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151219 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.89BRnk 565 / 4648
2022
Top Exporter | Top Importer $1.14B | $514MTurkey | Belgium
2022
Product Complexity -0.77Rnk 3559 / 4653
2021 - 2022
Export Growth (CAGR) 26.5%Rnk 518 / 4648
2022
Share of World Trade 0.029%Rnk 565 / 4648

About

Overview This page contains the latest trade data of Sunflower or safflower oil,fractions simply refined. In 2022, Sunflower or safflower oil,fractions simply refined were the world's 565th most traded product, with a total trade of $6.89B. Between 2021 and 2022 the exports of Sunflower or safflower oil,fractions simply refined grew by 26.5%, from $5.44B to $6.89B. Trade in Sunflower or safflower oil,fractions simply refined represent 0.029% of total world trade.

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

Exports In 2022 the top exporters of Sunflower or safflower oil,fractions simply refined  were Turkey ($1.14B), Ukraine ($836M), Spain ($525M), France ($437M), and Hungary ($412M).

Imports In 2022 the top importers of Sunflower or safflower oil,fractions simply refined were Belgium ($514M), France ($390M), Germany ($377M), Netherlands ($363M), and United States ($288M).

Ranking Sunflower or safflower oil,fractions simply refined ranks 3559th in the Product Complexity Index (PCI).

Description -

Latest Trends

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 (2022)Turkey$1.14B
Top Destination (2022)Belgium$514M

In 2022 Sunflower or safflower oil,fractions simply refined were the world's 565th most traded product (out of 4,648).

In 2022, the top exporters of Sunflower or safflower oil,fractions simply refined were Turkey ($1.14B), Ukraine ($836M), Spain ($525M), France ($437M), and Hungary ($412M).

In 2022, the top importers of Sunflower or safflower oil,fractions simply refined were Belgium ($514M), France ($390M), Germany ($377M), Netherlands ($363M), and United States ($288M).

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Exporters of Sunflower or safflower oil,fractions simply refined (2022)
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Importers of Sunflower or safflower oil,fractions simply refined (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$414M
Top Destination Growth (2021 -  2022)France$191M

Between 2021 and 2022, the exports of Sunflower or safflower oil,fractions simply refined grew the fastest in Turkey ($414M), Spain ($259M), Bulgaria ($140M), France ($114M), and Ukraine ($111M).

Between 2021 and 2022, the fastest growing importers of Sunflower or safflower oil,fractions simply refined were France ($191M), Netherlands ($140M), Belgium ($137M), Germany ($132M), and United States ($124M).

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Exporters of Sunflower or safflower oil,fractions simply refined (2021 - 2022)

Importers of Sunflower or safflower oil,fractions simply refined (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Sunflower or safflower oil,fractions simply refined are explained by 23 countries.

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

Net Trade

TOP NET EXPORTER (2022)Turkey$1.12B
TOP NET IMPORTER (2022)Belgium$261M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sunflower or safflower oil,fractions simply refined were Turkey ($1.12B), Ukraine ($830M), Spain ($415M), Russia ($376M), and Hungary ($363M).

In 2022, the countries that had a largest trade value in imports than in exports of Sunflower or safflower oil,fractions simply refined were Belgium ($261M), Djibouti ($253M), United Kingdom ($196M), Poland ($195M), and United States ($167M).

Net Trade (2022)

Country Comparison

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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 (2022)

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