Saffron in United States | The Observatory of Economic Complexity

About

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).

Imports In 2022, United States imported $19.9M in Saffron, becoming the 3rd largest importer of Saffron in the world. At the same year, Saffron was the 3295th most imported product in United States. United States imports Saffron primarily from: Spain ($14.2M), Netherlands ($2.55M), Afghanistan ($1.55M), Nigeria ($368k), and India ($207k).

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

September 2024

About

Overview In September 2024 United States' Saffron exports accounted up to $50k and imports accounted up to $1.6M, resulting in a negative trade balance of $1.55M. Between September 2023 and September 2024 the exports of United States' Saffron have increased by $14.6k (41.3%) from $35.4k to $50k, while imports decreased by $-65.5k (-3.94%) from $1.66M to $1.6M.

Destinations In September 2024, Saffron were exported mostly to Canada ($35k), Mexico ($12.4k), Aruba ($2.64k), United Arab Emirates ($0), and Vietnam ($0), and were imported mostly from Spain ($1.57M), Afghanistan ($12.6k), Morocco ($5.55k), Georgia ($2.92k), and India ($2.5k).

Growth In September 2024, the increase in Saffron's year-by-year exports was explained primarily by an increase in exports to . In September 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 (September 2023 - September 2024)$14.6k(41.3%)

IMPORT GROWTH (September 2023 - September 2024)$-65.5k(-3.94%)

MAIN EXPORTER (September 2024)New York$329k

MAIN DESTINATION (September 2024)Canada$35k

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

IMPORTS (2022)$19.9M

In 2022, United States imported $19.9M in Saffron, mainly from Spain ($14.2M), Netherlands ($2.55M), Afghanistan ($1.55M), Nigeria ($368k), and India ($207k).

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