Sunflower-seed or safflower oil, crude151211 (Harmonized System 1992 for 6-digit)
2020 World Trade: $9.02B, Rnk 329 / 4613
2020 Top Exporter | Top Importer: $4.71B | $1.9B, Ukraine | India
2020 Product Complexity: -1.05, Rnk 3994 / 4783
2019 - 2020 Export Growth (CAGR): 14.5%, Rnk 325 / 4613
2018 Mean Tariff: 11.8%, Rnk 1780 / 6538
2020 Share of World Trade: 0.054%, Rnk 329 / 4613
Overview This page contains the latest trade data of Sunflower-seed or safflower oil, crude. In 2020, Sunflower-seed or safflower oil, crude were the world's 329th most traded product, with a total trade of $9.02B. Between 2019 and 2020 the exports of Sunflower-seed or safflower oil, crude grew by 14.5%, from $7.88B to $9.02B. Trade in Sunflower-seed or safflower oil, crude represent 0.054% of total world trade.
Sunflower-seed or safflower oil, crude are a part of Seed Oils.
Exports In 2020 the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($4.71B), Russia ($1.83B), Netherlands ($513M), Bulgaria ($369M), and Argentina ($305M).
Imports In 2020 the top importers of Sunflower-seed or safflower oil, crude were India ($1.9B), China ($1.53B), Netherlands ($618M), Turkey ($596M), and Italy ($484M).
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.
The countries with the highest import tariffs for Sunflower-seed or safflower oil, crude are India (85.4%), Switzerland (58.5%), Liechtenstein (58.4%), Bhutan (49.8%), and Sri Lanka (44.7%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), Zambia (0%), and Hong Kong (0%).
Ranking Sunflower-seed or safflower oil, crude ranks 3994th 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 329th most traded product.
In 2020, the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($4.71B), Russia ($1.83B), Netherlands ($513M), Bulgaria ($369M), and Argentina ($305M).
In 2020, the top importers of Sunflower-seed or safflower oil, crude were India ($1.9B), China ($1.53B), Netherlands ($618M), Turkey ($596M), and Italy ($484M).
Trade by country
Between 2019 and 2020, the exports of Sunflower-seed or safflower oil, crude grew the fastest in Ukraine ($905M), Bulgaria ($135M), Russia ($92.2M), Netherlands ($81.1M), and Poland ($46.8M).
Between 2019 and 2020, the fastest growing importers of Sunflower-seed or safflower oil, crude were China ($673M), Turkey ($197M), India ($182M), Germany ($101M), and Italy ($70.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sunflower-seed or safflower oil, crude.
In 2020, market concentration measured using Shannon Entropy, was 2.58. This means that most of the exports of Sunflower-seed or safflower oil, crude are explained by 5 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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Sunflower-seed or safflower oil, crude were Ukraine ($4.71B), Russia ($1.83B), Bulgaria ($347M), Argentina ($305M), and Hungary ($197M).
In 2020, the countries that had a largest trade value in imports than in exports of Sunflower-seed or safflower oil, crude were India ($1.9B), China ($1.53B), Turkey ($504M), Italy ($458M), and Spain ($430M).
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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