The volume of cottonseed oil sold by Germany in 2020 was 177,609 metric tons. In 2019 Germany exported 180,097 tonnes of cottonseed oil. In 2019 alone, the demand for Germany cottonseed oil (processed category) has escalated, flactuating by 25.824 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 28.95% netting the nation US$192.23m for the year 2019. Germany's cottonseed oil exports are categorised as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Germany baumwollöl export values
In 2019, Germany supplied cottonseed oil costing 192.23m USD, a growth of 19.05% from 2018's total cottonseed oil export of 161.469m USD. The annual growth in value of Germany cottonseed oil between 2017 to 2018 was 2.924%.
The yearly variation in the volume of Germany's cottonseed oil exports between 2017 and 2019 was 28.95 pc when compared to a variation of 25.824% in the growth rate between 2018 and 2019.
Germany's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. Germany is ranked number 21 in world exports of cottonseed oil.
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Export markets for Germany baumwollöl ( in '000$ )
Germany's best performing destinations for cottonseed oil are Austria, France, Spain, Italy and Belgium.
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Import/Export Trends
Germany is a net importer of cottonseed oil. The annual growth of Germany cottonseed oil in value between 2015 to 2019 was -2%, per annum, while annual growth in quantity through the same period was -1%, per annum.
Germany ordered 115,223 tonnes of cottonseed oil in 2019.
