2018
Exports
$629kWorld Rnk 60 / 117
Flag Rnk 688 / 1199
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2018
Imports
$513MWorld Rnk 6 / 209
Flag Rnk 35 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2018, Norway exported $629k in Rapeseed Oil, making it the 60th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 688th most exported product in Norway. The main destination of Rapeseed Oil exports from Norway are: Iceland ($551k), Lithuania ($37.9k), Sweden ($9.98k), France ($8.14k), and Angola ($7.03k).

The fastest growing export markets for Rapeseed Oil of Norway between 2022 and 2023 were Iceland ($551k), France ($8.14k), and Angola ($7.03k).

Imports In 2023, Norway imported $513M in Rapeseed Oil, becoming the 6th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 35th most imported product in Norway. Norway imports Rapeseed Oil primarily from: Belarus ($131M), Belgium ($56.1M), France ($51.2M), Russia ($44.9M), and Denmark ($44.5M).

The fastest growing import markets in Rapeseed Oil for Norway between 2022 and 2023 were Ukraine ($35.6M), Australia ($12.5M), and France ($11.7M).

Latest Trends

Dec 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 (2023)$629k
IMPORTS (2023)$513M
NET TRADE (2023)-$513M

In 2023, Norway exported $629k in Rapeseed Oil. The main destinations of Norway exports on Rapeseed Oil were Iceland ($551k), Lithuania ($37.9k), Sweden ($9.98k), France ($8.14k), and Angola ($7.03k).

In 2023, Norway imported $513M in Rapeseed Oil, mainly from Belarus ($131M), Belgium ($56.1M), France ($51.2M), Russia ($44.9M), and Denmark ($44.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Iceland$551k (1%)
France$8.14k (1%)
Angola$7.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Norway WERE (2022 - 2023):
Lithuania-$90k (-70.4%)
Sweden-$22.3k (-69%)
Poland-$9.05k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Norway'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 POTENTIALSweden+ $45.8k
TOP IMPORT POTENTIALNetherlands+ $4.72M

Rapeseed Oil’s highest export potential is Sweden. With an export gap of $45.8k.   Rapeseed Oil’s highest import potential is Netherlands with an import gap of $4.72M.

See methodology.

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