRODUCT COMPLEXITY IN Oil Seed Flower: -1.24, Rnk 895 / 1029
Exports In 2019, United States exported $378M 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 419th most exported product in United States. The main destination of Oil Seed Flower exports from United States are: Vietnam ($140M), Japan ($42M), Colombia ($37.6M), Thailand ($22.6M), and Myanmar ($18.9M).
The fastest growing export markets for Oil Seed Flower of United States between 2018 and 2019 were Vietnam ($42.5M), South Korea ($10.5M), and Chinese Taipei ($4.46M).
Imports In 2019, United States imported $18.2M in Oil Seed Flower, becoming the 13th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1065th most imported product in United States. United States imports Oil Seed Flower primarily from: Canada ($12M), India ($1.29M), China ($1.01M), Mexico ($730k), and Egypt ($426k).
The fastest growing import markets in Oil Seed Flower for United States between 2018 and 2019 were Canada ($1.2M), China ($511k), and Egypt ($401k).
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 (Most Favoured Nation duty rate treatement, 1.65%), Egypt (Most Favoured Nation duty rate treatement, 1.65%), Eritrea (Most Favoured Nation duty rate treatement, 1.65%), Western Sahara (Most Favoured Nation duty rate treatement, 1.65%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 1.65%).
July 2021
Overview In July 2021 United States' Oil Seed Flower exports accounted up to $113M and imports accounted up to $6.28M, resulting in a positive trade balance of $107M. Between July 2020 and July 2021 the exports of United States' Oil Seed Flower have increased by $31.4M (38.3%) from $81.9M to $113M, while imports decreased by $-117k (-1.83%) from $6.4M to $6.28M.
Destinations In July 2021, Oil Seed Flower were exported mostly to Philippines ($59.4M), Vietnam ($46.3M), Canada ($2.54M), Trinidad and Tobago ($1.48M), and Myanmar ($1.38M), and were imported mostly from Turkey ($2.8M), Argentina ($2.54M), Canada ($279k), Peru ($168k), and Mexico ($130k).
Growth In July 2021, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Vietnam ($46.2M or 23.7k%), Myanmar ($1M or 264%), and Canada ($643k or 33.9%). In July 2021, the decrease in Oil Seed Flower's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-1.59M or -36.2%), Canada ($-1.14M or -80.4%), and India ($-280k or -85.3%).
EXPORT GROWTH (July 2020 - July 2021): $31.4M, (38.3%)
IMPORT GROWTH (July 2020 - July 2021): $-117k, (-1.83%)
MAIN EXPORTER (July 2021): Washington, $106M
MAIN DESTINATION (July 2021): Philippines, $59.4M
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.
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EXPORTS (2019): $378M
IMPORTS (2019): $18.2M
NET TRADE (2019): $360M
In 2019, United States exported $378M in Oil Seed Flower. The main destinations of United States exports on Oil Seed Flower were Vietnam ($140M), Japan ($42M), Colombia ($37.6M), Thailand ($22.6M), and Myanmar ($18.9M).
In 2019, United States imported $18.2M in Oil Seed Flower, mainly from Canada ($12M), India ($1.29M), China ($1.01M), Mexico ($730k), and Egypt ($426k).
IN 2019, United States HAD A POSITIVE NET TRADE IN Oil Seed Flower WITH:
IN 2019, United States HAD A NEGATIVE NET TRADE IN Oil Seed Flower WITH:
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR United States WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY United States WERE (2018 - 2019):
In 2019, United States's main exporting competitors in Oil Seed Flower were:
In 2019, United States's main importing competitors in Oil Seed Flower were:
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 (Most Favoured Nation duty rate treatement, 1.65%), Egypt (Most Favoured Nation duty rate treatement, 1.65%), Eritrea (Most Favoured Nation duty rate treatement, 1.65%), Western Sahara (Most Favoured Nation duty rate treatement, 1.65%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 1.65%).