2022
Exports
$111MWorld Rnk 18 / 113
Flag Rnk 155 / 1204
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$20MWorld Rnk 43 / 208
Flag Rnk 578 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $111M in Rapeseed Oil, making it the 18th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 155th most exported product in Romania. The main destination of Rapeseed Oil exports from Romania are: Poland ($56.9M), France ($23.4M), Germany ($7.75M), Hungary ($7.3M), and Austria ($3.33M).

The fastest growing export markets for Rapeseed Oil of Romania between 2021 and 2022 were Poland ($37.7M), France ($22M), and Germany ($5.69M).

Imports In 2022, Romania imported $20M in Rapeseed Oil, becoming the 43rd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 578th most imported product in Romania. Romania imports Rapeseed Oil primarily from: Bulgaria ($11.4M), Sweden ($2.18M), Poland ($1.17M), Hungary ($1.11M), and Ukraine ($1.11M).

The fastest growing import markets in Rapeseed Oil for Romania between 2021 and 2022 were Bulgaria ($10.4M), Ukraine ($1.11M), and Sweden ($973k).

Latest Trends

Jul 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)$111M
IMPORTS (2022)$20M
NET TRADE (2022)$90.7M

In 2022, Romania exported $111M in Rapeseed Oil. The main destinations of Romania exports on Rapeseed Oil were Poland ($56.9M), France ($23.4M), Germany ($7.75M), Hungary ($7.3M), and Austria ($3.33M).

In 2022, Romania imported $20M in Rapeseed Oil, mainly from Bulgaria ($11.4M), Sweden ($2.18M), Poland ($1.17M), Hungary ($1.11M), and Ukraine ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Poland$37.7M (196%)
France$22M (1.59k%)
Germany$5.69M (275%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Romania WERE (2021 - 2022):
China-$20.3M (-97.5%)
Bulgaria-$12.7M (-88%)
Netherlands-$12.1M (-86.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Romania'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 POTENTIALGermany+ $4.25M
TOP IMPORT POTENTIALHungary+ $1.02M

Rapeseed Oil’s highest export potential is Germany. With an export gap of $4.25M.   Rapeseed Oil’s highest import potential is Hungary with an import gap of $1.02M.

See methodology.

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