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120730 (Harmonized System 1992 for 6-digit)

2023
World Trade $32.5MRnk 4404 / 4644
2023
Top Exporter | Top Importer $11.9M | $14.2MEthiopia | China
2023
Product Complexity -2.94Rnk 4644 / 4656
2022 - 2023
Export Growth (CAGR) 55.5%Rnk 61 / 4644
2023
Share of World Trade 0.00014%Rnk 4404 / 4644

About

Overview This page contains the latest trade data of Castor oil seeds. In 2023, Castor oil seeds were the world's 4404th most traded product, with a total trade of $32.5M. Between 2022 and 2023 the exports of Castor oil seeds grew by 55.5%, from $20.9M to $32.5M. Trade in Castor oil seeds represent 0.00014% of total world trade.

Castor oil seeds are a part of Other Oily Seeds.

Exports In 2023 the top exporters of Castor oil seeds  were Ethiopia ($11.9M), India ($9.76M), Brazil ($3.6M), Burma ($3.09M), and Pakistan ($2.69M).

Imports In 2023 the top importers of Castor oil seeds were China ($14.2M), Kenya ($9.12M), United Arab Emirates ($2.8M), Vietnam ($1.87M), and Republic of the Congo ($1.17M).

Ranking Castor oil seeds ranks 4644th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Castor oil seeds. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Ethiopia$11.9M
Top Destination (2023)China$14.2M

In 2023 Castor oil seeds were the world's 4404th most traded product (out of 4,644).

In 2023, the top exporters of Castor oil seeds were Ethiopia ($11.9M), India ($9.76M), Brazil ($3.6M), Burma ($3.09M), and Pakistan ($2.69M).

In 2023, the top importers of Castor oil seeds were China ($14.2M), Kenya ($9.12M), United Arab Emirates ($2.8M), Vietnam ($1.87M), and Republic of the Congo ($1.17M).

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Exporters of Castor oil seeds (2023)
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Importers of Castor oil seeds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$7.69M
Top Destination Growth (2022 -  2023)Kenya$8.27M

Between 2022 and 2023, the exports of Castor oil seeds grew the fastest in India ($7.69M), Ethiopia ($3.72M), Brazil ($2.43M), Pakistan ($382k), and Zambia ($289k).

Between 2022 and 2023, the fastest growing importers of Castor oil seeds were Kenya ($8.27M), China ($2.49M), Singapore ($991k), Republic of the Congo ($757k), and Rwanda ($650k).

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Exporters of Castor oil seeds (2022 - 2023)

Importers of Castor oil seeds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Castor oil seeds.

In 2023, market concentration measured using Shannon Entropy, was 2.35. This means that most of the exports of Castor oil seeds are explained by 5 countries.

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Value of Exports in Castor oil seeds

Net Trade

TOP NET EXPORTER (2023)Ethiopia$11.9M
TOP NET IMPORTER (2023)China$14.1M

This map shows which countries export or import more of Castor oil seeds. Each country is colored based on the difference in exports and imports of Castor oil seeds during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Castor oil seeds were Ethiopia ($11.9M), India ($9.51M), Burma ($3.09M), Brazil ($3.06M), and Pakistan ($2.69M).

In 2023, the countries that had a largest trade value in imports than in exports of Castor oil seeds were China ($14.1M), Kenya ($8.88M), United Arab Emirates ($2.77M), Singapore ($1.09M), and Spain ($26.8k).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Castor oil seeds.
It is possible to select the main countries that export or import Castor oil seeds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Castor oil seeds by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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