falsefalseN/A
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2018
Imports
falseWorld Rnk 123 / 209
Flag Rnk 884 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Imports In 2023, Armenia imported $144k in Rapeseed Oil, becoming the 123rd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 884th most imported product in Armenia. Armenia imports Rapeseed Oil primarily from: Russia ($135k), India ($4.19k), Italy ($2.03k), Belarus ($1.12k), and Ukraine ($877).

The fastest growing import markets in Rapeseed Oil for Armenia between 2022 and 2023 were Russia ($133k), India ($3.75k), and Italy ($1.92k).

Latest Trends

Jan 2025

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 Rapeseed 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
IMPORTS (2023)$144k

In 2023, Armenia imported $144k in Rapeseed Oil, mainly from Russia ($135k), India ($4.19k), Italy ($2.03k), Belarus ($1.12k), and Ukraine ($877).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Armenia's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $564
TOP IMPORT POTENTIALRussia+ $3.72k

Rapeseed Oil’s highest export potential is United States. With an export gap of $564.   Rapeseed Oil’s highest import potential is Russia with an import gap of $3.72k.

See methodology.

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