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2022
Exports $3.53MWorld Rnk 40 / 78
Flag Rnk 1062 / 1217
2022
Destination $437k France
2021 - 2022
FASTEST GROWING MARKET $437kUkraine
2022
PRODUCT COMPLEXITY IN Rapeseed-0.31Rnk 652 / 1025
2022
Imports $15MWorld Rnk 35 / 122
Flag Rnk 961 / 1215
2022
Origin $1.12M Romania
2021 - 2022
FASTEST GROWING ORIGIN $1.12MSlovenia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.53M in Rapeseed, making it the 40th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1062nd most exported product in Italy. The main destination of Rapeseed exports from Italy are: France ($1.1M), Ukraine ($651k), Germany ($558k), Croatia ($433k), and Turkey ($102k).

The fastest growing export markets for Rapeseed of Italy between 2021 and 2022 were Ukraine ($437k), Turkey ($101k), and Moldova ($96.4k).

Imports In 2022, Italy imported $15M in Rapeseed, becoming the 35th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 961st most imported product in Italy. Italy imports Rapeseed primarily from: Romania ($4.94M), Croatia ($2.32M), Slovenia ($1.85M), Germany ($1.42M), and Greece ($1.13M).

The fastest growing import markets in Rapeseed for Italy between 2021 and 2022 were Slovenia ($1.12M), Austria ($973k), and Ukraine ($750k).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Rapeseed exports accounted up to €13.3M and imports accounted up to €5.36M, resulting in a positive trade balance of €7.98M. Between July 2023 and July 2024 the exports of Italy's   Rapeseed have increased by €10.2M (322%) from €3.16M to €13.3M, while imports increased by €3.5M (188%) from €1.86M to €5.36M.

Destinations In July 2024, Rapeseed were exported mostly to Romania (€8.88M), Germany (€2.28M), France (€1.33M), Austria (€841k), and United States (€8.45k), and were imported mostly from Croatia (€3.52M), France (€839k), Slovenia (€561k), Hungary (€218k), and Greece (€183k).

Growth In July 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to France (€46 or 28.9%) and Hungary (€46 or 97.9%). In July 2024, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from Austria (€5.94k or 60.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€10.2M(322%)
IMPORT GROWTH (July 2023 - July 2024)€3.5M(188%)
MAIN DESTINATION (July 2024)Romania€8.88M

This section shows Rapeseed's exports and imports data at subnational level for Italy. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.53M
IMPORTS (2022)$15M
NET TRADE (2022)-$11.5M

In 2022, Italy exported $3.53M in Rapeseed. The main destinations of Italy exports on Rapeseed were France ($1.1M), Ukraine ($651k), Germany ($558k), Croatia ($433k), and Turkey ($102k).

In 2022, Italy imported $15M in Rapeseed, mainly from Romania ($4.94M), Croatia ($2.32M), Slovenia ($1.85M), Germany ($1.42M), and Greece ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Ukraine$437k (204%)
Turkey$101k (15.8k%)
Moldova$96.4k (48.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Italy WERE (2021 - 2022):
France-$1.33M (-54.7%)
Czechia-$631k (-96.1%)
Belarus-$311k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Rapeseed were:
Australia $5.3B
Canada $4.38B
Ukraine $1.55B
In 2022, Italy's main importing competitors in Rapeseed were:
Germany $3.9B
Japan $1.78B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.18M
TOP IMPORT POTENTIALFrance+ $1.78M

Rapeseed’s highest export potential is France. With an export gap of $1.18M.   Rapeseed’s highest import potential is France with an import gap of $1.78M.

See methodology.

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