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120760 (Harmonized System 1992 for 6-digit)

2022
World Trade $101MRnk 4105 / 4648
2022
Top Exporter | Top Importer $53.3M | $27.6MRussia | Turkey
2022
Product Complexity -1.24Rnk 4058 / 4653
2021 - 2022
Export Growth (CAGR) 26%Rnk 540 / 4648
2022
Share of World Trade 0.00043%Rnk 4105 / 4648

About

Overview This page contains the latest trade data of Safflower seeds. In 2022, Safflower seeds were the world's 4105th most traded product, with a total trade of $101M. Between 2021 and 2022 the exports of Safflower seeds grew by 26%, from $80.5M to $101M. Trade in Safflower seeds represent 0.00043% of total world trade.

Safflower seeds are a part of Other Oily Seeds.

Exports In 2022 the top exporters of Safflower seeds  were Russia ($53.3M), Kazakhstan ($26.4M), Netherlands ($3.64M), Turkey ($3.43M), and Bulgaria ($2.41M).

Imports In 2022 the top importers of Safflower seeds were Turkey ($27.6M), China ($18.9M), United States ($9.21M), Belgium ($5.48M), and Kyrgyzstan ($5.47M).

Ranking Safflower seeds ranks 4058th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Safflower 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)Russia$53.3M
Top Destination (2022)Turkey$27.6M

In 2022 Safflower seeds were the world's 4105th most traded product (out of 4,648).

In 2022, the top exporters of Safflower seeds were Russia ($53.3M), Kazakhstan ($26.4M), Netherlands ($3.64M), Turkey ($3.43M), and Bulgaria ($2.41M).

In 2022, the top importers of Safflower seeds were Turkey ($27.6M), China ($18.9M), United States ($9.21M), Belgium ($5.48M), and Kyrgyzstan ($5.47M).

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Exporters of Safflower seeds (2022)
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Importers of Safflower seeds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Russia$20.8M
Top Destination Growth (2021 -  2022)Turkey$10.6M

Between 2021 and 2022, the exports of Safflower seeds grew the fastest in Russia ($20.8M), Kazakhstan ($2.1M), Turkey ($1.5M), Mexico ($742k), and France ($609k).

Between 2021 and 2022, the fastest growing importers of Safflower seeds were Turkey ($10.6M), Kyrgyzstan ($5.46M), United States ($3.89M), Tajikistan ($2.54M), and Iraq ($1.08M).

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Exporters of Safflower seeds (2021 - 2022)

Importers of Safflower seeds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Safflower seeds.

In 2022, market concentration measured using Shannon Entropy, was 2.32. This means that most of the exports of Safflower seeds are explained by 4 countries.

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Value of Exports in Safflower seeds

Net Trade

TOP NET EXPORTER (2022)Russia$53.3M
TOP NET IMPORTER (2022)Turkey$24.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Safflower seeds were Russia ($53.3M), Kazakhstan ($24.3M), India ($1.76M), Spain ($1.35M), and Bulgaria ($1.22M).

In 2022, the countries that had a largest trade value in imports than in exports of Safflower seeds were Turkey ($24.2M), China ($18.7M), United States ($8.01M), Kyrgyzstan ($5.46M), and Belgium ($4.96M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Safflower 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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