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Pricing

2022
Exports $26.5MWorld Rnk 30 / 113
Flag Rnk 622 / 1213
2022
Destination $5.69M United States
2021 - 2022
FASTEST GROWING MARKET $5.69MUnited States
2022
PRODUCT COMPLEXITY IN Rapeseed Oil0.26Rnk 466 / 1025
2022
Imports $37.8MWorld Rnk 34 / 208
Flag Rnk 569 / 1211
2022
Origin $22.4M Russia
2021 - 2022
FASTEST GROWING ORIGIN $22.4MRussia
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $26.5M in Rapeseed Oil, making it the 30th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 622nd most exported product in Turkey. The main destination of Rapeseed Oil exports from Turkey are: United States ($17.8M), United Arab Emirates ($5.56M), Israel ($1.06M), Hong Kong ($373k), and France ($336k).

The fastest growing export markets for Rapeseed Oil of Turkey between 2021 and 2022 were United States ($5.69M), United Arab Emirates ($5.56M), and Hong Kong ($373k).

Imports In 2022, Turkey imported $37.8M in Rapeseed Oil, becoming the 34th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 569th most imported product in Turkey. Turkey imports Rapeseed Oil primarily from: Russia ($22.4M), Bulgaria ($13.6M), United Kingdom ($911k), Italy ($416k), and Netherlands ($321k).

The fastest growing import markets in Rapeseed Oil for Turkey between 2021 and 2022 were Russia ($22.4M), Bulgaria ($13.6M), and Italy ($398k).

Latest Trends

Jul 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)$26.5M
IMPORTS (2022)$37.8M
NET TRADE (2022)-$11.3M

In 2022, Turkey exported $26.5M in Rapeseed Oil. The main destinations of Turkey exports on Rapeseed Oil were United States ($17.8M), United Arab Emirates ($5.56M), Israel ($1.06M), Hong Kong ($373k), and France ($336k).

In 2022, Turkey imported $37.8M in Rapeseed Oil, mainly from Russia ($22.4M), Bulgaria ($13.6M), United Kingdom ($911k), Italy ($416k), and Netherlands ($321k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$5.69M (46.9%)
United Arab Emirates$5.56M (1%)
Hong Kong$373k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Turkey WERE (2021 - 2022):
Iran-$3.26M (-100%)
Israel-$2.86M (-72.9%)
New Zealand-$266k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Turkey'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 POTENTIALUnited States+ $5.7M
TOP IMPORT POTENTIALRussia+ $2.7M

Rapeseed Oil’s highest export potential is United States. With an export gap of $5.7M.   Rapeseed Oil’s highest import potential is Russia with an import gap of $2.7M.

See methodology.

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