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120760 (Harmonized System 1992 for 6-digit)

2023
World Trade $138MRnk 3898 / 4644
2023
Top Exporter | Top Importer $64.2M | $40.2MKazakhstan | Turkey
2023
Product Complexity -1.31Rnk 4109 / 4656
2022 - 2023
Export Growth (CAGR) 22.3%Rnk 246 / 4644
2023
Share of World Trade 0.00061%Rnk 3898 / 4644

About

Overview This page contains the latest trade data of Safflower seeds. In 2023, Safflower seeds were the world's 3898th most traded product, with a total trade of $138M. Between 2022 and 2023 the exports of Safflower seeds grew by 22.3%, from $113M to $138M. Trade in Safflower seeds represent 0.00061% of total world trade.

Safflower seeds are a part of Other Oily Seeds.

Exports In 2023 the top exporters of Safflower seeds  were Kazakhstan ($64.2M), Russia ($45.8M), Netherlands ($6.32M), Turkey ($3.5M), and Germany ($3.46M).

Imports In 2023 the top importers of Safflower seeds were Turkey ($40.2M), China ($35.8M), Tajikistan ($11.5M), United States ($11M), and Belgium ($6.58M).

Ranking Safflower seeds ranks 4109th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Safflower 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)Kazakhstan$64.2M
Top Destination (2023)Turkey$40.2M

In 2023 Safflower seeds were the world's 3898th most traded product (out of 4,644).

In 2023, the top exporters of Safflower seeds were Kazakhstan ($64.2M), Russia ($45.8M), Netherlands ($6.32M), Turkey ($3.5M), and Germany ($3.46M).

In 2023, the top importers of Safflower seeds were Turkey ($40.2M), China ($35.8M), Tajikistan ($11.5M), United States ($11M), and Belgium ($6.58M).

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Exporters of Safflower seeds (2023)
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Importers of Safflower seeds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Kazakhstan$37.6M
Top Destination Growth (2022 -  2023)China$16.1M

Between 2022 and 2023, the exports of Safflower seeds grew the fastest in Kazakhstan ($37.6M), Netherlands ($2.73M), Germany ($2.58M), United States ($871k), and Egypt ($706k).

Between 2022 and 2023, the fastest growing importers of Safflower seeds were China ($16.1M), Tajikistan ($8.99M), Turkey ($6.53M), Uzbekistan ($3.82M), and France ($1.63M).

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Exporters of Safflower seeds (2022 - 2023)

Importers of Safflower seeds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Safflower seeds.

In 2023, market concentration measured using Shannon Entropy, was 2.3. This means that most of the exports of Safflower seeds are explained by 4 countries.

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Value of Exports in Safflower seeds

Net Trade

TOP NET EXPORTER (2023)Kazakhstan$62.2M
TOP NET IMPORTER (2023)Turkey$36.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Safflower seeds were Kazakhstan ($62.2M), Russia ($45.7M), Netherlands ($4.82M), India ($1.91M), and Bulgaria ($1.79M).

In 2023, the countries that had a largest trade value in imports than in exports of Safflower seeds were Turkey ($36.7M), China ($35.3M), United States ($8.92M), Belgium ($5.68M), and Poland ($1.93M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Safflower 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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