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151419 (Harmonized System 2002 for 6-digit)

2022
World Trade $6.45BRnk 593 / 4939
2022
Top Exporter | Top Importer $3.3B | $3.07BCanada | United States
2022
Product Complexity 0.84Rnk 1099 / 4946
2021 - 2022
Export Growth (CAGR) 16.9%Rnk 1067 / 4939
2022
Share of World Trade 0.027%Rnk 593 / 4939

About

Overview This page contains the latest trade data of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified. In 2022, Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were the world's 593rd most traded product, with a total trade of $6.45B. Between 2021 and 2022 the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified grew by 16.9%, from $5.52B to $6.45B. Trade in Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified represent 0.027% of total world trade.

Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified 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, other than crude, but not chemically modified  were Canada ($3.3B), Germany ($984M), Belgium ($352M), Netherlands ($258M), and Czechia ($210M).

Imports In 2022 the top importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were United States ($3.07B), Netherlands ($653M), Mexico ($285M), Belgium ($251M), and Germany ($243M).

Ranking Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ranks 1099th 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, other than crude, but not chemically modified. 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$3.3B
Top Destination (2022)United States$3.07B

In 2022 Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were the world's 593rd 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, other than crude, but not chemically modified were Canada ($3.3B), Germany ($984M), Belgium ($352M), Netherlands ($258M), and Czechia ($210M).

In 2022, the top importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were United States ($3.07B), Netherlands ($653M), Mexico ($285M), Belgium ($251M), and Germany ($243M).

Explore Visualizations

Exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2022)
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Importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$693M
Top Destination Growth (2021 -  2022)United States$745M

Between 2021 and 2022, the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified grew the fastest in Canada ($693M), Netherlands ($78.2M), Germany ($43.1M), Malaysia ($34.3M), and Czechia ($31.4M).

Between 2021 and 2022, the fastest growing importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were United States ($745M), Poland ($57.9M), Belgium ($53.4M), Germany ($48.8M), and Netherlands ($34.4M).

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Exporters of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2021 - 2022)

Importers of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (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, other than crude, but not chemically modified.

In 2022, market concentration measured using Shannon Entropy, was 2.88. This means that most of the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified are explained by 7 countries.

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Value of Exports in Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified

Net Trade

TOP NET EXPORTER (2022)Canada$3.25B
TOP NET IMPORTER (2022)United States$2.98B

This map shows which countries export or import more of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified. 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, other than crude, but not chemically modified 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, other than crude, but not chemically modified were Canada ($3.25B), Germany ($741M), Czechia ($152M), United Arab Emirates ($127M), and Belgium ($101M).

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, other than crude, but not chemically modified were United States ($2.98B), Netherlands ($394M), Mexico ($277M), Poland ($126M), and France ($126M).

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, other than crude, but not chemically modified.
It is possible to select the main countries that export or import Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified 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, other than crude, but not chemically modified 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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