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151211 (Harmonized System 1992 for 6-digit)

2022
World Trade $14.4BRnk 253 / 4648
2022
Top Exporter | Top Importer $4.7B | $2.85BUkraine | India
2022
Product Complexity -1.06Rnk 3886 / 4653
2021 - 2022
Export Growth (CAGR) 21.3%Rnk 722 / 4648
2022
Share of World Trade 0.061%Rnk 253 / 4648

About

Overview This page contains the latest trade data of Sunflower-seed or safflower oil, crude. In 2022, Sunflower-seed or safflower oil, crude were the world's 253rd most traded product, with a total trade of $14.4B. Between 2021 and 2022 the exports of Sunflower-seed or safflower oil, crude grew by 21.3%, from $11.9B to $14.4B. Trade in Sunflower-seed or safflower oil, crude represent 0.061% of total world trade.

Sunflower-seed or safflower oil, crude are a part of Seed Oils.

Exports In 2022 the top exporters of Sunflower-seed or safflower oil, crude  were Ukraine ($4.7B), Russia ($2.63B), Bulgaria ($1.34B), Argentina ($1.27B), and Turkey ($707M).

Imports In 2022 the top importers of Sunflower-seed or safflower oil, crude were India ($2.85B), Turkey ($1.81B), Spain ($974M), Netherlands ($887M), and Italy ($824M).

Ranking Sunflower-seed or safflower oil, crude ranks 3886th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sunflower-seed or safflower oil, crude. 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)Ukraine$4.7B
Top Destination (2022)India$2.85B

In 2022 Sunflower-seed or safflower oil, crude were the world's 253rd most traded product (out of 4,648).

In 2022, the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($4.7B), Russia ($2.63B), Bulgaria ($1.34B), Argentina ($1.27B), and Turkey ($707M).

In 2022, the top importers of Sunflower-seed or safflower oil, crude were India ($2.85B), Turkey ($1.81B), Spain ($974M), Netherlands ($887M), and Italy ($824M).

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Exporters of Sunflower-seed or safflower oil, crude (2022)
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Importers of Sunflower-seed or safflower oil, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Argentina$817M
Top Destination Growth (2021 -  2022)Turkey$557M

Between 2021 and 2022, the exports of Sunflower-seed or safflower oil, crude grew the fastest in Argentina ($817M), Bulgaria ($736M), Turkey ($507M), Hungary ($267M), and Moldova ($221M).

Between 2021 and 2022, the fastest growing importers of Sunflower-seed or safflower oil, crude were Turkey ($557M), India ($510M), Romania ($430M), Poland ($342M), and Bulgaria ($331M).

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Exporters of Sunflower-seed or safflower oil, crude (2021 - 2022)

Importers of Sunflower-seed or safflower oil, crude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sunflower-seed or safflower oil, crude.

In 2022, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Sunflower-seed or safflower oil, crude are explained by 10 countries.

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Value of Exports in Sunflower-seed or safflower oil, crude

Net Trade

TOP NET EXPORTER (2022)Ukraine$4.69B
TOP NET IMPORTER (2022)India$2.84B

This map shows which countries export or import more of Sunflower-seed or safflower oil, crude. Each country is colored based on the difference in exports and imports of Sunflower-seed or safflower oil, crude during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sunflower-seed or safflower oil, crude were Ukraine ($4.69B), Russia ($2.63B), Argentina ($1.27B), Bulgaria ($996M), and Hungary ($486M).

In 2022, the countries that had a largest trade value in imports than in exports of Sunflower-seed or safflower oil, crude were India ($2.84B), Turkey ($1.1B), Spain ($884M), Italy ($798M), and China ($745M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sunflower-seed or safflower oil, crude 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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