2022
Exports
$919kWorld Rnk 58 / 113
Flag Rnk 496 / 1100
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$23.3MWorld Rnk 40 / 208
Flag Rnk 553 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $919k in Rapeseed Oil, making it the 58th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 496th most exported product in Saudi Arabia. The main destination of Rapeseed Oil exports from Saudi Arabia are: Kuwait ($354k), Bahrain ($274k), Jordan ($234k), Lebanon ($56.8k), and Maldives ($58).

The fastest growing export markets for Rapeseed Oil of Saudi Arabia between 2021 and 2022 were Bahrain ($224k), Kuwait ($107k), and Jordan ($71.9k).

Imports In 2022, Saudi Arabia imported $23.3M in Rapeseed Oil, becoming the 40th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 553rd most imported product in Saudi Arabia. Saudi Arabia imports Rapeseed Oil primarily from: United Arab Emirates ($20.2M), Canada ($1.14M), United States ($500k), Oman ($382k), and Finland ($268k).

The fastest growing import markets in Rapeseed Oil for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($13.1M), Canada ($458k), and Oman ($382k).

Latest Trends

Nov 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)$919k
IMPORTS (2022)$23.3M
NET TRADE (2022)-$22.4M

In 2022, Saudi Arabia exported $919k in Rapeseed Oil. The main destinations of Saudi Arabia exports on Rapeseed Oil were Kuwait ($354k), Bahrain ($274k), Jordan ($234k), Lebanon ($56.8k), and Maldives ($58).

In 2022, Saudi Arabia imported $23.3M in Rapeseed Oil, mainly from United Arab Emirates ($20.2M), Canada ($1.14M), United States ($500k), Oman ($382k), and Finland ($268k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Bahrain$224k (441%)
Kuwait$107k (43.3%)
Jordan$71.9k (44.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Saudi Arabia WERE (2021 - 2022):
Djibouti-$3.68M (-100%)
Finland-$112k (-100%)
United Arab Emirates-$2.36k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Saudi Arabia'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+ $2.52k
TOP IMPORT POTENTIALCanada+ $1.52M

Rapeseed Oil’s highest export potential is United States. With an export gap of $2.52k.   Rapeseed Oil’s highest import potential is Canada with an import gap of $1.52M.

See methodology.

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