2023
Exports
$635kWorld Rnk 59 / 117
Flag Rnk 689 / 1148
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2023
Imports
$16.4MWorld Rnk 45 / 209
Flag Rnk 658 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $635k in Rapeseed Oil, making it the 59th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 689th most exported product in Saudi Arabia. The main destination of Rapeseed Oil exports from Saudi Arabia are: Bahrain ($460k), Jordan ($118k), Lebanon ($49.6k), United Kingdom ($4.6k), and Kuwait ($1.42k).

The fastest growing export markets for Rapeseed Oil of Saudi Arabia between 2022 and 2023 were Bahrain ($169k), United Kingdom ($4.6k), and Macau ($1.26k).

Imports In 2023, Saudi Arabia imported $16.4M in Rapeseed Oil, becoming the 45th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 658th most imported product in Saudi Arabia. Saudi Arabia imports Rapeseed Oil primarily from: Bangladesh ($5.43M), United Arab Emirates ($5.33M), Spain ($3.69M), Bosnia and Herzegovina ($362k), and Finland ($357k).

The fastest growing import markets in Rapeseed Oil for Saudi Arabia between 2022 and 2023 were Spain ($3.69M), Bosnia and Herzegovina ($362k), and Finland ($144k).

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)$635k
IMPORTS (2023)$16.4M
NET TRADE (2023)-$15.7M

In 2023, Saudi Arabia exported $635k in Rapeseed Oil. The main destinations of Saudi Arabia exports on Rapeseed Oil were Bahrain ($460k), Jordan ($118k), Lebanon ($49.6k), United Kingdom ($4.6k), and Kuwait ($1.42k).

In 2023, Saudi Arabia imported $16.4M in Rapeseed Oil, mainly from Bangladesh ($5.43M), United Arab Emirates ($5.33M), Spain ($3.69M), Bosnia and Herzegovina ($362k), and Finland ($357k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Bahrain$169k (58%)
United Kingdom$4.6k (1%)
Macau$1.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Saudi Arabia WERE (2022 - 2023):
Djibouti-$5.08M (-100%)
Somalia-$356k (-100%)
Jordan-$132k (-52.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Saudi Arabia'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 POTENTIALUnited States+ $2.52k
TOP IMPORT POTENTIALCanada+ $1.52M

Rapeseed Oil’s highest export potential is United States. With an export gap of $2.52k.   Rapeseed Oil’s highest import potential is Canada with an import gap of $1.52M.

See methodology.

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