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2022
Exports $17.5MWorld Rnk 10 / 99
Flag Rnk 893 / 1216
2022
Destination $10.9M Belgium
2021 - 2022
FASTEST GROWING MARKET $10.9MBelgium
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $41.1MWorld Rnk 4 / 185
Flag Rnk 784 / 1214
2022
Origin $13.5M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $13.5MArgentina
2022
ECONOMIC COMPLEXITY of Netherlands1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $17.5M in Ground Nut Oil, making it the 10th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 893rd most exported product in Netherlands. The main destination of Ground Nut Oil exports from Netherlands are: Belgium ($12.1M), Norway ($3.08M), Germany ($795k), Italy ($370k), and Luxembourg ($251k).

The fastest growing export markets for Ground Nut Oil of Netherlands between 2021 and 2022 were Belgium ($10.9M), Italy ($327k), and Norway ($240k).

Imports In 2022, Netherlands imported $41.1M in Ground Nut Oil, becoming the 4th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 784th most imported product in Netherlands. Netherlands imports Ground Nut Oil primarily from: Argentina ($17.7M), Senegal ($7.01M), Nicaragua ($4.23M), Belgium ($4.18M), and France ($3.85M).

The fastest growing import markets in Ground Nut Oil for Netherlands between 2021 and 2022 were Argentina ($13.5M), Nicaragua ($3.81M), and France ($1.21M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Ground Nut Oil from Netherlands to the United States.

Latest Trends

Oct 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 Ground Nut Oil. 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)$17.5M
IMPORTS (2022)$41.1M
NET TRADE (2022)-$23.6M

In 2022, Netherlands exported $17.5M in Ground Nut Oil. The main destinations of Netherlands exports on Ground Nut Oil were Belgium ($12.1M), Norway ($3.08M), Germany ($795k), Italy ($370k), and Luxembourg ($251k).

In 2022, Netherlands imported $41.1M in Ground Nut Oil, mainly from Argentina ($17.7M), Senegal ($7.01M), Nicaragua ($4.23M), Belgium ($4.18M), and France ($3.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Belgium$10.9M (848%)
Italy$327k (765%)
Norway$240k (8.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Netherlands WERE (2021 - 2022):
China-$483k (-81.4%)
United Arab Emirates-$113k (-100%)
Poland-$40.1k (-76.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Netherlands's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $504k
TOP IMPORT POTENTIALBrazil+ $800k

Ground Nut Oil’s highest export potential is Germany. With an export gap of $504k.   Ground Nut Oil’s highest import potential is Brazil with an import gap of $800k.

See methodology.

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