2022
Exports
$185kWorld Rnk 67 / 113
Flag Rnk 856 / 1197
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$738MWorld Rnk 5 / 208
Flag Rnk 22 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $185k in Rapeseed Oil, making it the 67th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 856th most exported product in Norway. The main destination of Rapeseed Oil exports from Norway are: Lithuania ($128k), Sweden ($32.4k), Poland ($8.3k), Canada ($7.46k), and Denmark ($5.52k).

The fastest growing export markets for Rapeseed Oil of Norway between 2021 and 2022 were Sweden ($9.33k), Poland ($8.23k), and Canada ($7.46k).

Imports In 2022, Norway imported $738M in Rapeseed Oil, becoming the 5th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 22nd most imported product in Norway. Norway imports Rapeseed Oil primarily from: Russia ($202M), Belarus ($199M), Germany ($88.8M), Denmark ($75M), and Belgium ($35.1M).

The fastest growing import markets in Rapeseed Oil for Norway between 2021 and 2022 were Belarus ($125M), Denmark ($30.8M), and France ($24.7M).

Latest Trends

Aug 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)$185k
IMPORTS (2022)$738M
NET TRADE (2022)-$737M

In 2022, Norway exported $185k in Rapeseed Oil. The main destinations of Norway exports on Rapeseed Oil were Lithuania ($128k), Sweden ($32.4k), Poland ($8.3k), Canada ($7.46k), and Denmark ($5.52k).

In 2022, Norway imported $738M in Rapeseed Oil, mainly from Russia ($202M), Belarus ($199M), Germany ($88.8M), Denmark ($75M), and Belgium ($35.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$9.33k (40.4%)
Poland$8.23k (12.1k%)
Canada$7.46k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Norway WERE (2021 - 2022):
Netherlands-$41.1k (-95.5%)
Lithuania-$3.76k (-2.86%)
Germany-$281 (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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