2022
Exports
$148MWorld Rnk 14 / 113
Flag Rnk 161 / 1206
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$73MWorld Rnk 25 / 208
Flag Rnk 306 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $148M in Rapeseed Oil, making it the 14th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 161st most exported product in Hungary. The main destination of Rapeseed Oil exports from Hungary are: Germany ($40.9M), Netherlands ($26.3M), Austria ($22.6M), Poland ($22.3M), and Czechia ($15.6M).

The fastest growing export markets for Rapeseed Oil of Hungary between 2021 and 2022 were Germany ($21.9M), Poland ($14.6M), and Czechia ($9.5M).

Imports In 2022, Hungary imported $73M in Rapeseed Oil, becoming the 25th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 306th most imported product in Hungary. Hungary imports Rapeseed Oil primarily from: Czechia ($22M), Slovakia ($21.7M), Austria ($13.5M), Romania ($7.3M), and Ukraine ($2.52M).

The fastest growing import markets in Rapeseed Oil for Hungary between 2021 and 2022 were Slovakia ($3.83M), Ukraine ($2.52M), and Netherlands ($1.08M).

Latest Trends

Nov 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)$148M
IMPORTS (2022)$73M
NET TRADE (2022)$75.1M

In 2022, Hungary exported $148M in Rapeseed Oil. The main destinations of Hungary exports on Rapeseed Oil were Germany ($40.9M), Netherlands ($26.3M), Austria ($22.6M), Poland ($22.3M), and Czechia ($15.6M).

In 2022, Hungary imported $73M in Rapeseed Oil, mainly from Czechia ($22M), Slovakia ($21.7M), Austria ($13.5M), Romania ($7.3M), and Ukraine ($2.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$21.9M (115%)
Poland$14.6M (189%)
Czechia$9.5M (155%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Hungary WERE (2021 - 2022):
China-$47.8M (-100%)
Netherlands-$38.2M (-59.2%)
Slovakia-$2.47M (-16.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Hungary'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 POTENTIALPoland+ $1.22M
TOP IMPORT POTENTIALGermany+ $2.13M

Rapeseed Oil’s highest export potential is Poland. With an export gap of $1.22M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $2.13M.

See methodology.

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