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120730 (Harmonized System 1992 for 6-digit)

2022
World Trade $17MRnk 4494 / 4648
2022
Top Exporter | Top Importer $5.32M | $8.37MEthiopia | China
2022
Product Complexity -2.87Rnk 4645 / 4653
2021 - 2022
Export Growth (CAGR) 4.21%Rnk 2339 / 4648
2022
Share of World Trade <0.01%Rnk 4494 / 4648

About

Overview This page contains the latest trade data of Castor oil seeds. In 2022, Castor oil seeds were the world's 4494th most traded product, with a total trade of $17M. Between 2021 and 2022 the exports of Castor oil seeds grew by 4.21%, from $16.3M to $17M. Trade in Castor oil seeds represent 0.000072% of total world trade.

Castor oil seeds are a part of Other Oily Seeds.

Exports In 2022 the top exporters of Castor oil seeds  were Ethiopia ($5.32M), Burma ($4.47M), Pakistan ($2.08M), India ($1.39M), and Brazil ($1.22M).

Imports In 2022 the top importers of Castor oil seeds were China ($8.37M), Vietnam ($2.85M), United Arab Emirates ($1.85M), Kenya ($1.12M), and Democratic Republic of the Congo ($727k).

Ranking Castor oil seeds ranks 4645th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Castor oil seeds. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Ethiopia$5.32M
Top Destination (2022)China$8.37M

In 2022 Castor oil seeds were the world's 4494th most traded product (out of 4,648).

In 2022, the top exporters of Castor oil seeds were Ethiopia ($5.32M), Burma ($4.47M), Pakistan ($2.08M), India ($1.39M), and Brazil ($1.22M).

In 2022, the top importers of Castor oil seeds were China ($8.37M), Vietnam ($2.85M), United Arab Emirates ($1.85M), Kenya ($1.12M), and Democratic Republic of the Congo ($727k).

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Exporters of Castor oil seeds (2022)
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Importers of Castor oil seeds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$1.19M
Top Destination Growth (2021 -  2022)Kenya$1.12M

Between 2021 and 2022, the exports of Castor oil seeds grew the fastest in Brazil ($1.19M), Ethiopia ($993k), Burma ($814k), Nigeria ($485k), and Tanzania ($219k).

Between 2021 and 2022, the fastest growing importers of Castor oil seeds were Kenya ($1.12M), United Arab Emirates ($877k), Democratic Republic of the Congo ($727k), Republic of the Congo ($411k), and Japan ($373k).

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Exporters of Castor oil seeds (2021 - 2022)

Importers of Castor oil seeds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Castor oil seeds.

In 2022, market concentration measured using Shannon Entropy, was 2.78. This means that most of the exports of Castor oil seeds are explained by 6 countries.

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Value of Exports in Castor oil seeds

Net Trade

TOP NET EXPORTER (2022)Ethiopia$5.32M
TOP NET IMPORTER (2022)China$8.34M

This map shows which countries export or import more of Castor oil seeds. Each country is colored based on the difference in exports and imports of Castor oil seeds during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Castor oil seeds were Ethiopia ($5.32M), Burma ($4.47M), Pakistan ($2.08M), India ($1.29M), and Brazil ($804k).

In 2022, the countries that had a largest trade value in imports than in exports of Castor oil seeds were China ($8.34M), United Arab Emirates ($1.8M), Kenya ($354k), France ($137k), and Spain ($16.2k).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Castor oil seeds.
It is possible to select the main countries that export or import Castor oil seeds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Castor oil seeds by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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