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2022
Exports | Imports $181M | $418MWorld Rnk 12 / 173
Flag Rnk 615 / 1217
World Rnk 2 / 217
Flag Rnk 598 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $6.33M | $38.5MCanada |  Canada
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Other Oily Seeds-2.36Rnk 1013 / 1025

About

Exports In 2022, United States exported $181M in Other Oily Seeds, making it the 12th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 615th most exported product in United States. The main destination of Other Oily Seeds exports from United States are: South Korea ($29.8M), Canada ($27.1M), Saudi Arabia ($22.6M), Mexico ($20.2M), and Japan ($15.1M).

The fastest growing export markets for Other Oily Seeds of United States between 2021 and 2022 were Canada ($6.33M), China ($2.09M), and Spain ($1.31M).

Imports In 2022, United States imported $418M in Other Oily Seeds, becoming the 2nd largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 598th most imported product in United States. United States imports Other Oily Seeds primarily from: Canada ($144M), India ($53M), Paraguay ($35.3M), Mexico ($34.8M), and Australia ($18.5M).

The fastest growing import markets in Other Oily Seeds for United States between 2021 and 2022 were Canada ($38.5M), Mexico ($19.9M), and Australia ($9.11M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (5.36k), IKEA SUPPLY AG (148), and AMAZON SERVICES LLC (116) were at the forefront of shipping Other Oily Seeds to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Other Oily Seeds exports accounted up to $23.3M and imports accounted up to $28.6M, resulting in a negative trade balance of $5.34M. Between January 2023 and January 2024 the exports of United States'   Other Oily Seeds have increased by $7.05M (43.4%) from $16.2M to $23.3M, while imports decreased by $-14.2M (-33.2%) from $42.8M to $28.6M.

Destinations In January 2024, Other Oily Seeds were exported mostly to South Korea ($6.11M), Mexico ($4.57M), Canada ($4.05M), Japan ($2.75M), and China ($2.32M), and were imported mostly from Canada ($9.68M), Paraguay ($5.28M), India ($4.06M), China ($1.45M), and Netherlands ($1.15M).

Growth In January 2024, the increase in Other Oily Seeds's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($3.51M or 536%), Mexico ($1.12M or 69%), and Canada ($370k or 13%). In January 2024, the decrease in Other Oily Seeds's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-1.02M or -97.5%), Peru ($-951k or -70.7%), and Ethiopia ($-659k or -46.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$7.05M(43.4%)
IMPORT GROWTH (January 2023 - January 2024)$-14.2M(-33.2%)
MAIN EXPORTER (January 2024)Georgia$6.44M
MAIN DESTINATION (January 2024)South Korea$6.11M

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

Trade Balance

Color
EXPORTS (2022)$181M
IMPORTS (2022)$418M
NET TRADE (2022)-$237M

In 2022, United States exported $181M in Other Oily Seeds. The main destinations of United States exports on Other Oily Seeds were South Korea ($29.8M), Canada ($27.1M), Saudi Arabia ($22.6M), Mexico ($20.2M), and Japan ($15.1M).

In 2022, United States imported $418M in Other Oily Seeds, mainly from Canada ($144M), India ($53M), Paraguay ($35.3M), Mexico ($34.8M), and Australia ($18.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$6.33M (30.5%)
China$2.09M (37.2%)
Spain$1.31M (81.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY United States WERE (2021 - 2022):
Mexico-$8.36M (-29.3%)
Japan-$5.96M (-28.4%)
Netherlands-$2.02M (-22.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, United States's main importing competitors in Other Oily Seeds were:
China $1.48B
Turkey $335M

Explore Visualizations

Trade Value of Other Oily Seeds by Exporters

Keep Exploring

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