2022
Exports
$540MWorld Rnk 7 / 113
Flag Rnk 3 / 996
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$47.5kWorld Rnk 149 / 208
Flag Rnk 985 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $540M in Rapeseed Oil, making it the 7th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 3rd most exported product in Belarus. The main destination of Rapeseed Oil exports from Belarus are: Norway ($199M), Poland ($121M), Lithuania ($89.3M), China ($53.1M), and Latvia ($46.3M).

The fastest growing export markets for Rapeseed Oil of Belarus between 2021 and 2022 were Norway ($125M), Poland ($57M), and Lithuania ($53.2M).

Imports In 2022, Belarus imported $47.5k in Rapeseed Oil, becoming the 149th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 985th most imported product in Belarus. Belarus imports Rapeseed Oil primarily from: Sweden ($40.7k), Lithuania ($6.39k), and Poland ($361).

The fastest growing import markets in Rapeseed Oil for Belarus between 2021 and 2022 were Poland ($45).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rapeseed Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$540M
IMPORTS (2022)$47.5k
NET TRADE (2022)$540M

In 2022, Belarus exported $540M in Rapeseed Oil. The main destinations of Belarus exports on Rapeseed Oil were Norway ($199M), Poland ($121M), Lithuania ($89.3M), China ($53.1M), and Latvia ($46.3M).

In 2022, Belarus imported $47.5k in Rapeseed Oil, mainly from Sweden ($40.7k), Lithuania ($6.39k), and Poland ($361).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Norway$125M (168%)
Poland$57M (89.6%)
Lithuania$53.2M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Belarus WERE (2021 - 2022):
Russia-$174M (-100%)
Denmark-$17.9M (-96.4%)
Israel-$3.39M (-49.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Belarus's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $21.4M
TOP IMPORT POTENTIALLithuania+ $10.9k

Rapeseed Oil’s highest export potential is China. With an export gap of $21.4M.   Rapeseed Oil’s highest import potential is Lithuania with an import gap of $10.9k.

See methodology.

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