Rapeseed in Canada

EXPORTS (2018): $4.45B, World Rnk 1 / 73
Flag Rnk 17 / 1201

TOP DESTINATION (2018): $2.1B, China

FASTEST GROWING MARKET (2017 - 2018): $59M, China

IMPORTS (2018): $126M, World Rnk 13 / 102
Flag Rnk 444 / 1212

TOP ORIGIN (2018): $105M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $26M, United States

ECONOMIC COMPLEXITY of Canada (2018): 0.98, Rnk 25 / 137

PRODUCT COMPLEXITY  IN Rapeseed (2018): -0.2, Rnk 609 / 1018

Overview: This page contains the latest trade data of Rapeseed in Canada.

Exports: In 2018, Canada exported $4.45B in Rapeseed, making it the 1st largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 17th most exported product in Canada. The main destination of Rapeseed exports from Canada are: China ($2.1B), Japan ($982M), Mexico ($546M), United States ($246M), and Pakistan ($219M).

The fastest growing export markets for Rapeseed of Canada between 2017 and 2018 were China ($59M), Nepal ($12.8M), and United States ($8.92M).

Imports: In 2018, Canada imported $126M in Rapeseed, becoming the 13th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 444th most imported product in Canada. Canada imports Rapeseed primarily from: United States ($105M), Chile ($17.1M), Australia ($2.94M), Argentina ($76.1k), and Switzerland ($51.2k).

The fastest growing import markets in Rapeseed for Canada between 2017 and 2018 were United States ($26M), Chile ($3.6M), and Australia ($1.97M).

Overview: In April 2020 Canada's Rapeseed exports accounted up to C$610M and imports accounted up to C$15.2M, resulting in a positive trade balance of C$595M. Between April 2019 and April 2020 the exports of Canada's   Rapeseed have increased by C$275M (81.9%) from C$335M to C$610M, while imports decreased by C$-14.4M (-48.7%) from C$29.7M to C$15.2M.

Destinations: In April 2020 Rapeseed exported mostly to Japan (C$123M), China (C$96.8M), United Arab Emirates (C$68.4M), Mexico (C$67.8M), and United States (C$42.9M), and imported mostly from United States (C$9.3M), Chile (C$5.65M), Australia (C$131k), Canada (C$88.2k), and Argentina (C$74k).

Growth: In April 2020, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (C$47.2M or 223%), Japan (C$35.6M or 40.8%), and Mexico (C$33.8M or 99.5%). In April 2020, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from United States (C$-7.51M or -44.7%), Chile (C$-6.07M or -51.8%), and Australia (C$-1.03M or -88.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (April 2019 - April 2020): C$275M, (81.9%)

IMPORT GROWTH (April 2019 - April 2020): C$-14.4M, (-48.7%)

MAIN EXPORTER (April 2020): Saskatchewan, C$349M

MAIN DESTINATION (April 2020): Japan, C$123M

This section shows Rapeseed's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rapeseed over time.

Value

EXPORTS (2018): $4.45B

IMPORTS (2018): $126M

NET TRADE (2018): $4.32B

In 2018, Canada exported $4.45B in Rapeseed. The main destinations of Canada exports on Rapeseed were China ($2.1B), Japan ($982M), Mexico ($546M), United States ($246M), and Pakistan ($219M).

In 2018, Canada imported $126M in Rapeseed, mainly from United States ($105M), Chile ($17.1M), Australia ($2.94M), Argentina ($76.1k), and Switzerland ($51.2k).

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IN 2018, Canada HAD A POSITIVE NET TRADE IN Rapeseed WITH:

  • China, $2.1B ($2.1B - $0)
  • Japan, $982M ($982M - $0)
  • Mexico, $546M ($546M - $0)

IN 2018, Canada HAD A NEGATIVE NET TRADE IN Rapeseed WITH:

  • Chile, -$16.7M ($393k - $17.1M)
  • Australia, -$2.66M ($282k - $2.94M)
  • Argentina, -$76.1k ($0 - $76.1k)
Flow

THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Canada WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Canada WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Canada's main exporting competitors in Rapeseed were:

In 2018, Canada's main importing competitors in Rapeseed were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Rapeseed in Canada. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Rapeseed in the imports of Canada were of 0% around the world.

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