Rapeseed Oil in South Africa | The Observatory of Economic Complexity

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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

March 2024

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Overview In March 2024 South Africa's Rapeseed Oil exports accounted up to ZAR2.7M and imports accounted up to ZAR212k, resulting in a positive trade balance of ZAR2.49M. Between March 2023 and March 2024 the exports of South Africa's Rapeseed Oil have decreased by ZAR-1.8M (-40.1%) from ZAR4.5M to ZAR2.7M, while imports increased by ZAR41.2k (24.1%) from ZAR171k to ZAR212k.

Destinations In March 2024, Rapeseed Oil were exported mostly to Kenya (ZAR1.2M), Zimbabwe (ZAR1.03M), Eswatini (ZAR230k), Botswana (ZAR128k), and Namibia (ZAR47.1k), and were imported mostly from Germany (ZAR110k), Bangladesh (ZAR62.9k), India (ZAR38.9k), and Japan (ZAR250).

Growth In March 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Lesotho (ZAR-6.26k or -14.4%). In March 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)ZAR-1.8M(-40.1%)

IMPORT GROWTH (March 2023 - March 2024)ZAR41.2k(24.1%)

MAIN EXPORTER (March 2024)Cape TownZAR12.8M

MAIN DESTINATION (March 2024)KenyaZAR1.2M

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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