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120921 (Harmonized System 1992 for 6-digit)

2022
World Trade $332MRnk 3315 / 4648
2022
Top Exporter | Top Importer $107M | $73.1MUnited States | Saudi Arabia
2022
Product Complexity -0.85Rnk 3657 / 4653
2021 - 2022
Export Growth (CAGR) 13.3%Rnk 1284 / 4648
2022
Share of World Trade 0.0014%Rnk 3315 / 4648

About

Overview This page contains the latest trade data of Seed, lucerne (alfalfa), for sowing. In 2022, Seed, lucerne (alfalfa), for sowing were the world's 3315th most traded product, with a total trade of $332M. Between 2021 and 2022 the exports of Seed, lucerne (alfalfa), for sowing grew by 13.3%, from $293M to $332M. 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 2022 the top exporters of Seed, lucerne (alfalfa), for sowing  were United States ($107M), Italy ($58.2M), Australia ($43.2M), Canada ($34.2M), and Egypt ($21.7M).

Imports In 2022 the top importers of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($73.1M), Mexico ($27.7M), United States ($27.5M), Argentina ($13.7M), and Germany ($13.6M).

Ranking Seed, lucerne (alfalfa), for sowing ranks 3657th in the Product Complexity Index (PCI).

Description -

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 (2022)United States$107M
Top Destination (2022)Saudi Arabia$73.1M

In 2022 Seed, lucerne (alfalfa), for sowing were the world's 3315th most traded product (out of 4,648).

In 2022, the top exporters of Seed, lucerne (alfalfa), for sowing were United States ($107M), Italy ($58.2M), Australia ($43.2M), Canada ($34.2M), and Egypt ($21.7M).

In 2022, the top importers of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($73.1M), Mexico ($27.7M), United States ($27.5M), Argentina ($13.7M), and Germany ($13.6M).

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Exporters of Seed, lucerne (alfalfa), for sowing (2022)
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Importers of Seed, lucerne (alfalfa), for sowing (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$18.8M
Top Destination Growth (2021 -  2022)Saudi Arabia$26M

Between 2021 and 2022, the exports of Seed, lucerne (alfalfa), for sowing grew the fastest in United States ($18.8M), Egypt ($11.1M), Italy ($9.28M), Germany ($2.88M), and Poland ($2.05M).

Between 2021 and 2022, the fastest growing importers of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($26M), Mexico ($7.16M), Pakistan ($5.42M), Hungary ($5.01M), and India ($4.44M).

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Exporters of Seed, lucerne (alfalfa), for sowing (2021 - 2022)

Importers of Seed, lucerne (alfalfa), for sowing (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Seed, lucerne (alfalfa), for sowing are explained by 9 countries.

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

Net Trade

TOP NET EXPORTER (2022)United States$79.6M
TOP NET IMPORTER (2022)Saudi Arabia$73M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Seed, lucerne (alfalfa), for sowing were United States ($79.6M), Italy ($51.3M), Australia ($42.8M), Canada ($30.5M), and Egypt ($19M).

In 2022, the countries that had a largest trade value in imports than in exports of Seed, lucerne (alfalfa), for sowing were Saudi Arabia ($73M), Mexico ($27.6M), Argentina ($13.7M), Pakistan ($12.2M), and China ($8.15M).

Net Trade (2022)

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 (2022)

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