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2022
Exports $156MWorld Rnk 13 / 113
Flag Rnk 317 / 1216
2022
Destination $10.7M Belgium
2021 - 2022
FASTEST GROWING MARKET $10.7MGermany
2022
PRODUCT COMPLEXITY IN Rapeseed Oil0.26Rnk 466 / 1025
2022
Imports $143MWorld Rnk 18 / 208
Flag Rnk 515 / 1214
2022
Origin $38.8M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $38.8MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $156M in Rapeseed Oil, making it the 13th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 317th most exported product in United Kingdom. The main destination of Rapeseed Oil exports from United Kingdom are: Belgium ($45.6M), Sweden ($23.3M), Netherlands ($22.1M), Norway ($21.7M), and Germany ($16.3M).

The fastest growing export markets for Rapeseed Oil of United Kingdom between 2021 and 2022 were Germany ($10.7M), France ($3.73M), and Philippines ($2.79M).

Imports In 2022, United Kingdom imported $143M in Rapeseed Oil, becoming the 18th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 515th most imported product in United Kingdom. United Kingdom imports Rapeseed Oil primarily from: Netherlands ($48.8M), France ($29.7M), Belgium ($25.4M), Spain ($18.6M), and Germany ($7.26M).

The fastest growing import markets in Rapeseed Oil for United Kingdom between 2021 and 2022 were Netherlands ($38.8M), France ($29.1M), and Spain ($17.9M).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Rapeseed Oil exports accounted up to £1.72M and imports accounted up to £39.6M, resulting in a negative trade balance of £37.9M. Between July 2023 and July 2024 the exports of United Kingdom's   Rapeseed Oil have decreased by £-3.89M (-69.4%) from £5.61M to £1.72M, while imports increased by £26.1M (194%) from £13.5M to £39.6M.

Destinations In July 2024, Rapeseed Oil were exported mostly to Ireland (£1.02M), Germany (£297k), Norway (£114k), Hungary (£56.2k), and Iceland (£37.6k), and were imported mostly from Netherlands (£27.6M), Belgium (£3.64M), Germany (£3.31M), France (£3.09M), and Iceland (£1.09M).

Growth In July 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Norway (£-3.73M or -98.7%), Switzerland (£-74k or -56.7%), and Philippines (£-63.8k or -30.7%). In July 2024, the increase in Rapeseed Oil's year-by-year imports was explained primarily by an increase in imports from France (£2.23M or 1.57k%), Germany (£1.25M or 1.58k%), and Netherlands (£394k or 486%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-3.89M(-69.4%)
IMPORT GROWTH (July 2023 - July 2024)£26.1M(194%)
MAIN EXPORTER (July 2024)London£5.97M
MAIN DESTINATION (July 2024)Ireland£1.02M

This section shows Rapeseed Oil's exports and imports data at subnational level for United Kingdom. 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 (2022)$156M
IMPORTS (2022)$143M
NET TRADE (2022)$13.1M

In 2022, United Kingdom exported $156M in Rapeseed Oil. The main destinations of United Kingdom exports on Rapeseed Oil were Belgium ($45.6M), Sweden ($23.3M), Netherlands ($22.1M), Norway ($21.7M), and Germany ($16.3M).

In 2022, United Kingdom imported $143M in Rapeseed Oil, mainly from Netherlands ($48.8M), France ($29.7M), Belgium ($25.4M), Spain ($18.6M), and Germany ($7.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$10.7M (189%)
France$3.73M (352%)
Philippines$2.79M (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY United Kingdom WERE (2021 - 2022):
China-$52M (-99.9%)
Norway-$13.7M (-38.8%)
Ireland-$12.2M (-58.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, United Kingdom's main importing competitors in Rapeseed Oil were:
United States $4.01B
China $1.49B
Netherlands $1.38B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.94M
TOP IMPORT POTENTIALFrance+ $8.5M

Rapeseed Oil’s highest export potential is Germany. With an export gap of $7.94M.   Rapeseed Oil’s highest import potential is France with an import gap of $8.5M.

See methodology.

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