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151499 (Harmonized System 2002 for 6-digit)

2023
World Trade $341MRnk 3352 / 4940
2023
Top Exporter | Top Importer $62.6M | $45.5MGermany | France
2023
Product Complexity 0.27Rnk 2221 / 4951
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 3185 / 4940
2023
Share of World Trade 0.0015%Rnk 3352 / 4940

About

Overview This page contains the latest trade data of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified. In 2023, Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were the world's 3352nd most traded product, with a total trade of $341M. Between 2022 and 2023 the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified decreased by -12.6%, from $391M to $341M. Trade in Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified represent 0.0015% of total world trade.

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

Exports In 2023 the top exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified  were Germany ($62.6M), Belgium ($33.5M), France ($25.8M), Australia ($21.5M), and Czechia ($21.4M).

Imports In 2023 the top importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were France ($45.5M), Israel ($29.8M), Netherlands ($26.1M), Austria ($24.9M), and Belgium ($18M).

Ranking Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ranks 2221st 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, other than crude, but not chemically modified. 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 (2023)Germany$62.6M
Top Destination (2023)France$45.5M

In 2023 Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were the world's 3352nd most traded product (out of 4,940).

In 2023, the top exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were Germany ($62.6M), Belgium ($33.5M), France ($25.8M), Australia ($21.5M), and Czechia ($21.4M).

In 2023, the top importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were France ($45.5M), Israel ($29.8M), Netherlands ($26.1M), Austria ($24.9M), and Belgium ($18M).

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Exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2023)
[Click to Select a Country]

Importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Estonia$6.9M
Top Destination Growth (2022 -  2023)Israel$5.25M

Between 2022 and 2023, the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified grew the fastest in Estonia ($6.9M), Greece ($5.92M), China ($4.85M), Japan ($4.17M), and India ($3.27M).

Between 2022 and 2023, the fastest growing importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified were Israel ($5.25M), Belgium ($5.14M), South Korea ($4.48M), China ($4.38M), and Vietnam ($3.76M).

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Exporters of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2022 - 2023)

Importers of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2022 - 2023)

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, other than crude, but not chemically modified.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified are explained by 21 countries.

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Value of Exports in Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified

Net Trade

TOP NET EXPORTER (2023)Germany$51.8M
TOP NET IMPORTER (2023)Israel$29.8M

This map shows which countries export or import more of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified. 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, other than crude, but not chemically modified during 2023.

In 2023, 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, other than crude, but not chemically modified were Germany ($51.8M), Estonia ($20.8M), Malaysia ($18.8M), Czechia ($18.3M), and Belgium ($15.5M).

In 2023, 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, other than crude, but not chemically modified were Israel ($29.8M), Austria ($22.9M), France ($19.7M), New Zealand ($15.2M), and Lithuania ($14.8M).

Net Trade (2023)

Country Comparison

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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, other than crude, but not chemically modified.
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, other than crude, but not chemically modified 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, other than crude, but not chemically modified 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 (2023)

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