Sunflower-seed or safflower oil, crude151211 (Harmonized System 1992 for 6-digit)
2021 World Trade: $11.2B, Rnk 327 / 4641
2021 Top Exporter | Top Importer: $5.61B | $2.34B, Ukraine | India
2021 Product Complexity: -1.2, Rnk 4002 / 4648
2020 - 2021 Export Growth (CAGR): 24%, Rnk 1881 / 4641
2018 Mean Tariff: 11.8%, Rnk 1780 / 6538
2021 Share of World Trade: 0.00053%, Rnk 327 / 4641
Overview This page contains the latest trade data of Sunflower-seed or safflower oil, crude. In 2021, Sunflower-seed or safflower oil, crude were the world's 327th most traded product, with a total trade of $11.2B. Between 2020 and 2021 the exports of Sunflower-seed or safflower oil, crude grew by 24%, from $9.04B to $11.2B. Trade in Sunflower-seed or safflower oil, crude represent 0.00053% of total world trade.
Sunflower-seed or safflower oil, crude are a part of Seed Oils.
Exports In 2021 the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($5.61B), Russia ($2.42B), Bulgaria ($626M), Netherlands ($522M), and Hungary ($330M).
Imports In 2021 the top importers of Sunflower-seed or safflower oil, crude were India ($2.34B), China ($1.31B), Turkey ($1.25B), Netherlands ($774M), and Spain ($729M).
Tariffs In 2018 the average tariff for Sunflower-seed or safflower oil, crude was 11.8%, making it the 1780th lowest tariff using the HS6 product classification.
Ranking Sunflower-seed or safflower oil, crude ranks 4002nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Sunflower-seed or safflower oil, crude. 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
Sunflower-seed or safflower oil, crude are the world's 327th most traded product.
In 2021, the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($5.61B), Russia ($2.42B), Bulgaria ($626M), Netherlands ($522M), and Hungary ($330M).
In 2021, the top importers of Sunflower-seed or safflower oil, crude were India ($2.34B), China ($1.31B), Turkey ($1.25B), Netherlands ($774M), and Spain ($729M).
Trade by country
Between 2020 and 2021, the exports of Sunflower-seed or safflower oil, crude grew the fastest in Ukraine ($901M), Russia ($592M), Bulgaria ($257M), Hungary ($110M), and Turkey ($103M).
Between 2020 and 2021, the fastest growing importers of Sunflower-seed or safflower oil, crude were Turkey ($659M), India ($436M), Spain ($257M), Netherlands ($156M), and Italy ($151M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sunflower-seed or safflower oil, crude.
In 2021, market concentration measured using Shannon Entropy, was 2.61. This means that most of the exports of Sunflower-seed or safflower oil, crude are explained by 6 countries.
This map shows which countries export or import more of Sunflower-seed or safflower oil, crude. Each country is colored based on the difference in exports and imports of Sunflower-seed or safflower oil, crude during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Sunflower-seed or safflower oil, crude were Ukraine ($5.61B), Russia ($2.42B), Bulgaria ($612M), Argentina ($328M), and Hungary ($314M).
In 2021, the countries that had a largest trade value in imports than in exports of Sunflower-seed or safflower oil, crude were India ($2.34B), China ($1.3B), Turkey ($1.06B), Spain ($679M), and Italy ($612M).
This visualization shows the countries that have an important ratio of their trade related to Sunflower-seed or safflower oil, crude. It is possible to select the main countries that export or import Sunflower-seed or safflower oil, crude 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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