HS Icon Oil Seed Flower

Flours and meals of oil seeds or oleaginous fruits; other than those of mustard

1208 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Oil Seed Flower. In 2021, Oil Seed Flower were the world's 927th most traded product, with a total trade of $1.03B. Between 2020 and 2021 the exports of Oil Seed Flower grew by 29.6%, from $794M to $1.03B. Trade in Oil Seed Flower represent 0.000049% of total world trade.

Oil Seed Flower are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Soya bean flour or meal and Flour or meal of oil seed, fruit, except mustard, soy.

Exports In 2021 the top exporters of Oil Seed Flower  were United States ($412M), Italy ($84.6M), China ($63.3M), Germany ($43.4M), and Bolivia ($42.6M).

Imports In 2021 the top importers of Oil Seed Flower were Vietnam ($149M), South Korea ($71.1M), Japan ($66.6M), Peru ($41.6M), and Germany ($41M).

Tariffs In 2018 the average tariff for Oil Seed Flower was 7.42%, making it the 588th lowest tariff using the HS4 product classification.

Ranking Oil Seed Flower ranks 829th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Oil Seed Flower. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): United States, $412M

Top Destination (2021): Vietnam, $149M

Oil Seed Flower are the world's 927th most traded product.

In 2021, the top exporters of Oil Seed Flower were United States ($412M), Italy ($84.6M), China ($63.3M), Germany ($43.4M), and Bolivia ($42.6M).

In 2021, the top importers of Oil Seed Flower were Vietnam ($149M), South Korea ($71.1M), Japan ($66.6M), Peru ($41.6M), and Germany ($41M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): United States, $110M

Top Destination Growth (2020 -  2021): Vietnam, $120M

Between 2020 and 2021, the exports of Oil Seed Flower grew the fastest in United States ($110M), Canada ($25.3M), Greece ($19.5M), Bolivia ($16.7M), and China ($16.3M).

Between 2020 and 2021, the fastest growing importers of Oil Seed Flower were Vietnam ($120M), Japan ($43.3M), China ($24.2M), South Korea ($20.6M), and Peru ($17.1M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Oil Seed Flower.

In 2021, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Oil Seed Flower are explained by 13 countries.

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TOP NET EXPORTER (2021): United States, $385M

TOP NET IMPORTER (2021): Vietnam, $138M

This map shows which countries export or import more of Oil Seed Flower. Each country is colored based on the difference in exports and imports of Oil Seed Flower during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Oil Seed Flower were United States ($385M), Italy ($67.5M), Bolivia ($42.3M), Greece ($33M), and China ($31.6M).

In 2021, the countries that had a largest trade value in imports than in exports of Oil Seed Flower were Vietnam ($138M), South Korea ($70.6M), Japan ($64.9M), Peru ($40.8M), and Sweden ($39.8M).

Disaggregation

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Value

In 2021, the world most traded Oil Seed Flower, disaggragated by their HS6 level were Soya bean flour or meal ($751M) and Flour or meal of oil seed,... ($277M)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Oil Seed Flower to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.