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120929 (Harmonized System 1992 for 6-digit)

2023
World Trade $629MRnk 2609 / 4644
2023
Top Exporter | Top Importer $73.9M | $65.5MUnited States | France
2023
Product Complexity -0.85Rnk 3662 / 4656
2022 - 2023
Export Growth (CAGR) -4.62%Rnk 2065 / 4644
2023
Share of World Trade 0.0028%Rnk 2609 / 4644

About

Overview This page contains the latest trade data of Seed, forage plants, for sowing nes. In 2023, Seed, forage plants, for sowing nes were the world's 2609th most traded product, with a total trade of $629M. Between 2022 and 2023 the exports of Seed, forage plants, for sowing nes decreased by -4.62%, from $659M to $629M. Trade in Seed, forage plants, for sowing nes represent 0.0028% of total world trade.

Seed, forage plants, for sowing nes are a part of Sowing Seeds.

Exports In 2023 the top exporters of Seed, forage plants, for sowing nes  were United States ($73.9M), Denmark ($61.8M), Germany ($59.3M), Brazil ($55.7M), and Netherlands ($51.1M).

Imports In 2023 the top importers of Seed, forage plants, for sowing nes were France ($65.5M), Germany ($47.9M), Netherlands ($43.5M), United States ($32.9M), and Italy ($27.2M).

Ranking Seed, forage plants, for sowing nes ranks 3662nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seed, forage plants, for sowing nes. 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$73.9M
Top Destination (2023)France$65.5M

In 2023 Seed, forage plants, for sowing nes were the world's 2609th most traded product (out of 4,644).

In 2023, the top exporters of Seed, forage plants, for sowing nes were United States ($73.9M), Denmark ($61.8M), Germany ($59.3M), Brazil ($55.7M), and Netherlands ($51.1M).

In 2023, the top importers of Seed, forage plants, for sowing nes were France ($65.5M), Germany ($47.9M), Netherlands ($43.5M), United States ($32.9M), and Italy ($27.2M).

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Exporters of Seed, forage plants, for sowing nes (2023)
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Importers of Seed, forage plants, for sowing nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$4.13M
Top Destination Growth (2022 -  2023)Spain$6.35M

Between 2022 and 2023, the exports of Seed, forage plants, for sowing nes grew the fastest in Australia ($4.13M), Canada ($4.04M), Italy ($3.64M), Belgium ($3.38M), and Russia ($1.89M).

Between 2022 and 2023, the fastest growing importers of Seed, forage plants, for sowing nes were Spain ($6.35M), China ($4.4M), Belgium ($4.26M), United Kingdom ($3.36M), and Uruguay ($3.09M).

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Exporters of Seed, forage plants, for sowing nes (2022 - 2023)

Importers of Seed, forage plants, for sowing nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seed, forage plants, for sowing nes.

In 2023, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Seed, forage plants, for sowing nes are explained by 25 countries.

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Value of Exports in Seed, forage plants, for sowing nes

Net Trade

TOP NET EXPORTER (2023)Brazil$50.1M
TOP NET IMPORTER (2023)France$42.3M

This map shows which countries export or import more of Seed, forage plants, for sowing nes. Each country is colored based on the difference in exports and imports of Seed, forage plants, for sowing nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Seed, forage plants, for sowing nes were Brazil ($50.1M), Denmark ($48.9M), United States ($41M), Canada ($20.3M), and Australia ($17.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Seed, forage plants, for sowing nes were France ($42.3M), United Kingdom ($20.9M), China ($19M), Colombia ($13.9M), and Uruguay ($10.8M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Seed, forage plants, for sowing nes 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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