2022
Exports
$911kWorld Rnk 59 / 113
Flag Rnk 590 / 1168
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$76.8MWorld Rnk 23 / 208
Flag Rnk 136 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $911k in Rapeseed Oil, making it the 59th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 590th most exported product in New Zealand. The main destination of Rapeseed Oil exports from New Zealand are: China ($327k), Fiji ($231k), Cook Islands ($228k), New Caledonia ($36.4k), and Tonga ($29.6k).

The fastest growing export markets for Rapeseed Oil of New Zealand between 2021 and 2022 were Fiji ($182k), Cook Islands ($163k), and Tonga ($20.3k).

Imports In 2022, New Zealand imported $76.8M in Rapeseed Oil, becoming the 23rd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 136th most imported product in New Zealand. New Zealand imports Rapeseed Oil primarily from: Australia ($43.2M), Malaysia ($31.9M), Canada ($985k), India ($189k), and Fiji ($135k).

The fastest growing import markets in Rapeseed Oil for New Zealand between 2021 and 2022 were Australia ($13.6M), Singapore ($62.6k), and Fiji ($35.8k).

Latest Trends

Sep 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)$911k
IMPORTS (2022)$76.8M
NET TRADE (2022)-$75.8M

In 2022, New Zealand exported $911k in Rapeseed Oil. The main destinations of New Zealand exports on Rapeseed Oil were China ($327k), Fiji ($231k), Cook Islands ($228k), New Caledonia ($36.4k), and Tonga ($29.6k).

In 2022, New Zealand imported $76.8M in Rapeseed Oil, mainly from Australia ($43.2M), Malaysia ($31.9M), Canada ($985k), India ($189k), and Fiji ($135k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Fiji$182k (374%)
Cook Islands$163k (253%)
Tonga$20.3k (219%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY New Zealand WERE (2021 - 2022):
Australia-$1.41M (-99.1%)
China-$563k (-63.2%)
Papua New Guinea-$71.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, New Zealand'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 POTENTIALChina+ $240k
TOP IMPORT POTENTIALCanada+ $2.02M

Rapeseed Oil’s highest export potential is China. With an export gap of $240k.   Rapeseed Oil’s highest import potential is Canada with an import gap of $2.02M.

See methodology.

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