2022
Exports
$7.02MWorld Rnk 44 / 113
Flag Rnk 473 / 1205
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$65MWorld Rnk 27 / 208
Flag Rnk 260 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $7.02M in Rapeseed Oil, making it the 44th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 473rd most exported product in Finland. The main destination of Rapeseed Oil exports from Finland are: Sweden ($1.97M), Germany ($1.83M), Estonia ($1.78M), Lithuania ($307k), and Saudi Arabia ($268k).

The fastest growing export markets for Rapeseed Oil of Finland between 2021 and 2022 were Germany ($1.82M), Belgium ($205k), and France ($140k).

Imports In 2022, Finland imported $65M in Rapeseed Oil, becoming the 27th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 260th most imported product in Finland. Finland imports Rapeseed Oil primarily from: Denmark ($18.6M), Estonia ($17M), Germany ($11.6M), Netherlands ($7.97M), and Belarus ($5.44M).

The fastest growing import markets in Rapeseed Oil for Finland between 2021 and 2022 were Denmark ($12.7M), Netherlands ($7.79M), and Germany ($7.69M).

Latest Trends

Jul 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 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
EXPORTS (2022)$7.02M
IMPORTS (2022)$65M
NET TRADE (2022)-$58M

In 2022, Finland exported $7.02M in Rapeseed Oil. The main destinations of Finland exports on Rapeseed Oil were Sweden ($1.97M), Germany ($1.83M), Estonia ($1.78M), Lithuania ($307k), and Saudi Arabia ($268k).

In 2022, Finland imported $65M in Rapeseed Oil, mainly from Denmark ($18.6M), Estonia ($17M), Germany ($11.6M), Netherlands ($7.97M), and Belarus ($5.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Germany$1.82M (90.8k%)
Belgium$205k (1%)
France$140k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Finland WERE (2021 - 2022):
Netherlands-$2M (-93.5%)
Russia-$403k (-91.1%)
Sweden-$125k (-5.97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Finland's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $867k
TOP IMPORT POTENTIALBelarus+ $953k

Rapeseed Oil’s highest export potential is Germany. With an export gap of $867k.   Rapeseed Oil’s highest import potential is Belarus with an import gap of $953k.

See methodology.

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