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Export of Canola Oil from Latvia
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, Latvia ranked #11 in global exports of Canola Oil. Latvia accounts for approximately 1.41% of the total global export value of Canola Oil, with an export value of 67,425,599 USD.
The top countries importing Canola Oil from Latvia include World, Estonia, Denmark, Lithuania, Germany.
Export trend
Latvia's export value of Canola Oil has increased by 1753.39% over the past 5 years, rising from 3,637,955 USD in 2019 to 67,425,599 USD in 2023.
The export data for Latvia 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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