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2023
Exports $199MWorld Rnk 13 / 177
Flag Rnk 567 / 1217
2023
Destination $19.4M South Korea
2022 - 2023
FASTEST GROWING MARKET $19.4MMexico
2023
PRODUCT COMPLEXITY IN Other Oily Seeds-2.38Rnk 1016 / 1025
2023
Imports $472MWorld Rnk 3 / 213
Flag Rnk 534 / 1215
2023
Origin $15.8M Canada
2022 - 2023
FASTEST GROWING ORIGIN $15.8MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $199M in Other Oily Seeds, making it the 13th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 567th most exported product in United States. The main destination of Other Oily Seeds exports from United States are: South Korea ($39.9M), Saudi Arabia ($37.3M), Mexico ($31.5M), Canada ($22.1M), and China ($19.2M).

The fastest growing export markets for Other Oily Seeds of United States between 2022 and 2023 were Mexico ($19.4M), South Korea ($10.7M), and Saudi Arabia ($10.1M).

Imports In 2023, United States imported $472M in Other Oily Seeds, becoming the 3rd largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 534th most imported product in United States. United States imports Other Oily Seeds primarily from: Canada ($158M), India ($64.6M), Paraguay ($49.5M), Australia ($30M), and Mexico ($23.5M).

The fastest growing import markets in Other Oily Seeds for United States between 2022 and 2023 were Canada ($15.8M), Paraguay ($11.6M), and Australia ($5.81M).

COMPANIES In 2023, leading companies such as Stelfast (342), Motorola (14), and CrimsonLogic (4) were at the forefront of shipping Other Oily Seeds to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Oily Seeds exports accounted up to $17.2M and imports accounted up to $36.9M, resulting in a negative trade balance of $19.8M. Between November 2023 and November 2024 the exports of United States'   Other Oily Seeds have decreased by $-6.53M (-27.6%) from $23.7M to $17.2M, while imports decreased by $-1.62M (-4.21%) from $38.5M to $36.9M.

Destinations In November 2024, Other Oily Seeds were exported mostly to South Korea ($4.72M), Mexico ($3.64M), Canada ($2.1M), Japan ($1.6M), and Netherlands ($726k), and were imported mostly from Canada ($11.4M), Paraguay ($8.06M), India ($4.67M), China ($1.89M), and Ethiopia ($1.5M).

Growth In November 2024, the decrease in Other Oily Seeds's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-2.62M or -48%), Japan ($-1.92M or -84.5%), and China ($-1.41M or -99.2%). In November 2024, the decrease in Other Oily Seeds's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-1.02M or -97.5%), Peru ($-951k or -70.7%), and Ethiopia ($-659k or -46.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-6.53M(-27.6%)
IMPORT GROWTH (November 2023 - November 2024)$-1.62M(-4.21%)
MAIN EXPORTER (November 2024)Georgia$6.44M
MAIN DESTINATION (November 2024)South Korea$4.72M

This section shows Other Oily Seeds's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$199M
IMPORTS (2023)$472M
NET TRADE (2023)-$273M

In 2023, United States exported $199M in Other Oily Seeds. The main destinations of United States exports on Other Oily Seeds were South Korea ($39.9M), Saudi Arabia ($37.3M), Mexico ($31.5M), Canada ($22.1M), and China ($19.2M).

In 2023, United States imported $472M in Other Oily Seeds, mainly from Canada ($158M), India ($64.6M), Paraguay ($49.5M), Australia ($30M), and Mexico ($23.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$19.4M (161%)
South Korea$10.7M (36.6%)
Saudi Arabia$10.1M (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY United States WERE (2022 - 2023):
Japan-$6.11M (-38.9%)
Honduras-$2.62M (-72.6%)
Morocco-$2.5M (-81.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Other Oily Seeds were:
Sudan $709M
India $576M
China $411M
In 2023, United States's main importing competitors in Other Oily Seeds were:
China $1.8B
Turkey $549M

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.96M
TOP IMPORT POTENTIALIndia+ $18M

Other Oily Seeds’s highest export potential is China. With an export gap of $8.96M.   Other Oily Seeds’s highest import potential is India with an import gap of $18M.

See methodology.

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