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151211 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.7BRnk 281 / 4644
2023
Top Exporter | Top Importer $4.62B | $2.43BUkraine | India
2023
Product Complexity -0.97Rnk 3783 / 4656
2022 - 2023
Export Growth (CAGR) -17.8%Rnk 3497 / 4644
2023
Share of World Trade 0.056%Rnk 281 / 4644

About

Overview This page contains the latest trade data of Sunflower-seed or safflower oil, crude. In 2023, Sunflower-seed or safflower oil, crude were the world's 281st most traded product, with a total trade of $12.7B. Between 2022 and 2023 the exports of Sunflower-seed or safflower oil, crude decreased by -17.8%, from $15.4B to $12.7B. Trade in Sunflower-seed or safflower oil, crude represent 0.056% of total world trade.

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

Exports In 2023 the top exporters of Sunflower-seed or safflower oil, crude  were Ukraine ($4.62B), Russia ($3.13B), Argentina ($878M), Netherlands ($643M), and Bulgaria ($581M).

Imports In 2023 the top importers of Sunflower-seed or safflower oil, crude were India ($2.43B), China ($1.59B), Turkey ($1.45B), Romania ($1.14B), and Italy ($646M).

Ranking Sunflower-seed or safflower oil, crude ranks 3783rd in the Product Complexity Index (PCI).

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 (2023)Ukraine$4.62B
Top Destination (2023)India$2.43B

In 2023 Sunflower-seed or safflower oil, crude were the world's 281st most traded product (out of 4,644).

In 2023, the top exporters of Sunflower-seed or safflower oil, crude were Ukraine ($4.62B), Russia ($3.13B), Argentina ($878M), Netherlands ($643M), and Bulgaria ($581M).

In 2023, the top importers of Sunflower-seed or safflower oil, crude were India ($2.43B), China ($1.59B), Turkey ($1.45B), Romania ($1.14B), and Italy ($646M).

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Exporters of Sunflower-seed or safflower oil, crude (2023)
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Importers of Sunflower-seed or safflower oil, crude (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$44.9M
Top Destination Growth (2022 -  2023)China$819M

Between 2022 and 2023, the exports of Sunflower-seed or safflower oil, crude grew the fastest in Netherlands ($44.9M), Kazakhstan ($31.2M), Moldova ($25.2M), Portugal ($18.1M), and Egypt ($13.5M).

Between 2022 and 2023, the fastest growing importers of Sunflower-seed or safflower oil, crude were China ($819M), Romania ($733M), Egypt ($227M), Morocco ($36.3M), and Uzbekistan ($24.8M).

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Exporters of Sunflower-seed or safflower oil, crude (2022 - 2023)

Importers of Sunflower-seed or safflower oil, crude (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.08. This means that most of the exports of Sunflower-seed or safflower oil, crude are explained by 8 countries.

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

Net Trade

TOP NET EXPORTER (2023)Ukraine$4.62B
TOP NET IMPORTER (2023)India$2.42B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sunflower-seed or safflower oil, crude were Ukraine ($4.62B), Russia ($3.13B), Argentina ($878M), Hungary ($482M), and Bulgaria ($376M).

In 2023, the countries that had a largest trade value in imports than in exports of Sunflower-seed or safflower oil, crude were India ($2.42B), China ($1.59B), Turkey ($1.14B), Romania ($824M), and Italy ($630M).

Net Trade (2023)

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 (2023)

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