Oil seeds and oleaginous fruits used for the extraction of other fixed oils 223 Since 2004, the value (in current prices) of exports of oil seeds and oleaginous fruits used for the extraction of other fixed oils (SITC group 223) increased more than twofold (on average by 24 percent each year) and amounted to US$2.8 bln in 2008 (table 2). Graph 1 shows that in 2008, its exports increased by 45.7 percent, compared to 21.2 percent for world exports of inedible crude materials, except fuels (SITC section 2) and 15.3 percent for total world exports. It accounted for 0.4 percent of world exports of inedible crude materials, except fuels (SITC section 2) and less than 0.1 percent of total world exports (table 1). USA and Canada were the two major exporting countries. In 2008, they accounted respectively for 23.3 and 16.5 percent of world exports (table 2). Netherlands was another major exporting country, with 13.5 percent of world exports. USA was also one of the major destinations, together with Belgium and Mexico (table 3). By MDG regions (graph 2), Developed North America was the origin of a large share of exports of oil seeds and oleaginous fruits used for the extraction of other fixed oils (SITC group 223): in 2008, its exports were valued at US$1.1 bln, resulting in a trade surplus of US$828 mln. Developed Europe was the destination of a majority of goods: its imports amounted to US$1.3 bln and it recorded a trade deficit of US$417 mln. A deficit amounting to US$393 mln was recorded by Latin America and the Caribbean. Table 1: Imports (Imp.) and exports (Exp.), 1994-2008, in current prices 1994 1995 0.7 0.6 0.3 0.3 0.0 0.0 Values in Bln US$ Imp. Exp. As a percentage of Imp. SITC section (%) Exp. As a percentage of Imp. world trade (%) Exp. 1996 0.9 0.7 0.3 0.3 0.0 0.0 1997 0.9 0.7 0.4 0.3 0.0 0.0 1998 1.0 0.8 0.4 0.4 0.0 0.0 1999 0.9 0.8 0.4 0.4 0.0 0.0 0.9 0.7 0.4 0.4 0.0 0.0 Graph 1: Annual growth rates of exports, 1994−2008 (In percentage by year) SITC code 223 ● SITC, Section 2 ● 2000 0.8 0.7 0.3 0.3 0.0 0.0 2001 0.8 0.7 0.3 0.4 0.0 0.0 2002 2003 0.9 0.8 0.4 0.4 0.0 0.0 Country or area ● ● 40% ● ● 30% 20% ● ● ● ● ● ● ● ● ● 10% ● ● ● ● ● 0% ● ● ● −10% ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● Exports Country or area Developed N. America South−eastern Europe CIS Northern Africa Sub−Saharan Africa Latin Am, Caribbean Eastern Asia Southern Asia South−eastern Asia Western Asia 1 1.2 0.8 0.6 0.4 0 0.2 .2 −1 −0 .8 −0 .6 −0 .4 −0 .2 Oceania −1 1.4 1.4 0.3 0.3 0.0 0.0 2007 1.9 1.9 0.3 0.4 0.0 0.0 2008 2.7 2.8 0.4 0.4 0.0 0.0 Avg. Growth Growth World share % (%) (%) (million US$) 04-08 07-08 Cum. 2 790.8 650.5 460.6 377.1 216.1 99.9 88.8 56.8 50.8 47.7 46.5 45.4 44.3 43.3 40.9 34.7 24.0 25.4 24.5 46.2 32.5 41.0 25.3 34.3 13.0 39.2 46.9 20.8 790.3 18.9 59.6 50.9 45.7 100.0 30.6 23.3 57.1 16.5 103.1 13.5 32.2 7.7 8.8 3.6 30.4 3.2 92.1 2.0 4.5 1.8 10.6 1.7 226.5 1.7 23.3 1.6 46.5 1.6 95.5 1.6 406.4 1.5 149.8 1.2 23.3 39.8 53.3 61.1 64.7 67.8 69.9 71.7 73.4 75.1 76.7 78.3 79.8 81.3 82.5 Avg. Growth Growth World share % (%) (%) (million US$) 04-08 07-08 Cum. Value World.................................... Belgium................................. USA....................................... Mexico.................................. Germany................................ Dominican Rep...................... Spain..................................... Denmark................................ United Kingdom.................... Netherlands.......................... Philippines............................ Cuba...................................... France................................... India...................................... Rep. of Korea........................ Canada.................................. Developed Europe .4 2006 08 World.................................... USA....................................... Canada.................................. Netherlands.......................... Belgium................................. Czech Rep............................. China..................................... India...................................... Turkey................................... Viet Nam............................... Spain..................................... Austria.................................. Ghana.................................... Ethiopia................................. Burkina Faso......................... Papua New Guinea............... Trade balance Developed Asia−Pacific −1 1.3 1.5 0.3 0.4 0.0 0.0 Table 3: Top importing countries or areas in 2008 Graph 2: Trade Balance by MDG regions 2008 Imports 2005 20 06 07 20 20 04 05 20 20 02 03 20 20 00 01 20 20 98 99 19 19 96 97 19 19 19 19 94 95 −20% (Bln US$) 1.2 1.2 0.3 0.4 0.0 0.0 Value 60% 50% 2004 Table 2: Top exporting countries or areas in 2008 Total ● 1.0 0.9 0.4 0.3 0.0 0.0 Source: UN Comtrade 2 710.4 344.2 234.6 233.3 211.9 148.0 124.7 110.5 103.4 98.5 87.2 64.7 63.8 56.4 54.5 48.9 21.7 11.6 22.7 34.1 18.4 22.4 33.2 80.1 32.0 29.1 41.3 10.9 28.6 47.0 27.7 12.6 43.6 100.0 25.1 12.7 42.9 8.7 43.9 8.6 55.5 7.8 18.1 5.5 245.1 4.6 24.8 4.1 114.7 3.8 26.7 3.6 146.1 3.2 30.9 2.4 67.8 2.4 52.4 2.1 26.7 2.0 58.1 1.8 12.7 21.4 30.0 37.8 43.2 47.8 51.9 55.7 59.4 62.6 65.0 67.3 69.4 71.4 73.2
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