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151491 (Harmonized System 2002 for 6-digit)

2022
World Trade $752MRnk 2572 / 4939
2022
Top Exporter | Top Importer $248M | $207MNetherlands | Germany
2022
Product Complexity 0.29Rnk 2158 / 4946
2021 - 2022
Export Growth (CAGR) 17.5%Rnk 1023 / 4939
2022
Share of World Trade 0.0032%Rnk 2572 / 4939

About

Overview This page contains the latest trade data of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude. In 2022, Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were the world's 2572nd most traded product, with a total trade of $752M. Between 2021 and 2022 the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude grew by 17.5%, from $640M to $752M. Trade in Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude represent 0.0032% of total world trade.

Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude are a part of Rape, colza or mustard oil and their fractions; whether or not refined,....

Exports In 2022 the top exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude  were Netherlands ($248M), Belgium ($180M), France ($110M), Canada ($61.5M), and Germany ($46.8M).

Imports In 2022 the top importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Germany ($207M), Belgium ($166M), Netherlands ($76.2M), United States ($63.2M), and Norway ($50.2M).

Ranking Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude ranks 2158th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Netherlands$248M
Top Destination (2022)Germany$207M

In 2022 Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were the world's 2572nd most traded product (out of 4,939).

In 2022, the top exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Netherlands ($248M), Belgium ($180M), France ($110M), Canada ($61.5M), and Germany ($46.8M).

In 2022, the top importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Germany ($207M), Belgium ($166M), Netherlands ($76.2M), United States ($63.2M), and Norway ($50.2M).

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Exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (2022)
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Importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$80.4M
Top Destination Growth (2021 -  2022)Germany$71.1M

Between 2021 and 2022, the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude grew the fastest in France ($80.4M), Belgium ($51.4M), Netherlands ($36.7M), India ($8.25M), and Estonia ($4.86M).

Between 2021 and 2022, the fastest growing importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Germany ($71.1M), Norway ($42.4M), Netherlands ($32M), Chile ($29.1M), and Sweden ($12.5M).

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Exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (2021 - 2022)

Importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude.

In 2022, market concentration measured using Shannon Entropy, was 2.84. This means that most of the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude are explained by 7 countries.

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Value of Exports in Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude

Net Trade

TOP NET EXPORTER (2022)Netherlands$172M
TOP NET IMPORTER (2022)Germany$160M

This map shows which countries export or import more of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude. Each country is colored based on the difference in exports and imports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Netherlands ($172M), France ($95.5M), Canada ($59.6M), United Kingdom ($36.7M), and Belgium ($13.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude were Germany ($160M), United States ($62.1M), Norway ($50.2M), Czechia ($28.8M), and Sweden ($28.4M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude.
It is possible to select the main countries that export or import Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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