HS Icon Sunflower-seed or safflower oil, crude

151211 (Harmonized System 1992 for 6-digit)

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).

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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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Ukraine, $5.61B

Top Destination (2021): India, $2.34B

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).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Ukraine, $901M

Top Destination Growth (2020 -  2021): Turkey, $659M

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).

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Market Concentration

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Cumulative market share

Value

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.

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TOP NET EXPORTER (2021): Ukraine, $5.61B

TOP NET IMPORTER (2021): India, $2.34B

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).

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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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.