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2022
Exports $16.8MWorld Rnk 37 / 113
Flag Rnk 445 / 1213
2022
Destination $4.94M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $4.94MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Rapeseed Oil0.26Rnk 466 / 1025
2022
Imports $4.37MWorld Rnk 66 / 208
Flag Rnk 800 / 1213
2022
Origin $1.76M Spain
2021 - 2022
FASTEST GROWING ORIGIN $1.76MSpain
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $16.8M in Rapeseed Oil, making it the 37th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 445th most exported product in South Africa. The main destination of Rapeseed Oil exports from South Africa are: United Kingdom ($5.17M), Kenya ($3.74M), Netherlands ($3.51M), Germany ($3.23M), and Eswatini ($317k).

The fastest growing export markets for Rapeseed Oil of South Africa between 2021 and 2022 were United Kingdom ($4.94M), Kenya ($3.74M), and Netherlands ($3.51M).

Imports In 2022, South Africa imported $4.37M in Rapeseed Oil, becoming the 66th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 800th most imported product in South Africa. South Africa imports Rapeseed Oil primarily from: Spain ($1.76M), United Arab Emirates ($1.5M), Netherlands ($724k), Germany ($129k), and Belgium ($76.6k).

The fastest growing import markets in Rapeseed Oil for South Africa between 2021 and 2022 were Spain ($1.76M), United Arab Emirates ($1.5M), and Switzerland ($11.8k).

Latest Trends

August 2024

About

Overview In August 2024 South Africa's Rapeseed Oil exports accounted up to ZAR18.8M and imports accounted up to ZAR230k, resulting in a positive trade balance of ZAR18.6M. Between August 2023 and August 2024 the exports of South Africa's   Rapeseed Oil have increased by ZAR16.6M (760%) from ZAR2.19M to ZAR18.8M, while imports increased by ZAR102k (79.5%) from ZAR128k to ZAR230k.

Destinations In August 2024, Rapeseed Oil were exported mostly to United States (ZAR11.6M), United Arab Emirates (ZAR3.36M), Nigeria (ZAR2.99M), Lesotho (ZAR370k), and Eswatini (ZAR299k), and were imported mostly from India (ZAR226k), Bangladesh (ZAR4.17k), and Japan (ZAR415).

Growth In August 2024, the increase in Rapeseed Oil's year-by-year exports was explained primarily by an increase in exports to Namibia (ZAR180k or 11.5k%), Eswatini (ZAR66.2k or 28.7%), and Botswana (ZAR8.95k or 25.6%). In August 2024, the increase in Rapeseed Oil's year-by-year imports was explained primarily by an increase in imports from India (ZAR15.9k or 112%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)ZAR16.6M(760%)
IMPORT GROWTH (August 2023 - August 2024)ZAR102k(79.5%)
MAIN EXPORTER (August 2024)Cape TownZAR17.9M
MAIN DESTINATION (August 2024)United StatesZAR11.6M

This section shows Rapeseed Oil's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rapeseed Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.8M
IMPORTS (2022)$4.37M
NET TRADE (2022)$12.4M

In 2022, South Africa exported $16.8M in Rapeseed Oil. The main destinations of South Africa exports on Rapeseed Oil were United Kingdom ($5.17M), Kenya ($3.74M), Netherlands ($3.51M), Germany ($3.23M), and Eswatini ($317k).

In 2022, South Africa imported $4.37M in Rapeseed Oil, mainly from Spain ($1.76M), United Arab Emirates ($1.5M), Netherlands ($724k), Germany ($129k), and Belgium ($76.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United Kingdom$4.94M (2.18k%)
Kenya$3.74M (4.62M%)
Netherlands$3.51M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY South Africa WERE (2021 - 2022):
Sri Lanka-$276k (-93.4%)
Malawi-$18.4k (-97.7%)
Democratic Republic of the Congo-$17.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, South Africa'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 POTENTIALGermany+ $1.29M
TOP IMPORT POTENTIALGermany+ $599k

Rapeseed Oil’s highest export potential is Germany. With an export gap of $1.29M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $599k.

See methodology.

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