The global export market for true hemp exhibits notable variability across countries. The Netherlands leads with exports valued at $8.81 million, followed by Switzerland and Romania. The recent year-on-year variations highlight significant growth in Switzerland (39.33%), the Philippines (27.76%), and Canada (19.19%). Conversely, countries like China (-9.63%) and Poland (-8.42%) experienced declines. This market shows dynamic fluctuations influenced by regional demands and regulatory environments.
Future trends to watch include increased adoption of hemp-based products, regulatory changes affecting hemp trade, and technological advancements in hemp cultivation. Countries showing positive growth trends may continue expanding, leveraging favorable policies and growing demand for sustainable products.
Top countries in Export of True Hemp by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 8,806,700 | 2023 | +5.16% | +5.04% | View data |
| 2 | 2 Switzerland | 5,816,400 | 2023 | +7.14% | +39.33% | View data |
| 3 | 3 Romania | 3,576,800 | 2023 | +6.41% | +2.9% | View data |
| 4 | 4 Croatia | 3,028,000 | 2023 | +6.67% | +2.2% | View data |
| 5 | 5 United States | 1,980,100 | 2023 | +4.97% | +13.1% | View data |
| 6 | 6 Lithuania | 644,990 | 2023 | +6.56% | +3.47% | View data |
| 7 | 7 Germany | 528,060 | 2023 | +0.32% | +2.13% | View data |
| 8 | 8 Mauritius | 465,160 | 2023 | +4.01% | +3.88% | View data |
| 9 | 9 Austria | 248,070 | 2023 | +5.6% | +8.63% | View data |
| 10 | 10 Spain | 219,510 | 2023 | +0.55% | -4.03% | View data |
