2022
Exports
$8.11MWorld Rnk 42 / 113
Flag Rnk 602 / 1216
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$28.7MWorld Rnk 37 / 208
Flag Rnk 484 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $8.11M in Rapeseed Oil, making it the 42nd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 602nd most exported product in Portugal. The main destination of Rapeseed Oil exports from Portugal are: Germany ($2.93M), Spain ($2.73M), France ($2.23M), Netherlands ($164k), and Israel ($34.4k).

The fastest growing export markets for Rapeseed Oil of Portugal between 2021 and 2022 were Germany ($2.65M), France ($2.23M), and Spain ($892k).

Imports In 2022, Portugal imported $28.7M in Rapeseed Oil, becoming the 37th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 484th most imported product in Portugal. Portugal imports Rapeseed Oil primarily from: Spain ($19.5M), Netherlands ($5.32M), Germany ($2.09M), Belgium ($1.23M), and France ($351k).

The fastest growing import markets in Rapeseed Oil for Portugal between 2021 and 2022 were Spain ($5.8M), Germany ($1.6M), and France ($148k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Rapeseed Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.11M
IMPORTS (2022)$28.7M
NET TRADE (2022)-$20.6M

In 2022, Portugal exported $8.11M in Rapeseed Oil. The main destinations of Portugal exports on Rapeseed Oil were Germany ($2.93M), Spain ($2.73M), France ($2.23M), Netherlands ($164k), and Israel ($34.4k).

In 2022, Portugal imported $28.7M in Rapeseed Oil, mainly from Spain ($19.5M), Netherlands ($5.32M), Germany ($2.09M), Belgium ($1.23M), and France ($351k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$2.65M (951%)
France$2.23M (1%)
Spain$892k (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Portugal WERE (2021 - 2022):
Morocco-$5.44M (-100%)
Israel-$1.06M (-96.9%)
Netherlands-$200k (-54.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Portugal's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $821k
TOP IMPORT POTENTIALGermany+ $1.63M

Rapeseed Oil’s highest export potential is Spain. With an export gap of $821k.   Rapeseed Oil’s highest import potential is Germany with an import gap of $1.63M.

See methodology.

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