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2022
Exports $181MWorld Rnk 12 / 173
Flag Rnk 615 / 1217
2022
Destination $6.33M South Korea
2021 - 2022
FASTEST GROWING MARKET $6.33MCanada
2022
PRODUCT COMPLEXITY IN Other Oily Seeds-2.33Rnk 1015 / 1025
2022
Imports $418MWorld Rnk 2 / 217
Flag Rnk 598 / 1216
2022
Origin $38.5M Canada
2021 - 2022
FASTEST GROWING ORIGIN $38.5MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $181M in Other Oily Seeds, making it the 12th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 615th most exported product in United States. The main destination of Other Oily Seeds exports from United States are: South Korea ($29.8M), Canada ($27.1M), Saudi Arabia ($22.6M), Mexico ($20.2M), and Japan ($15.1M).

The fastest growing export markets for Other Oily Seeds of United States between 2021 and 2022 were Canada ($6.33M), China ($2.09M), and Spain ($1.31M).

Imports In 2022, United States imported $418M in Other Oily Seeds, becoming the 2nd largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 598th most imported product in United States. United States imports Other Oily Seeds primarily from: Canada ($144M), India ($53M), Paraguay ($35.3M), Mexico ($34.8M), and Australia ($18.5M).

The fastest growing import markets in Other Oily Seeds for United States between 2021 and 2022 were Canada ($38.5M), Mexico ($19.9M), and Australia ($9.11M).

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

September 2024

About

Overview In September 2024 United States' Other Oily Seeds exports accounted up to $12.8M and imports accounted up to $37.1M, resulting in a negative trade balance of $24.3M. Between September 2023 and September 2024 the exports of United States'   Other Oily Seeds have decreased by $-14.6M (-53.4%) from $27.4M to $12.8M, while imports increased by $9.43M (34.1%) from $27.7M to $37.1M.

Destinations In September 2024, Other Oily Seeds were exported mostly to Mexico ($4.11M), Canada ($2.45M), South Korea ($1.21M), Guatemala ($736k), and Honduras ($713k), and were imported mostly from Canada ($11.6M), Australia ($8.85M), India ($4.56M), Paraguay ($3.25M), and Mexico ($1.57M).

Growth In September 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 September 2024, the increase in Other Oily Seeds's year-by-year imports was explained primarily by an increase in imports from Australia ($8.9M or 22.3k%), Canada ($1.04M or 10.2%), and Paraguay ($950k or 28.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-14.6M(-53.4%)
IMPORT GROWTH (September 2023 - September 2024)$9.43M(34.1%)
MAIN EXPORTER (September 2024)Georgia$6.44M
MAIN DESTINATION (September 2024)Mexico$4.11M

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 (2022)$181M
IMPORTS (2022)$418M
NET TRADE (2022)-$237M

In 2022, United States exported $181M in Other Oily Seeds. The main destinations of United States exports on Other Oily Seeds were South Korea ($29.8M), Canada ($27.1M), Saudi Arabia ($22.6M), Mexico ($20.2M), and Japan ($15.1M).

In 2022, United States imported $418M in Other Oily Seeds, mainly from Canada ($144M), India ($53M), Paraguay ($35.3M), Mexico ($34.8M), and Australia ($18.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$6.33M (30.5%)
China$2.09M (37.2%)
Spain$1.31M (81.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY United States WERE (2021 - 2022):
Mexico-$8.36M (-29.3%)
Japan-$5.96M (-28.4%)
Netherlands-$2.02M (-22.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, United States's main importing competitors in Other Oily Seeds were:
China $1.48B
Turkey $335M

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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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