2023
Exports
$1.59BWorld Rnk 2 / 117
Flag Rnk 20 / 1200
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2023
Imports
$584kWorld Rnk 96 / 209
Flag Rnk 1046 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $1.59B in Rapeseed Oil, making it the 2nd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 20th most exported product in Russia. The main destination of Rapeseed Oil exports from Russia are: China ($1.49B), Norway ($44.9M), Turkey ($21.4M), Latvia ($19.4M), and Israel ($6.71M).

The fastest growing export markets for Rapeseed Oil of Russia between 2022 and 2023 were China ($654M), Israel ($2.28M), and Kazakhstan ($151k).

Imports In 2023, Russia imported $584k in Rapeseed Oil, becoming the 96th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 1046th most imported product in Russia. Russia imports Rapeseed Oil primarily from: Austria ($457k), China ($58.2k), Germany ($34.6k), Kazakhstan ($21.2k), and Philippines ($6.17k).

The fastest growing import markets in Rapeseed Oil for Russia between 2022 and 2023 were Austria ($187k), China ($58.2k), and Philippines ($6.17k).

Latest Trends

Dec 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 (2023)$1.59B
IMPORTS (2023)$584k
NET TRADE (2023)$1.59B

In 2023, Russia exported $1.59B in Rapeseed Oil. The main destinations of Russia exports on Rapeseed Oil were China ($1.49B), Norway ($44.9M), Turkey ($21.4M), Latvia ($19.4M), and Israel ($6.71M).

In 2023, Russia imported $584k in Rapeseed Oil, mainly from Austria ($457k), China ($58.2k), Germany ($34.6k), Kazakhstan ($21.2k), and Philippines ($6.17k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$654M (77.9%)
Israel$2.28M (51.4%)
Kazakhstan$151k (260%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Russia WERE (2022 - 2023):
Norway-$157M (-77.8%)
Lithuania-$59.6M (-99.2%)
Latvia-$46.3M (-70.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Germany $1.47B
In 2023, Russia'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 POTENTIALUnited States+ $15.9M
TOP IMPORT POTENTIALGermany+ $141k

Rapeseed Oil’s highest export potential is United States. With an export gap of $15.9M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $141k.

See methodology.

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