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Pricing

Flours and meals of oil seeds or oleaginous fruits; other than those of mustard

1208 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.18BRnk 900 / 1217
2023
Top Exporter | Top Importer $448M | $142MUnited States | Vietnam
2023
Product Complexity -1.47Rnk 953 / 1044
2022 - 2023
Export Growth (CAGR) 22.8%Rnk 47 / 1217
2023
Share of World Trade 0.0052%Rnk 900 / 1217

About

Overview This page contains the latest trade data of Oil Seed Flower. In 2023, Oil Seed Flower were the world's 900th most traded product, with a total trade of $1.18B. Between 2022 and 2023 the exports of Oil Seed Flower grew by 22.8%, from $959M to $1.18B. Trade in Oil Seed Flower represent 0.0052% of total world trade.

Oil Seed Flower are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Soya bean flour or meal and Flour or meal of oil seed, fruit, except mustard, soy.

Exports In 2023 the top exporters of Oil Seed Flower  were United States ($448M), South Africa ($92.3M), Netherlands ($90.3M), Nigeria ($60.6M), and China ($48.9M).

Imports In 2023 the top importers of Oil Seed Flower were Vietnam ($142M), Dominican Republic ($98.5M), South Korea ($81.9M), Belgium ($78.5M), and India ($77M).

Ranking Oil Seed Flower ranks 953rd 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 Oil Seed Flower. 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)United States$448M
Top Destination (2023)Vietnam$142M

In 2023 Oil Seed Flower were the world's 900th most traded product (out of 1,217).

In 2023, the top exporters of Oil Seed Flower were United States ($448M), South Africa ($92.3M), Netherlands ($90.3M), Nigeria ($60.6M), and China ($48.9M).

In 2023, the top importers of Oil Seed Flower were Vietnam ($142M), Dominican Republic ($98.5M), South Korea ($81.9M), Belgium ($78.5M), and India ($77M).

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Exporters of Oil Seed Flower (2023)
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Importers of Oil Seed Flower (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$87M
Top Destination Growth (2022 -  2023)Pakistan$75.1M

Between 2022 and 2023, the exports of Oil Seed Flower grew the fastest in United States ($87M), South Africa ($76.1M), Nigeria ($60.4M), Tanzania ($30.4M), and Netherlands ($12.7M).

Between 2022 and 2023, the fastest growing importers of Oil Seed Flower were Pakistan ($75.1M), India ($61.5M), China ($18.8M), Canada ($17M), and Burma ($12.7M).

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Exporters of Oil Seed Flower (2022 - 2023)

Importers of Oil Seed Flower (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oil Seed Flower.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Oil Seed Flower are explained by 14 countries.

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Value of Exports in Oil Seed Flower

Net Trade

TOP NET EXPORTER (2023)United States$418M
TOP NET IMPORTER (2023)Vietnam$142M

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

In 2023, the countries that had a largest trade value in exports than in imports of Oil Seed Flower were United States ($418M), South Africa ($91.1M), Netherlands ($75.5M), Nigeria ($60.2M), and Bolivia ($42.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Oil Seed Flower were Vietnam ($142M), Dominican Republic ($98.5M), South Korea ($81.5M), Pakistan ($75.1M), and Belgium ($69.8M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Oil Seed Flower, disaggragated by their HS6 level were Soya bean flour or meal ($949M) and Flour or meal of oil seed,... ($230M)

HS6 Disaggregation for Oil Seed Flower (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Oil Seed Flower by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $6.87M
TOP IMPORT POTENTIALChina+ $519k

Oil Seed Flower’s highest export potential is Canada. With an export gap of $6.87M.  Oil Seed Flower’s highest import potential is China with an import gap of $519k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Oil Seed Flower.

Country by Relatedness

The following visualization shows the relatedness of Oil Seed Flower to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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