Saffron in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $983k in Saffron, making it the 16th largest exporter of Saffron in the world. At the same year, Saffron was the 4211th most exported product in United States. The main destination of Saffron exports from United States are: Canada ($325k), Chinese Taipei ($130k), Paraguay ($111k), Spain ($62.4k), and Hong Kong ($60k).

The fastest growing export markets for Saffron of United States between 2021 and 2022 were Chinese Taipei ($130k), Paraguay ($111k), and Hong Kong ($51.7k).

The fastest growing import markets in Saffron for United States between 2021 and 2022 were Spain ($1.44M), Netherlands ($1.04M), and Afghanistan ($597k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Saffron to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Saffron exports accounted up to $77.7k and imports accounted up to $2.58M, resulting in a negative trade balance of $2.5M. Between October 2023 and October 2024 the exports of United States' Saffron have decreased by $-15.3k (-16.4%) from $93k to $77.7k, while imports decreased by $-124k (-4.6%) from $2.7M to $2.58M.

Destinations In October 2024, Saffron were exported mostly to N/A, and were imported mostly from Spain ($2.39M), Greece ($99.9k), Afghanistan ($73.2k), Trinidad and Tobago ($13.2k), and Morocco ($0).

Growth In October 2024, the decrease in Saffron's year-by-year exports was explained primarily by a decrease in exports to Canada ($-5.27k or -6.07%). In October 2024, the decrease in Saffron's year-by-year imports was explained primarily by a decrease in imports from Afghanistan ($-275k or -98.8%), Italy ($-21.4k or -88.7%), and United Arab Emirates ($-8.77k or -49.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$-15.3k(-16.4%)

IMPORT GROWTH (October 2023 - October 2024)$-124k(-4.6%)

MAIN EXPORTER (October 2024)New York$329k

This section shows Saffron'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 Saffron over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$983k

In 2022, United States exported $983k in Saffron. The main destinations of United States exports on Saffron were Canada ($325k), Chinese Taipei ($130k), Paraguay ($111k), Spain ($62.4k), and Hong Kong ($60k).

In N/A, United States imported N/A in Saffron, mainly from Spain ($14.2M), Netherlands ($2.55M), Afghanistan ($1.55M), Nigeria ($368k), and India ($207k).

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