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Sunflower, safflower and cottonseed oil: top exporters and importers (2024)

In 2024, world trade in sunflower, safflower and cottonseed oil totaled $18.4 billion (18 million tonnes). The top exporters were Ukraine (29%), Russia (24%) and Turkey (7%); the top importers were India (18%), Turkey (7%) and China (5%). Compared with 2019, the value rose 53%.

Summary

World trade
$18.4billion
Tonnes
18million tonnes
Price per tonne
$1,023
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Ukraine$5.4 billion · 29.5%
  2. Russia$4.4 billion · 24.1%
  3. Turkey$1.3 billion · 7%
  4. Netherlands$1.1 billion · 5.9%
    re-exports
  5. Argentina$828 million · 4.5%
  6. Hungary$742 million · 4%
  7. France$531 million · 2.9%
  8. Bulgaria$515 million · 2.8%
  9. Kazakhstan$415 million · 2.3%
  10. Spain$335 million · 1.8%
  11. Romania$274 million · 1.5%
  12. Belgium$249 million · 1.4%
    re-exports
  13. Germany$224 million · 1.2%
  14. Poland$179 million · 0.97%
  15. Serbia$175 million · 0.95%
  16. Malaysia$142 million · 0.77%
  17. Moldova$130 million · 0.71%
  18. Egypt$119 million · 0.65%
  19. Bolivia$102 million · 0.55%
  20. Czechia$97 million · 0.52%

Top importers

  1. India$3.3 billion · 17.7%
  2. Turkey$1.3 billion · 6.9%
  3. China$928 million · 5%
  4. Netherlands$903 million · 4.9%
    re-exports
  5. Spain$898 million · 4.9%
  6. Italy$849 million · 4.6%
  7. Belgium$798 million · 4.3%
    re-exports
  8. Egypt$679 million · 3.7%
  9. Romania$527 million · 2.9%
  10. Iraq$517 million · 2.8%
  11. Poland$500 million · 2.7%
  12. Germany$475 million · 2.6%
  13. France$453 million · 2.5%
  14. Bulgaria$371 million · 2%
  15. United States$271 million · 1.5%
  16. Uzbekistan$270 million · 1.5%
  17. United Kingdom$251 million · 1.4%
  18. Saudi Arabia$237 million · 1.3%
  19. Djibouti$234 million · 1.3%
  20. South Africa$179 million · 0.97%

Trend

Who sells it

Ukraine has been the top exporter since 2006

Value in USD billions. The five largest exporters in 2024.

  • Ukraine 5.4
  • Russia 4.4
  • Turkey 1.3
  • Netherlands 1.1
  • Argentina 0.83

Source: CEPII BACI

Show the numbers
Country19952024
Ukraine0.045.4
Russia< 0.014.4
Turkey0.051.3
Netherlands0.221.1
Argentina10.83

Price

Implied price

The price per tonne rose 39% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,023

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$737
1996$675
1997$647
1998$744
1999$583
2000$459
2001$515
2002$628
2003$704
2004$751
2005$736
2006$701
2007$904
2008$1,443
2009$958
2010$1,025
2011$1,328
2012$1,229
2013$1,200
2014$1,017
2015$940
2016$905
2017$865
2018$858
2019$808
2020$856
2021$1,303
2022$1,559
2023$1,145
2024$1,023

What it includes

  • 1512 · Sunflower, safflower and cottonseed oil

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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