151229 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Cotton-seed or fractions simply refined. In 2022, Cotton-seed or fractions simply refined were the world's 3592nd most traded product, with a total trade of $240M. Between 2021 and 2022 the exports of Cotton-seed or fractions simply refined grew by 72.2%, from $140M to $240M. Trade in Cotton-seed or fractions simply refined represent 0.001% of total world trade.

Cotton-seed or fractions simply refined are a part of Seed Oils.

Exports In 2022 the top exporters of Cotton-seed or fractions simply refined  were United States ($68.8M), Turkey ($30.6M), Argentina ($27.7M), Kazakhstan ($18.8M), and Malaysia ($17.9M).

Imports In 2022 the top importers of Cotton-seed or fractions simply refined were Australia ($41.2M), Spain ($23.9M), Malaysia ($20.1M), Ethiopia ($19.9M), and Mexico ($14.3M).

Ranking Cotton-seed or fractions simply refined ranks 4425th in the Product Complexity Index (PCI).

Description -

Latest Data

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The following visualization shows the latest trends on Cotton-seed or fractions simply refined. 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 (2022)United States$68.8M
Top Destination (2022)Australia$41.2M

In 2022 Cotton-seed or fractions simply refined were the world's 3592nd most traded product (out of 4,648).

In 2022, the top exporters of Cotton-seed or fractions simply refined were United States ($68.8M), Turkey ($30.6M), Argentina ($27.7M), Kazakhstan ($18.8M), and Malaysia ($17.9M).

In 2022, the top importers of Cotton-seed or fractions simply refined were Australia ($41.2M), Spain ($23.9M), Malaysia ($20.1M), Ethiopia ($19.9M), and Mexico ($14.3M).

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Exporters of Cotton-seed or fractions simply refined (2022)
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Importers of Cotton-seed or fractions simply refined (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$42.6M
Top Destination Growth (2021 -  2022)Spain$20.2M

Between 2021 and 2022, the exports of Cotton-seed or fractions simply refined grew the fastest in United States ($42.6M), Turkey ($14.5M), Benin ($12.1M), China ($8.02M), and Spain ($6.32M).

Between 2021 and 2022, the fastest growing importers of Cotton-seed or fractions simply refined were Spain ($20.2M), Ethiopia ($18.8M), Netherlands ($9.36M), Belgium ($7.03M), and Nigeria ($6.31M).

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Exporters of Cotton-seed or fractions simply refined (2021 - 2022)

Importers of Cotton-seed or fractions simply refined (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cotton-seed or fractions simply refined.

In 2022, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Cotton-seed or fractions simply refined are explained by 11 countries.

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Value of Exports in Cotton-seed or fractions simply refined

Net Trade

TOP NET EXPORTER (2022)United States$56M
TOP NET IMPORTER (2022)Australia$40.7M

This map shows which countries export or import more of Cotton-seed or fractions simply refined. Each country is colored based on the difference in exports and imports of Cotton-seed or fractions simply refined during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cotton-seed or fractions simply refined were United States ($56M), Turkey ($29.5M), Argentina ($27.7M), Kazakhstan ($18.8M), and Benin ($15M).

In 2022, the countries that had a largest trade value in imports than in exports of Cotton-seed or fractions simply refined were Australia ($40.7M), Spain ($17.3M), Mexico ($14.3M), Canada ($12.4M), and Netherlands ($8.59M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cotton-seed or fractions simply refined.
It is possible to select the main countries that export or import Cotton-seed or fractions simply refined in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cotton-seed or fractions simply refined 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 (2022)

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