Oil Seed FlowerFlours and meals of oil seeds or oleaginous fruits; other than those of mustard
1208 (Harmonized System 1992 for 4-digit)
2021 World Trade: $1.03B, Rnk 927 / 1217
2021 Top Exporter | Top Importer: $412M | $149M, United States | Vietnam
2021 Product Complexity: -0.97, Rnk 829 / 1024
2020 - 2021 Export Growth (CAGR): 29.6%, Rnk 337 / 1217
2018 Mean Tariff: 7.42%, Rnk 588 / 1259
2021 Share of World Trade: <0.01%, Rnk 927 / 1217
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).
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.
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).
Trade by country
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).
Cumulative market share
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.
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).
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)
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.
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.
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