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151411 (Harmonized System 2002 for 6-digit)

2022
World Trade $6.72BRnk 574 / 4939
2022
Top Exporter | Top Importer $1.5B | $1.42BCanada | China
2022
Product Complexity 0.0094Rnk 2671 / 4946
2021 - 2022
Export Growth (CAGR) 10.3%Rnk 1682 / 4939
2022
Share of World Trade 0.028%Rnk 574 / 4939

About

Overview This page contains the latest trade data of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude. In 2022, Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were the world's 574th most traded product, with a total trade of $6.72B. Between 2021 and 2022 the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude grew by 10.3%, from $6.09B to $6.72B. Trade in Vegetable oils: low erucic acid rape or colza oil and its fractions, crude represent 0.028% of total world trade.

Vegetable oils: low erucic acid rape or colza oil and its fractions, crude are a part of Rape, colza or mustard oil and their fractions; whether or not refined,....

Exports In 2022 the top exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude  were Canada ($1.5B), Russia ($1.14B), France ($790M), Germany ($702M), and Belarus ($530M).

Imports In 2022 the top importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were China ($1.42B), United States ($868M), Netherlands ($674M), Norway ($651M), and Belgium ($517M).

Ranking Vegetable oils: low erucic acid rape or colza oil and its fractions, crude ranks 2671st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vegetable oils: low erucic acid rape or colza oil and its fractions, crude. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Canada$1.5B
Top Destination (2022)China$1.42B

In 2022 Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were the world's 574th most traded product (out of 4,939).

In 2022, the top exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were Canada ($1.5B), Russia ($1.14B), France ($790M), Germany ($702M), and Belarus ($530M).

In 2022, the top importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were China ($1.42B), United States ($868M), Netherlands ($674M), Norway ($651M), and Belgium ($517M).

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Exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (2022)
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Importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Russia$243M
Top Destination Growth (2021 -  2022)United States$353M

Between 2021 and 2022, the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude grew the fastest in Russia ($243M), France ($184M), Belarus ($124M), Denmark ($65.8M), and Germany ($63.4M).

Between 2021 and 2022, the fastest growing importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were United States ($353M), Germany ($177M), Belgium ($128M), Norway ($109M), and Poland ($92.3M).

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Exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (2021 - 2022)

Importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude.

In 2022, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude are explained by 13 countries.

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Value of Exports in Vegetable oils: low erucic acid rape or colza oil and its fractions, crude

Net Trade

TOP NET EXPORTER (2022)Canada$1.5B
TOP NET IMPORTER (2022)China$1.42B

This map shows which countries export or import more of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude. Each country is colored based on the difference in exports and imports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were Canada ($1.5B), Russia ($1.14B), France ($751M), Belarus ($530M), and United Arab Emirates ($433M).

In 2022, the countries that had a largest trade value in imports than in exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude were China ($1.42B), United States ($825M), Norway ($651M), Netherlands ($529M), and Belgium ($434M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Vegetable oils: low erucic acid rape or colza oil and its fractions, crude.
It is possible to select the main countries that export or import Vegetable oils: low erucic acid rape or colza oil and its fractions, crude in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vegetable oils: low erucic acid rape or colza oil and its fractions, crude by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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