2022
Exports
$57.2MWorld Rnk 20 / 78
Flag Rnk 38 / 918
2022
PRODUCT COMPLEXITY IN Rapeseed
-0.31Rnk 652 / 1025
2022
Imports
$2.44MWorld Rnk 52 / 122
Flag Rnk 497 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $57.2M in Rapeseed, making it the 20th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 38th most exported product in Uruguay. The main destination of Rapeseed exports from Uruguay are: United Kingdom ($21.7M), United Arab Emirates ($11.7M), France ($10.1M), Netherlands ($6.12M), and United States ($2.9M).

The fastest growing export markets for Rapeseed of Uruguay between 2021 and 2022 were United Kingdom ($15M), United Arab Emirates ($11.7M), and Netherlands ($6.1M).

Imports In 2022, Uruguay imported $2.44M in Rapeseed, becoming the 52nd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 497th most imported product in Uruguay. Uruguay imports Rapeseed primarily from: Germany ($1.14M), Argentina ($815k), Spain ($329k), United States ($64.7k), and Ireland ($53.3k).

The fastest growing import markets in Rapeseed for Uruguay between 2021 and 2022 were Germany ($1.12M), Argentina ($628k), and Spain ($329k).

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. 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)$57.2M
IMPORTS (2022)$2.44M
NET TRADE (2022)$54.7M

In 2022, Uruguay exported $57.2M in Rapeseed. The main destinations of Uruguay exports on Rapeseed were United Kingdom ($21.7M), United Arab Emirates ($11.7M), France ($10.1M), Netherlands ($6.12M), and United States ($2.9M).

In 2022, Uruguay imported $2.44M in Rapeseed, mainly from Germany ($1.14M), Argentina ($815k), Spain ($329k), United States ($64.7k), and Ireland ($53.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
United Kingdom$15M (225%)
Netherlands$6.1M (25.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Uruguay WERE (2021 - 2022):
France-$4.01M (-28.4%)
United States-$1.26M (-30.3%)
Belgium-$263k (-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 were:
In 2022, Uruguay's main importing competitors in Rapeseed were:
Japan $1.78B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.65M
TOP IMPORT POTENTIALArgentina+ $90.1k

Rapeseed’s highest export potential is Germany. With an export gap of $2.65M.   Rapeseed’s highest import potential is Argentina with an import gap of $90.1k.

See methodology.

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