The volume of cottonseed oil exported by Austria in 2020 was 38,838 tonnes. In 2019 Austria shipped 54,141 tonnes of cottonseed oil. Across 2019 alone, the interest in Austria cottonseed oil (processed category) has climbed, changing by 16.538 % compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports increased by 52.55 pc earning the nation US$60.56m for the year 2019. Austria's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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Österreich baumwollöl export values
In 2019, Austria shipped cottonseed oil valued at 60.56m USD, a growth of 13.41% from 2018's total cottonseed oil export of 53.399m USD. The yearly growth in value of Austria cottonseed oil between 2017 to 2018 was 27.859 percent.
The yearly variation in the amount of Austria's cottonseed oil exports between 2017 and 2019 was 52.55 percent when compared to a variation of 16.538% in the growth rate between 2018 and 2019.
Austria's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. The country is ranked position 66 in world exports of cottonseed oil.
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Export markets for Österreich baumwollöl ( in '000$ )
Austria's best performing destinations for cottonseed oil are Albania.
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Import/Export Trends
Austria is a net importer of cottonseed oil. The annual growth of Austria cottonseed oil in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity during the same period was 4%, per annum.
Austria procured 59,477 tonnes of cottonseed oil in 2019.
