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120921 (Harmonized System 1992 for 6-digit)

2023
World Trade $321MRnk 3281 / 4644
2023
Top Exporter | Top Importer $75.3M | $50.4MUnited States | Saudi Arabia
2023
Product Complexity -0.69Rnk 3483 / 4656
2022 - 2023
Export Growth (CAGR) -4.13%Rnk 1995 / 4644
2023
Share of World Trade 0.0014%Rnk 3281 / 4644

About

Overview This page contains the latest trade data of Seed, lucerne (alfalfa), for sowing. In 2023, Seed, lucerne (alfalfa), for sowing were the world's 3281st most traded product, with a total trade of $321M. Between 2022 and 2023 the exports of Seed, lucerne (alfalfa), for sowing decreased by -4.13%, from $335M to $321M. Trade in Seed, lucerne (alfalfa), for sowing represent 0.0014% of total world trade.

Seed, lucerne (alfalfa), for sowing are a part of Sowing Seeds.

Exports In 2023 the top exporters of Seed, lucerne (alfalfa), for sowing  were United States ($75.3M), Canada ($63.1M), Italy ($49.9M), Australia ($35.7M), and Egypt ($17.6M).

Imports In 2023 the top importers of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($50.4M), United States ($28.6M), China ($19M), Netherlands ($17.2M), and Italy ($15.9M).

Ranking Seed, lucerne (alfalfa), for sowing ranks 3483rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seed, lucerne (alfalfa), for sowing. 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$75.3M
Top Destination (2023)Saudi Arabia$50.4M

In 2023 Seed, lucerne (alfalfa), for sowing were the world's 3281st most traded product (out of 4,644).

In 2023, the top exporters of Seed, lucerne (alfalfa), for sowing were United States ($75.3M), Canada ($63.1M), Italy ($49.9M), Australia ($35.7M), and Egypt ($17.6M).

In 2023, the top importers of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($50.4M), United States ($28.6M), China ($19M), Netherlands ($17.2M), and Italy ($15.9M).

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Exporters of Seed, lucerne (alfalfa), for sowing (2023)
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Importers of Seed, lucerne (alfalfa), for sowing (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$29.3M
Top Destination Growth (2022 -  2023)China$11.7M

Between 2022 and 2023, the exports of Seed, lucerne (alfalfa), for sowing grew the fastest in Canada ($29.3M), Germany ($4.5M), Poland ($3.82M), France ($2.63M), and Denmark ($1.96M).

Between 2022 and 2023, the fastest growing importers of Seed, lucerne (alfalfa), for sowing were China ($11.7M), Italy ($8.97M), Netherlands ($8.44M), Belarus ($6.85M), and Germany ($2.87M).

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Exporters of Seed, lucerne (alfalfa), for sowing (2022 - 2023)

Importers of Seed, lucerne (alfalfa), for sowing (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seed, lucerne (alfalfa), for sowing.

In 2023, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Seed, lucerne (alfalfa), for sowing are explained by 10 countries.

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Value of Exports in Seed, lucerne (alfalfa), for sowing

Net Trade

TOP NET EXPORTER (2023)Canada$60.2M
TOP NET IMPORTER (2023)Saudi Arabia$48.9M

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

In 2023, the countries that had a largest trade value in exports than in imports of Seed, lucerne (alfalfa), for sowing were Canada ($60.2M), United States ($46.7M), Australia ($35.6M), Italy ($34M), and Egypt ($12.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($48.9M), China ($18.9M), Mexico ($14.5M), Netherlands ($11.1M), and Pakistan ($10.7M).

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, lucerne (alfalfa), for sowing.
It is possible to select the main countries that export or import Seed, lucerne (alfalfa), for sowing in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Seed, lucerne (alfalfa), for sowing 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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