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2023
Exports $84.6MWorld Rnk 19 / 117
Flag Rnk 518 / 1215
2023
Destination $14M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $14MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Rapeseed Oil0.16Rnk 502 / 1025
2023
Imports $192MWorld Rnk 13 / 209
Flag Rnk 353 / 1214
2023
Origin $8.99M France
2022 - 2023
FASTEST GROWING ORIGIN $8.99MBulgaria
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $84.6M in Rapeseed Oil, making it the 19th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 518th most exported product in Spain. The main destination of Rapeseed Oil exports from Spain are: United Kingdom ($30.7M), Portugal ($14.2M), United States ($9.88M), Israel ($5.58M), and Saudi Arabia ($3.69M).

The fastest growing export markets for Rapeseed Oil of Spain between 2022 and 2023 were United Kingdom ($14M), Saudi Arabia ($3.69M), and Mexico ($2.22M).

Imports In 2023, Spain imported $192M in Rapeseed Oil, becoming the 13th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 353rd most imported product in Spain. Spain imports Rapeseed Oil primarily from: France ($121M), United Arab Emirates ($24.3M), Belgium ($13M), Germany ($11M), and Bulgaria ($8.99M).

The fastest growing import markets in Rapeseed Oil for Spain between 2022 and 2023 were Bulgaria ($8.99M), Romania ($4.25M), and Ukraine ($1.96M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Rapeseed Oil exports accounted up to €2.75M and imports accounted up to €5.44M, resulting in a negative trade balance of €2.69M. Between December 2023 and December 2024 the exports of Spain's   Rapeseed Oil have decreased by €-629k (-18.6%) from €3.38M to €2.75M, while imports decreased by €-1.64M (-23.2%) from €7.08M to €5.44M.

Destinations In December 2024, Rapeseed Oil were exported mostly to Portugal (€973k), United States (€400k), Israel (€339k), United Kingdom (€289k), and Italy (€165k), and were imported mostly from France (€2.47M), Belgium (€1.89M), Portugal (€422k), Netherlands (€345k), and Germany (€238k).

Growth In December 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Germany (€-2.13M or -98.6%), United States (€-325k or -53.4%), and Italy (€-142k or -40.6%). In December 2024, the decrease in Rapeseed Oil's year-by-year imports was explained primarily by a decrease in imports from France (€-6.98M or -55.2%), Belgium (€-351k or -35.2%), and Germany (€-202k or -39.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€-629k(-18.6%)
IMPORT GROWTH (December 2023 - December 2024)€-1.64M(-23.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Portugal€973k

This section shows Rapeseed Oil's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rapeseed Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$84.6M
IMPORTS (2023)$192M
NET TRADE (2023)-$108M

In 2023, Spain exported $84.6M in Rapeseed Oil. The main destinations of Spain exports on Rapeseed Oil were United Kingdom ($30.7M), Portugal ($14.2M), United States ($9.88M), Israel ($5.58M), and Saudi Arabia ($3.69M).

In 2023, Spain imported $192M in Rapeseed Oil, mainly from France ($121M), United Arab Emirates ($24.3M), Belgium ($13M), Germany ($11M), and Bulgaria ($8.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United Kingdom$14M (83.7%)
Saudi Arabia$3.69M (176k%)
Mexico$2.22M (2.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Spain WERE (2022 - 2023):
United States-$8.39M (-45.9%)
France-$7.59M (-68.4%)
Portugal-$3.56M (-20.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Spain's main importing competitors in Rapeseed Oil were:
United States $4.91B
China $2.6B
Netherlands $1.13B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.26M
TOP IMPORT POTENTIALGermany+ $8.75M

Rapeseed Oil’s highest export potential is United States. With an export gap of $9.26M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $8.75M.

See methodology.

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