151219 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Sunflower or safflower oil,fractions simply refined. In 2023, Sunflower or safflower oil,fractions simply refined were the world's 592nd most traded product, with a total trade of $6.11B. Between 2022 and 2023 the exports of Sunflower or safflower oil,fractions simply refined decreased by -7.82%, from $6.63B to $6.11B. Trade in Sunflower or safflower oil,fractions simply refined represent 0.027% of total world trade.

Sunflower or safflower oil,fractions simply refined are a part of Seed Oils.

Exports In 2023 the top exporters of Sunflower or safflower oil,fractions simply refined  were Turkey ($1.03B), Ukraine ($634M), Netherlands ($461M), France ($392M), and Russia ($372M).

Imports In 2023 the top importers of Sunflower or safflower oil,fractions simply refined were Belgium ($436M), Ethiopia ($419M), Djibouti ($399M), France ($272M), and Netherlands ($251M).

Ranking Sunflower or safflower oil,fractions simply refined ranks 3420th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Sunflower or safflower oil,fractions simply refined. 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 (2023)Turkey$1.03B
Top Destination (2023)Belgium$436M

In 2023 Sunflower or safflower oil,fractions simply refined were the world's 592nd most traded product (out of 4,644).

In 2023, the top exporters of Sunflower or safflower oil,fractions simply refined were Turkey ($1.03B), Ukraine ($634M), Netherlands ($461M), France ($392M), and Russia ($372M).

In 2023, the top importers of Sunflower or safflower oil,fractions simply refined were Belgium ($436M), Ethiopia ($419M), Djibouti ($399M), France ($272M), and Netherlands ($251M).

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Exporters of Sunflower or safflower oil,fractions simply refined (2023)
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Importers of Sunflower or safflower oil,fractions simply refined (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Djibouti$358M
Top Destination Growth (2022 -  2023)Ethiopia$384M

Between 2022 and 2023, the exports of Sunflower or safflower oil,fractions simply refined grew the fastest in Djibouti ($358M), Netherlands ($67.2M), Hungary ($38.4M), France ($21.7M), and Belgium ($20.6M).

Between 2022 and 2023, the fastest growing importers of Sunflower or safflower oil,fractions simply refined were Ethiopia ($384M), Uzbekistan ($41M), Sudan ($39.7M), Greece ($31.1M), and Portugal ($16.9M).

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Exporters of Sunflower or safflower oil,fractions simply refined (2022 - 2023)

Importers of Sunflower or safflower oil,fractions simply refined (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sunflower or safflower oil,fractions simply refined.

In 2023, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Sunflower or safflower oil,fractions simply refined are explained by 22 countries.

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Value of Exports in Sunflower or safflower oil,fractions simply refined

Net Trade

TOP NET EXPORTER (2023)Turkey$1.01B
TOP NET IMPORTER (2023)Ethiopia$419M

This map shows which countries export or import more of Sunflower or safflower oil,fractions simply refined. Each country is colored based on the difference in exports and imports of Sunflower or safflower oil,fractions simply refined during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sunflower or safflower oil,fractions simply refined were Turkey ($1.01B), Ukraine ($633M), Russia ($371M), Hungary ($329M), and Netherlands ($210M).

In 2023, the countries that had a largest trade value in imports than in exports of Sunflower or safflower oil,fractions simply refined were Ethiopia ($419M), Uzbekistan ($191M), United Kingdom ($176M), United States ($162M), and Poland ($141M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sunflower or safflower oil,fractions simply refined 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 (2023)

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