Oil Seed Flower in United States

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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 (1.65%), Egypt (1.65%), Eritrea (1.65%), Western Sahara (1.65%), and Equatorial Guinea (1.65%).

Latest Trends

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Overview

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Overview: In January 2021 United States' Oil Seed Flower exports accounted up to $130M and imports accounted up to $1.95M, resulting in a positive trade balance of $128M. Between January 2020 and January 2021 the exports of United States' Oil Seed Flower have increased by $35M (36.8%) from $95.1M to $130M, while imports increased by $472k (32%) from $1.48M to $1.95M.

Destinations: In January 2021 Oil Seed Flower exported mostly to Vietnam ($49.6M), Philippines ($45.3M), Bangladesh ($23.3M), Canada ($3.12M), and Japan ($2.25M), and imported mostly from Canada ($1.34M), India ($137k), Peru ($101k), Chile ($91.8k), and Bulgaria ($86.9k).

Growth: In January 2021, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Vietnam ($48.6M or 4.66k%), Canada ($2.25M or 259%), and Mexico ($874k or 610%). In January 2021, the increase in Oil Seed Flower's year-by-year imports was explained primarily by an increase in imports from Canada ($1.04M or 350%), Peru ($54.1k or 115%), and South Korea ($29.7k or 668%).

Subnational Monthly Trade

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Flow

Value

EXPORT GROWTH (January 2020 - January 2021): $35M, (36.8%)

IMPORT GROWTH (January 2020 - January 2021): $472k, (32%)

MAIN EXPORTER (January 2021): Washington, $118M

MAIN DESTINATION (January 2021): Vietnam, $49.6M

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.

Product Trade

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Trade Balance

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Year

Value

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).

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