Seed Oils in   United States

Overview In August 2024 United States' Seed Oils exports accounted up to $8.25M and imports accounted up to $18.9M, resulting in a negative trade balance of $10.6M. Between August 2023 and August 2024 the exports of United States'   Seed Oils have decreased by $-4.65M (-36%) from $12.9M to $8.25M, while imports decreased by $-28.8M (-60.4%) from $47.7M to $18.9M.

Destinations In August 2024, Seed Oils were exported mostly to Canada ($4.69M), Mexico ($1.83M), Malaysia ($556k), Australia ($533k), and South Korea ($188k), and were imported mostly from Ukraine ($5.66M), Turkey ($3.54M), Mexico ($3.36M), Spain ($2.82M), and Argentina ($1.2M).

Growth In August 2024, the decrease in Seed Oils's year-by-year exports was explained primarily by a decrease in exports to Canada ($-5.08M or -33.6%), Mexico ($-2.71M or -58.8%), and Chinese Taipei ($-141k or -42.3%). In August 2024, the decrease in Seed Oils's year-by-year imports was explained primarily by a decrease in imports from Ukraine ($-11.9M or -96.4%), France ($-228k or -3.42%), and Russia ($-134k or -88.5%).