Rapeseed in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $34M in Rapeseed, making it the 27th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 632nd most exported product in United Kingdom. The main destination of Rapeseed exports from United Kingdom are: Sweden ($9.4M), Belgium ($8.98M), Germany ($7.39M), Netherlands ($6.47M), and France ($1.18M).

The fastest growing export markets for Rapeseed of United Kingdom between 2021 and 2022 were Belgium ($8.98M), Hungary ($474k), and France ($397k).

Imports In 2022, United Kingdom imported $444M in Rapeseed, becoming the 10th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 281st most imported product in United Kingdom. United Kingdom imports Rapeseed primarily from: Australia ($111M), Ukraine ($66.7M), Lithuania ($58.6M), France ($39.3M), and Ireland ($35.3M).

The fastest growing import markets in Rapeseed for United Kingdom between 2021 and 2022 were Australia ($37.8M), Romania ($33.7M), and Uruguay ($15M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rapeseed from United Kingdom to the United States.

Latest Trends

January 2024

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Overview In January 2024 United Kingdom's Rapeseed exports accounted up to £1.96M and imports accounted up to £26.6M, resulting in a negative trade balance of £24.6M. Between December 2022 and January 2024 the exports of United Kingdom's Rapeseed have increased by £1.35M (224%) from £604k to £1.96M, while imports increased by £130k (0.49%) from £26.4M to £26.6M.

Destinations In January 2024, Rapeseed were exported mostly to Belgium (£1.19M), Sweden (£568k), and France (£198k), and were imported mostly from Ireland (£8.92M), Ukraine (£8.78M), Netherlands (£2.58M), Lithuania (£2.39M), and Latvia (£2.1M).

Growth In January 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - January 2024)£1.35M(224%)

IMPORT GROWTH (January 2023 - January 2024)£130k(0.49%)

MAIN EXPORTER (January 2024)Ipswich£1.19M

MAIN DESTINATION (January 2024)Belgium£1.19M

This section shows Rapeseed's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rapeseed over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$34M

IMPORTS (2022)$444M

NET TRADE (2022)-$410M

In 2022, United Kingdom exported $34M in Rapeseed. The main destinations of United Kingdom exports on Rapeseed were Sweden ($9.4M), Belgium ($8.98M), Germany ($7.39M), Netherlands ($6.47M), and France ($1.18M).

In 2022, United Kingdom imported $444M in Rapeseed, mainly from Australia ($111M), Ukraine ($66.7M), Lithuania ($58.6M), France ($39.3M), and Ireland ($35.3M).

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