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Export of Canola Oil from Iceland
Canola Oil is categorized under HS code 151411 - Vegetable oils; low erucic acid rape or colza oil and its fractions, crude, and the data is presented accordingly.
Export overview
As of 2023, Iceland ranked #50 in global exports of Canola Oil. Iceland accounts for approximately 0% of the total global export value of Canola Oil, with an export value of 152 USD.
The top countries importing Canola Oil from Iceland include World, Faroe Islands.
Export trend
Iceland's export value of Canola Oil has decreased by 88.44%, falling from 1,315 USD in 2016 to 152 USD in 2023.
The export data for Iceland Canola Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 151411 - Vegetable oils; low erucic acid rape or colza oil and its fractions, crude, which covers a specific classification for Canola Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Canola Oil in certain markets, as HS codes often encompass a broader range of similar products.
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