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South America (excluding intra-trade) Hempseed Import value
What is South America (excluding intra-trade)'s hempseed import value (1000 usd)? As of 2023, it's 7.6K 1000 USD, up from 245 1000 USD in 2014.
| Label | Hempseed Import value (1000 USD) |
|---|---|
| 2014 | 245 1000 USD |
| 2015 | 372 1000 USD |
| 2016 | 384 1000 USD |
| 2017 | 518 1000 USD |
| 2018 | 630 1000 USD |
| 2019 | 664 1000 USD |
| 2020 | 836 1000 USD |
| 2021 | 1449 1000 USD |
| 2022 | 833 1000 USD |
| 2023 | 7582 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
South America (excluding intra-trade) Hempseed Import value: Key Points
- In 2023, South America (excluding intra-trade)'s hempseed Import value stood at 7.58K USD — up from 245.00 USD in 2014, a rise of roughly 2995%.
- 2015: surges to 372.00 USD (+52%).
- 2018-2020: spikes to 836.00 USD (+61%).
- 2021: leaps to 1.45K USD (+73%).
- 2023: spikes to 7.58K USD (+810%).
- By 2023, the series lands at 7.58K USD — 2994.7% higher than its 2014 starting point.
What Drove The 2021 Trade Rebound
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
Read this bounce as part of the worldwide trade recovery — most economies saw trade flows pick back up as reopening and stimulus drove demand higher in the same period.
This data comes from South America (excluding intra-trade)'s statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
Small absolute numbers like these amplify percentage swings — the same-sized change in volume looks dramatic as a percentage here in a way it wouldn't for a bigger trade flow. Read the raw numbers, not just the percent.
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