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2022
Exports $94MWorld Rnk 20 / 113
Flag Rnk 491 / 1214
2022
Destination $17.9M Portugal
2021 - 2022
FASTEST GROWING MARKET $17.9MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Rapeseed Oil0.26Rnk 466 / 1025
2022
Imports $245MWorld Rnk 10 / 208
Flag Rnk 323 / 1214
2022
Origin $63.3M France
2021 - 2022
FASTEST GROWING ORIGIN $63.3MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $94M in Rapeseed Oil, making it the 20th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 491st most exported product in Spain. The main destination of Rapeseed Oil exports from Spain are: Portugal ($19.5M), United Kingdom ($18.6M), United States ($17.1M), France ($9.63M), and Germany ($6.28M).

The fastest growing export markets for Rapeseed Oil of Spain between 2021 and 2022 were United Kingdom ($17.9M), United States ($9.55M), and France ($7.79M).

Imports In 2022, Spain imported $245M in Rapeseed Oil, becoming the 10th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 323rd most imported product in Spain. Spain imports Rapeseed Oil primarily from: France ($156M), Belgium ($30.3M), United Arab Emirates ($25.4M), Germany ($15.2M), and Netherlands ($7.57M).

The fastest growing import markets in Rapeseed Oil for Spain between 2021 and 2022 were France ($63.3M), United Arab Emirates ($25.4M), and Netherlands ($5.18M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Rapeseed Oil exports accounted up to €2.27M and imports accounted up to €10.5M, resulting in a negative trade balance of €8.24M. Between June 2023 and June 2024 the exports of Spain's   Rapeseed Oil have decreased by €-3.36M (-59.6%) from €5.63M to €2.27M, while imports increased by €2.7M (34.5%) from €7.82M to €10.5M.

Destinations In June 2024, Rapeseed Oil were exported mostly to Saudi Arabia (€341k), Mexico (€297k), Israel (€285k), France (€254k), and Italy (€171k), and were imported mostly from France (€7.84M), Belgium (€1.74M), Germany (€488k), Portugal (€262k), and Netherlands (€101k).

Growth In June 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-1.61M or -74.5%), Israel (€-863k or -87.3%), and United States (€-125k or -17%). In June 2024, the increase in Rapeseed Oil's year-by-year imports was explained primarily by an increase in imports from France (€6.27M or 98.2%), Netherlands (€139k or 130%), and Sweden (€31.6k or 1.85k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-3.36M(-59.6%)
IMPORT GROWTH (June 2023 - June 2024)€2.7M(34.5%)
MAIN EXPORTER (June 2024)Barcelona€1.73M
MAIN DESTINATION (June 2024)Saudi Arabia€341k

This section shows Rapeseed Oil's exports and imports data at subnational level for Spain. 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 Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94M
IMPORTS (2022)$245M
NET TRADE (2022)-$151M

In 2022, Spain exported $94M in Rapeseed Oil. The main destinations of Spain exports on Rapeseed Oil were Portugal ($19.5M), United Kingdom ($18.6M), United States ($17.1M), France ($9.63M), and Germany ($6.28M).

In 2022, Spain imported $245M in Rapeseed Oil, mainly from France ($156M), Belgium ($30.3M), United Arab Emirates ($25.4M), Germany ($15.2M), and Netherlands ($7.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$17.9M (2.66k%)
United States$9.55M (127%)
France$7.79M (424%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Spain WERE (2021 - 2022):
Belgium-$3.25M (-77%)
Netherlands-$1.4M (-87.1%)
India-$383k (-57.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Spain's main importing competitors in Rapeseed Oil were:
United States $4.01B
China $1.49B
Netherlands $1.38B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.26M
TOP IMPORT POTENTIALGermany+ $8.75M

Rapeseed Oil’s highest export potential is United States. With an export gap of $9.26M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $8.75M.

See methodology.

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