HS Icon Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified

151419 (Harmonized System 2002 for 6-digit)

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 2021, Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were the world's 659th most traded product, with a total trade of $5.43B. Between 2020 and 2021 the exports of Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified grew by 57.7%, from $3.44B to $5.43B. Trade in Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified represent 0.00026% 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 2021 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 ($2.52B), Germany ($901M), Belgium ($348M), Netherlands ($186M), and Czechia ($165M).

Imports In 2021 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 ($2.25B), Netherlands ($576M), Mexico ($297M), China ($221M), and Belgium ($188M).

Tariffs In 2018 the average tariff for Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified was 16.6%, making it the 835th lowest tariff using the HS6 product classification.

Ranking Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ranks 1440th in the Product Complexity Index (PCI).

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Canada, $2.52B

Top Destination (2021): United States, $2.25B

Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified are the world's 659th most traded product.

In 2021, 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 ($2.52B), Germany ($901M), Belgium ($348M), Netherlands ($186M), and Czechia ($165M).

In 2021, 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 ($2.25B), Netherlands ($576M), Mexico ($297M), China ($221M), and Belgium ($188M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Canada, $1.03B

Top Destination Growth (2020 -  2021): United States, $925M

Between 2020 and 2021, 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 ($1.03B), Germany ($354M), Belgium ($140M), Hungary ($82.4M), and United Kingdom ($57M).

Between 2020 and 2021, 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 ($925M), Mexico ($166M), Netherlands ($109M), France ($104M), and China ($103M).

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Market Concentration

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Cumulative market share

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 2021, market concentration measured using Shannon Entropy, was 3.05. 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 8 countries.

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TOP NET EXPORTER (2021): Canada, $2.5B

TOP NET IMPORTER (2021): United States, $2.16B

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 2021.

In 2021, 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 ($2.5B), Germany ($719M), Belgium ($160M), Czechia ($134M), and United Arab Emirates ($117M).

In 2021, 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 ($2.16B), Netherlands ($390M), Mexico ($287M), China ($217M), and Norway ($178M).

Country Comparison

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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.

Product Complexity

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Diversification Frontier

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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.