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Safflower Oil from Mexico

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Export of Safflower Oil from Mexico

Safflower Oil is categorized under HS code 151211 - Vegetable oils; sunflower seed or safflower oil and their fractions, crude, not chemically modified, and the data is presented accordingly.

Export overview

As of 2023, Mexico ranked #26 in global exports of Safflower Oil. Mexico accounts for approximately 0.07% of the total global export value of Safflower Oil, with an export value of 6,022,372 USD.
The top countries importing Safflower Oil from Mexico include United States, World.

Export trend

Mexico's export value of Safflower Oil has decreased by 61.59%, falling from 15,678,075 USD in 2016 to 6,022,372 USD in 2023.
The export data for Mexico Safflower Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 151211 - Vegetable oils; sunflower seed or safflower oil and their fractions, crude, not chemically modified, which covers a specific classification for Safflower Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Safflower Oil in certain markets, as HS codes often encompass a broader range of similar products.

Export transactions from 2024

Transactions in this market
251
Exporters
8
Importers
16

Major exporters of Mexico Safflower Oil in 2024

ACEITES Y PROTEINAS
MX flag
Mexico
GRUPO ACEITES DEL MAYO
MX flag
Mexico
SESAJAL
MX flag
Mexico
CORAL INTERNACIONAL
MX flag
Mexico
ACEITES MICHOACANOS DE ESPECIALIDAD
MX flag
Mexico

Major importers of Mexico Safflower Oil in 2024

ADAMS VEGETABLE OILS
US flag
United States
OILSEEDS INTERNATIONAL
US flag
United States
SESAJAL
US flag
United States
AAK USA RICHMOND
US flag
United States
CORAL PVO
US flag
United States

Historical export price trends

The export price of Safflower Oil from Mexico has experienced a downward trend over the past 2 years. In 2023, the price fluctuated between 1.49 USD per kg and 4.96 USD per kg, but in 2024, it decreased to a range of 0.36 USD per kg to 4.92 USD per kg.
Year
Year
Low price
Low price
High price
High price
2023
$1.49/kg
$4.96/kg
2024
$0.36/kg
$4.92/kg
The export transaction data for Mexico Safflower Oil is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.

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