2022
Exports
$36.6MWorld Rnk 27 / 113
Flag Rnk 267 / 1203
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$88.4MWorld Rnk 22 / 208
Flag Rnk 213 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $36.6M in Rapeseed Oil, making it the 27th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 267th most exported product in Slovakia. The main destination of Rapeseed Oil exports from Slovakia are: Hungary ($21.7M), Slovakia ($4.96M), Czechia ($4.79M), Austria ($3.1M), and Italy ($749k).

The fastest growing export markets for Rapeseed Oil of Slovakia between 2021 and 2022 were Slovakia ($4.57M), Hungary ($3.83M), and Czechia ($3.43M).

Imports In 2022, Slovakia imported $88.4M in Rapeseed Oil, becoming the 22nd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 213th most imported product in Slovakia. Slovakia imports Rapeseed Oil primarily from: Czechia ($29.5M), Poland ($26.2M), Hungary ($12.1M), Germany ($7.97M), and Austria ($5.76M).

The fastest growing import markets in Rapeseed Oil for Slovakia between 2021 and 2022 were Poland ($15.6M), Slovakia ($4.57M), and Czechia ($3.64M).

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)$36.6M
IMPORTS (2022)$88.4M
NET TRADE (2022)-$51.7M

In 2022, Slovakia exported $36.6M in Rapeseed Oil. The main destinations of Slovakia exports on Rapeseed Oil were Hungary ($21.7M), Slovakia ($4.96M), Czechia ($4.79M), Austria ($3.1M), and Italy ($749k).

In 2022, Slovakia imported $88.4M in Rapeseed Oil, mainly from Czechia ($29.5M), Poland ($26.2M), Hungary ($12.1M), Germany ($7.97M), and Austria ($5.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Slovakia$4.57M (1.16k%)
Hungary$3.83M (21.4%)
Czechia$3.43M (253%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Slovakia WERE (2021 - 2022):
Italy-$2.56M (-77.4%)
Croatia-$920k (-99.9%)
Poland-$461k (-39.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Slovakia'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 POTENTIALAustria+ $2.03M
TOP IMPORT POTENTIALGermany+ $2.77M

Rapeseed Oil’s highest export potential is Austria. With an export gap of $2.03M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $2.77M.

See methodology.

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