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Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder

12 (Harmonized System 1992 for 2-digit)

2022
World Trade $150BRnk 30 / 96
2022
Top Exporter | Top Importer $47.7B | $60.5BBrazil | China
2022
Product Complexity -1.85Rnk 93 / 96
2021 - 2022
Export Growth (CAGR) 15.5%Rnk 20 / 96
2022
Share of World Trade 0.63%Rnk 30 / 96

About

Overview This page contains the latest trade data of Oils seeds, oleaginous fruits, grains, straw & fodder. In 2022, Oils seeds, oleaginous fruits, grains, straw & fodder were the world's 30th most traded product, with a total trade of $150B. Between 2021 and 2022 the exports of Oils seeds, oleaginous fruits, grains, straw & fodder grew by 15.5%, from $130B to $150B. Trade in Oils seeds, oleaginous fruits, grains, straw & fodder represent 0.63% of total world trade.

Oils seeds, oleaginous fruits, grains, straw & fodder are a part of Vegetable Products. They include Soybeans, Rapeseed, Sowing Seeds, Other Oily Seeds, Sunflower Seeds, Perfume Plants, Ground Nuts, Forage Crops, Locust beans, seaweed, sugar beet, cane, for food, and Oil Seed Flower, among others.

Exports In 2022 the top exporters of Oils seeds, oleaginous fruits, grains, straw & fodder  were Brazil ($47.7B), United States ($39.5B), Canada ($8.1B), Australia ($6.42B), and Argentina ($4.38B).

Imports In 2022 the top importers of Oils seeds, oleaginous fruits, grains, straw & fodder were China ($60.5B), Germany ($8.59B), Japan ($6.28B), Mexico ($5.8B), and Netherlands ($4.92B).

Ranking Oils seeds, oleaginous fruits, grains, straw & fodder ranks 93rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Oils seeds, oleaginous fruits, grains, straw & fodder. 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)Brazil$47.7B
Top Destination (2022)China$60.5B

In 2022 Oils seeds, oleaginous fruits, grains, straw & fodder were the world's 30th most traded product (out of 96).

In 2022, the top exporters of Oils seeds, oleaginous fruits, grains, straw & fodder were Brazil ($47.7B), United States ($39.5B), Canada ($8.1B), Australia ($6.42B), and Argentina ($4.38B).

In 2022, the top importers of Oils seeds, oleaginous fruits, grains, straw & fodder were China ($60.5B), Germany ($8.59B), Japan ($6.28B), Mexico ($5.8B), and Netherlands ($4.92B).

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Exporters of Oils seeds, oleaginous fruits, grains, straw & fodder (2022)
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Importers of Oils seeds, oleaginous fruits, grains, straw & fodder (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$8.4B
Top Destination Growth (2021 -  2022)China$10.2B

Between 2021 and 2022, the exports of Oils seeds, oleaginous fruits, grains, straw & fodder grew the fastest in Brazil ($8.4B), United States ($6.97B), Australia ($3.35B), Ukraine ($1.61B), and Argentina ($782M).

Between 2021 and 2022, the fastest growing importers of Oils seeds, oleaginous fruits, grains, straw & fodder were China ($10.2B), Germany ($1.85B), Japan ($1.1B), Mexico ($1.01B), and Romania ($741M).

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Exporters of Oils seeds, oleaginous fruits, grains, straw & fodder (2021 - 2022)

Importers of Oils seeds, oleaginous fruits, grains, straw & fodder (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oils seeds, oleaginous fruits, grains, straw & fodder.

In 2022, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Oils seeds, oleaginous fruits, grains, straw & fodder are explained by 13 countries.

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Value of Exports in Oils seeds, oleaginous fruits, grains, straw & fodder

Net Trade

TOP NET EXPORTER (2022)Brazil$47.3B
TOP NET IMPORTER (2022)China$57.1B

This map shows which countries export or import more of Oils seeds, oleaginous fruits, grains, straw & fodder. Each country is colored based on the difference in exports and imports of Oils seeds, oleaginous fruits, grains, straw & fodder during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Oils seeds, oleaginous fruits, grains, straw & fodder were Brazil ($47.3B), United States ($36.4B), Canada ($6.76B), Australia ($6.1B), and Ukraine ($3.58B).

In 2022, the countries that had a largest trade value in imports than in exports of Oils seeds, oleaginous fruits, grains, straw & fodder were China ($57.1B), Germany ($6.78B), Japan ($6.16B), Mexico ($5.59B), and Spain ($2.75B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Oils seeds, oleaginous fruits, grains, straw..., disaggragated by their HS6 level were Soybeans ($93.8B), Rapeseed ($16.7B), Sowing Seeds ($8.49B), Sunflower Seeds ($6.82B), and Other Oily Seeds ($6.43B)

HS6 Disaggregation for Oils seeds, oleaginous fruits, grains, straw & fodder (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Oils seeds, oleaginous fruits, grains, straw & fodder.
It is possible to select the main countries that export or import Oils seeds, oleaginous fruits, grains, straw & fodder in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Oils seeds, oleaginous fruits, grains, straw & fodder by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMexico+ $209M
TOP IMPORT POTENTIALUruguay+ $9.15M

Oils seeds, oleaginous fruits, grains, straw & fodder’s highest export potential is Mexico. With an export gap of $209M.  Oils seeds, oleaginous fruits, grains, straw & fodder’s highest import potential is Uruguay with an import gap of $9.15M.

See methodology.

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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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