Saffron in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $305k in Saffron, making it the 21st largest exporter of Saffron in the world. At the same year, Saffron was the 4393rd most exported product in United States. The main destination of Saffron exports from United States are: Canada ($38.1k), Spain ($35.9k), Panama ($34.1k), Jamaica ($22.5k), and Saudi Arabia ($22.3k).

The fastest growing export markets for Saffron of United States between 2022 and 2023 were Spain ($30.6k), Saudi Arabia ($22.3k), and Macau ($14.6k).

Imports In 2023, United States imported $21.3M in Saffron, becoming the 4th largest importer of Saffron in the world. At the same year, Saffron was the 3144th most imported product in United States. United States imports Saffron primarily from: Spain ($15.8M), Netherlands ($2.91M), Afghanistan ($1.02M), Greece ($550k), and Portugal ($357k).

The fastest growing import markets in Saffron for United States between 2022 and 2023 were Greece ($436k), Netherlands ($354k), and Portugal ($264k).

Latest Trends

November 2024

About

Overview In November 2024 United States' Saffron exports accounted up to $17.1k and imports accounted up to $1.93M, resulting in a negative trade balance of $1.91M. Between November 2023 and November 2024 the exports of United States' Saffron have decreased by $-85.2k (-83.3%) from $102k to $17.1k, while imports increased by $981k (104%) from $947k to $1.93M.

Destinations In November 2024, Saffron were exported mostly to Barbados ($9.75k), Canada ($3.77k), Thailand ($3.59k), United Arab Emirates ($0), and Vietnam ($0), and were imported mostly from Spain ($1.57M), Afghanistan ($272k), Oman ($33.8k), Italy ($21.6k), and India ($14.1k).

Growth In November 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 November 2024, the increase in Saffron's year-by-year imports was explained primarily by an increase in imports from Spain ($549k or 50.6%) and India ($5.62k or 80.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-85.2k(-83.3%)

IMPORT GROWTH (November 2023 - November 2024)$981k(104%)

MAIN EXPORTER (November 2024)New York$329k

MAIN DESTINATION (November 2024)Barbados$9.75k

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 (2023)$305k

IMPORTS (2023)$21.3M

NET TRADE (2023)-$21M

In 2023, United States exported $305k in Saffron. The main destinations of United States exports on Saffron were Canada ($38.1k), Spain ($35.9k), Panama ($34.1k), Jamaica ($22.5k), and Saudi Arabia ($22.3k).

In 2023, United States imported $21.3M in Saffron, mainly from Spain ($15.8M), Netherlands ($2.91M), Afghanistan ($1.02M), Greece ($550k), and Portugal ($357k).

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