2022
Exports
$1.15BWorld Rnk 3 / 113
Flag Rnk 33 / 1200
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$423kWorld Rnk 111 / 208
Flag Rnk 1095 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $1.15B in Rapeseed Oil, making it the 3rd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 33rd most exported product in Russia. The main destination of Rapeseed Oil exports from Russia are: China ($765M), Norway ($202M), Latvia ($60.9M), Lithuania ($55.7M), and Turkey ($22.4M).

The fastest growing export markets for Rapeseed Oil of Russia between 2021 and 2022 were China ($370M), Turkey ($22.4M), and Estonia ($5.88M).

Imports In 2022, Russia imported $423k in Rapeseed Oil, becoming the 111th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 1095th most imported product in Russia. Russia imports Rapeseed Oil primarily from: Austria ($270k), Germany ($57.8k), Finland ($39.1k), Kazakhstan ($27.1k), and South Korea ($17.1k).

The fastest growing import markets in Rapeseed Oil for Russia between 2021 and 2022 were Kazakhstan ($27.1k) and Germany ($4.75k).

Latest Trends

Sep 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)$1.15B
IMPORTS (2022)$423k
NET TRADE (2022)$1.15B

In 2022, Russia exported $1.15B in Rapeseed Oil. The main destinations of Russia exports on Rapeseed Oil were China ($765M), Norway ($202M), Latvia ($60.9M), Lithuania ($55.7M), and Turkey ($22.4M).

In 2022, Russia imported $423k in Rapeseed Oil, mainly from Austria ($270k), Germany ($57.8k), Finland ($39.1k), Kazakhstan ($27.1k), and South Korea ($17.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$370M (94%)
Turkey$22.4M (1%)
Estonia$5.88M (510%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Russia WERE (2021 - 2022):
Norway-$166M (-45%)
Latvia-$13.6M (-18.2%)
Denmark-$11.9M (-44.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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