HS Icon Other Oily Seeds in  Flag United States

2019
Exports | Imports
: $204M | $310M, World Rnk 7 / 162
Flag Rnk 568 / 1217 | World Rnk 4 / 211
Flag Rnk 592 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.48M | $15.9M, Guatemala |  Canada

2019
ECONOMIC COMPLEXITY of United States
: 1.59, Rnk 9 / 147

2019
PRODUCT COMPLEXITY  IN Other Oily Seeds
: -2.29, Rnk 1017 / 1029

Exports: In 2019, United States exported $204M in Other Oily Seeds, making it the 7th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 568th most exported product in United States. The main destination of Other Oily Seeds exports from United States are: Mexico ($44.2M), South Korea ($27M), Japan ($25.7M), Saudi Arabia ($21.5M), and Canada ($20.9M).

The fastest growing export markets for Other Oily Seeds of United States between 2018 and 2019 were Guatemala ($2.48M), Colombia ($2.43M), and Canada ($862k).

Imports: In 2019, United States imported $310M in Other Oily Seeds, becoming the 4th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 592nd most imported product in United States. United States imports Other Oily Seeds primarily from: Canada ($108M), India ($56.6M), Paraguay ($22.9M), Mexico ($17.9M), and Ethiopia ($12M).

The fastest growing import markets in Other Oily Seeds for United States between 2018 and 2019 were Canada ($15.9M), India ($6.19M), and Benin ($3.29M).

Tariffs: In 2017, the average tariff for United States in Other Oily Seeds was 0.14%. The countries with the highest import tariffs for Other Oily Seeds were North Korea (Most Favoured Nation duty rate treatement, 0.35%), Cuba (Most Favoured Nation duty rate treatement, 0.35%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 0.24%), Algeria (Most Favoured Nation duty rate treatement, 0.24%), and Egypt (Most Favoured Nation duty rate treatement, 0.24%).

Latest Trends (May 2021)

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Overview: In May 2021 United States' Other Oily Seeds exports accounted up to $16.9M and imports accounted up to $30.7M, resulting in a negative trade balance of $13.7M. Between May 2020 and May 2021 the exports of United States'   Other Oily Seeds have increased by $2.52M (17.5%) from $14.4M to $16.9M, while imports decreased by $-933k (-2.95%) from $31.6M to $30.7M.

Destinations: In May 2021, Other Oily Seeds were exported mostly to Saudi Arabia ($3.91M), Japan ($2.59M), Mexico ($2.27M), Canada ($2.07M), and South Korea ($1.9M), and were imported mostly from Canada ($8.49M), India ($4.31M), Ethiopia ($2.93M), Peru ($2.63M), and Chile ($2.51M).

Growth: In May 2021, the increase in Other Oily Seeds's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($1.66M or 74%), Netherlands ($884k or 1.12k%), and China ($649k or 1.67k%). In May 2021, the decrease in Other Oily Seeds's year-by-year imports was explained primarily by a decrease in imports from Canada ($-2.59M or -23.4%), China ($-1.78M or -85.6%), and Chile ($-677k or -21.3%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): $2.52M, (17.5%)

IMPORT GROWTH (May 2020 - May 2021): $-933k, (-2.95%)

MAIN EXPORTER (May 2021): Georgia, $3.59M

MAIN DESTINATION (May 2021): Saudi Arabia, $3.91M

This section shows Other Oily Seeds'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 Other Oily Seeds over time.

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Historical Data

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Value

EXPORTS (2019): $204M

IMPORTS (2019): $310M

NET TRADE (2019): -$106M

In 2019, United States exported $204M in Other Oily Seeds. The main destinations of United States exports on Other Oily Seeds were Mexico ($44.2M), South Korea ($27M), Japan ($25.7M), Saudi Arabia ($21.5M), and Canada ($20.9M).

In 2019, United States imported $310M in Other Oily Seeds, mainly from Canada ($108M), India ($56.6M), Paraguay ($22.9M), Mexico ($17.9M), and Ethiopia ($12M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Other Oily Seeds WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Other Oily Seeds WITH:

Flow

THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY United States WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United States's main exporting competitors in Other Oily Seeds were:

In 2018, United States's main importing competitors in Other Oily Seeds were:

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Tariffs by Country

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In 2017, the average tariff for United States in Other Oily Seeds was 0.14%.

The countries with the highest tariffs for Other Oily Seeds in United States were North Korea (Most Favoured Nation duty rate treatement, 0.35%), Cuba (Most Favoured Nation duty rate treatement, 0.35%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 0.24%), Algeria (Most Favoured Nation duty rate treatement, 0.24%), and Egypt (Most Favoured Nation duty rate treatement, 0.24%).