UN Comtrade SITC 22: Oil Seed Trade Value Analysis by Region & Country
🌱 UN Comtrade SITC 22: Global Oil Seed Trade Value The trade of oil seeds and oleaginous fruits (SITC Rev. 3 Group 22) is a critical sector of global agriculture, serving as the primary source for vegetable oils and high-protein animal feed. The total value of this trade is measured in current US dollars (USD) by the UN Comtrade database. World Total Exports and Imports for SITC 22 The table below provides the estimated global trade value for SITC 22. These estimates reflect the combined value of major traded oilseeds (dominated by soybeans , canola/rapeseed, and sunflower seeds) as reported by member countries. Year Total World Exports (SITC 22) Total World Imports (SITC 22) 2022 $175 - $205 Billion (Est.) $175 - $205 Billion (Est.) 2021 $150 - $180 Billion (Est.) $150 - $180 Billion (Est.) 2020 $115 - $135 Billion (Est.) $115 - $135 Billion (Est.) Note: The trade values have increased significantly due to factors like global demand growth and commodity price inflation...


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