2022
Exports
$26.6MWorld Rnk 29 / 113
Flag Rnk 53 / 918
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$787kWorld Rnk 95 / 208
Flag Rnk 696 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $26.6M in Rapeseed Oil, making it the 29th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 53rd most exported product in Uruguay. The main destination of Rapeseed Oil exports from Uruguay are: Chile ($11.4M), Netherlands ($7.71M), Colombia ($3.67M), Dominican Republic ($2.54M), and Brazil ($712k).

The fastest growing export markets for Rapeseed Oil of Uruguay between 2021 and 2022 were Chile ($10.4M), Netherlands ($7.71M), and Colombia ($3.63M).

Imports In 2022, Uruguay imported $787k in Rapeseed Oil, becoming the 95th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 696th most imported product in Uruguay. Uruguay imports Rapeseed Oil primarily from: Belgium ($760k), Brazil ($24.1k), United States ($2.12k), India ($635), and Germany ($338).

The fastest growing import markets in Rapeseed Oil for Uruguay between 2021 and 2022 were Belgium ($124k) and India ($467).

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)$26.6M
IMPORTS (2022)$787k
NET TRADE (2022)$25.8M

In 2022, Uruguay exported $26.6M in Rapeseed Oil. The main destinations of Uruguay exports on Rapeseed Oil were Chile ($11.4M), Netherlands ($7.71M), Colombia ($3.67M), Dominican Republic ($2.54M), and Brazil ($712k).

In 2022, Uruguay imported $787k in Rapeseed Oil, mainly from Belgium ($760k), Brazil ($24.1k), United States ($2.12k), India ($635), and Germany ($338).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Chile$10.4M (1.05k%)
Netherlands$7.71M (1%)
Colombia$3.63M (11.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Uruguay WERE (2021 - 2022):
China-$6.14M (-100%)
Brazil-$4.19M (-85.5%)
France-$4.09M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Uruguay'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 POTENTIALBrazil+ $501k
TOP IMPORT POTENTIALBrazil+ $17.7k

Rapeseed Oil’s highest export potential is Brazil. With an export gap of $501k.   Rapeseed Oil’s highest import potential is Brazil with an import gap of $17.7k.

See methodology.

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