HS Icon Rapeseed Oil

1514 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Rapeseed Oil. In 2013, Rapeseed Oil were the world's 6407th most traded product, with a total trade of $8.59B. Between 2018 and 2013 the exports of Rapeseed Oil grew by 3.39%, from $6.51B to $8.59B. Trade in Rapeseed Oil represent 0.0029% of total world trade.

Exports In 2013 the top exporters of Rapeseed Oil  were Canada ($35.8B), Germany ($15.6B), Netherlands ($8.96B), France ($6.28B), and Belgium ($5.48B).

Imports In 2013 the top importers of Rapeseed Oil were United States ($22.1B), Netherlands ($12B), China ($11.5B), Germany ($7.91B), and Belgium ($5.15B).

Tariffs In 2018 the average tariff for Rapeseed Oil was 11.9%, making it the 309th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rapeseed Oil are Poland (84.7%), Switzerland (67.9%), Liechtenstein (67.9%), India (65%), and Bhutan (49.8%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Laos (0%), Maldives (0%), and Pakistan (0%).

Ranking Rapeseed Oil ranks 483rd in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Rapeseed Oil. 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 October 2021 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 (N/A): Canada, $35.8B

Top Destination (N/A): United States, $22.1B

Rapeseed Oil are the world's 6407th most traded product.

In 2013, the top exporters of Rapeseed Oil were Canada ($35.8B), Germany ($15.6B), Netherlands ($8.96B), France ($6.28B), and Belgium ($5.48B).

In 2013, the top importers of Rapeseed Oil were United States ($22.1B), Netherlands ($12B), China ($11.5B), Germany ($7.91B), and Belgium ($5.15B).

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Market Dynamics

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Trade by country

Value

Top Origin Decrease (2018 -  2019): Canada, -$143M

Top Destination Growth (2018 - 2019): China, $122M

Between 2018 and 2019, the fastest declining exporters of Rapeseed Oil were Canada (-$143M), United Kingdom (-$31.8M), Germany (-$20.3M), Australia (-$19.8M), and Latvia (-$11.8M).

Between 2018 and 2019, the fastest growing importers of Rapeseed Oil were China ($122M), Belgium ($91.7M), Germany ($79M), Sweden ($61.7M), and Russia ($32.2M).

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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 Rapeseed Oil.

In 2013,  market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Rapeseed Oil are explained by 13 countries.

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This map shows which countries export or import more of Rapeseed Oil. Each country is colored based on the difference in exports and imports of Rapeseed Oil during 2013.

Disaggregation

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Value

In 2019, the world most traded Rapeseed Oil, disaggragated by their HS6 level were Canola, rape, colza or mustard oil,... ($3.66B) and Canola, rape, colza or mustard oil,... ($3.07B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Rapeseed Oil.
It is possible to select the main countries that export or import Rapeseed Oil in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Rapeseed Oil was 11.9%. The countries with the highest tariffs for importing Rapeseed Oil were Poland (84.7%), Switzerland (67.9%), Liechtenstein (67.9%), India (65%), and Bhutan (49.8%).

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.

Country by Relatedness

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The following visualization shows the relatedness of Rapeseed Oil to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.