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151410 (Harmonized System 1992 for 6-digit)

2022
World Trade $7.19BRnk 545 / 4648
2022
Top Exporter | Top Importer $1.56B | $1.43BCanada | China
2022
Product Complexity 0.19Rnk 2203 / 4653
2021 - 2022
Export Growth (CAGR) 9.51%Rnk 1664 / 4648
2022
Share of World Trade 0.03%Rnk 545 / 4648

About

Overview This page contains the latest trade data of Canola, rape, colza or mustard oil, crude. In 2022, Canola, rape, colza or mustard oil, crude were the world's 545th most traded product, with a total trade of $7.19B. Between 2021 and 2022 the exports of Canola, rape, colza or mustard oil, crude grew by 9.51%, from $6.57B to $7.19B. Trade in Canola, rape, colza or mustard oil, crude represent 0.03% of total world trade.

Canola, rape, colza or mustard oil, crude are a part of Rapeseed Oil.

Exports In 2022 the top exporters of Canola, rape, colza or mustard oil, crude  were Canada ($1.56B), Russia ($1.14B), France ($863M), Germany ($739M), and Belarus ($532M).

Imports In 2022 the top importers of Canola, rape, colza or mustard oil, crude were China ($1.43B), United States ($929M), Netherlands ($723M), Belgium ($684M), and Norway ($636M).

Ranking Canola, rape, colza or mustard oil, crude ranks 2203rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Canola, rape, colza or mustard oil, crude. 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 (2022)Canada$1.56B
Top Destination (2022)China$1.43B

In 2022 Canola, rape, colza or mustard oil, crude were the world's 545th most traded product (out of 4,648).

In 2022, the top exporters of Canola, rape, colza or mustard oil, crude were Canada ($1.56B), Russia ($1.14B), France ($863M), Germany ($739M), and Belarus ($532M).

In 2022, the top importers of Canola, rape, colza or mustard oil, crude were China ($1.43B), United States ($929M), Netherlands ($723M), Belgium ($684M), and Norway ($636M).

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Exporters of Canola, rape, colza or mustard oil, crude (2022)
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Importers of Canola, rape, colza or mustard oil, crude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Russia$241M
Top Destination Growth (2021 -  2022)United States$357M

Between 2021 and 2022, the exports of Canola, rape, colza or mustard oil, crude grew the fastest in Russia ($241M), France ($230M), Belarus ($123M), Denmark ($64.3M), and Latvia ($54.2M).

Between 2021 and 2022, the fastest growing importers of Canola, rape, colza or mustard oil, crude were United States ($357M), Germany ($181M), Belgium ($109M), Poland ($93.9M), and Norway ($87.6M).

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Exporters of Canola, rape, colza or mustard oil, crude (2021 - 2022)

Importers of Canola, rape, colza or mustard oil, crude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Canola, rape, colza or mustard oil, crude.

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Canola, rape, colza or mustard oil, crude are explained by 13 countries.

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Value of Exports in Canola, rape, colza or mustard oil, crude

Net Trade

TOP NET EXPORTER (2022)Canada$1.55B
TOP NET IMPORTER (2022)China$1.43B

This map shows which countries export or import more of Canola, rape, colza or mustard oil, crude. Each country is colored based on the difference in exports and imports of Canola, rape, colza or mustard oil, crude during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Canola, rape, colza or mustard oil, crude were Canada ($1.55B), Russia ($1.14B), France ($811M), Belarus ($532M), and United Arab Emirates ($427M).

In 2022, the countries that had a largest trade value in imports than in exports of Canola, rape, colza or mustard oil, crude were China ($1.43B), United States ($886M), Norway ($636M), Belgium ($520M), and Netherlands ($399M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Canola, rape, colza or mustard oil, crude.
It is possible to select the main countries that export or import Canola, rape, colza or mustard oil, crude in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Canola, rape, colza or mustard oil, crude 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 (2022)

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