Rapeseed in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $105M in Rapeseed, making it the 17th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 732nd most exported product in United States. The main destination of Rapeseed exports from United States are: Canada ($98.3M), Australia ($4.46M), South Africa ($580k), Mexico ($459k), and Kazakhstan ($429k).

The fastest growing export markets for Rapeseed of United States between 2021 and 2022 were Canada ($11.2M), Australia ($3.06M), and Germany ($262k).

Imports In 2022, United States imported $354M in Rapeseed, becoming the 12th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 637th most imported product in United States. United States imports Rapeseed primarily from: Canada ($263M), Australia ($33.8M), France ($28.6M), Argentina ($19.6M), and Uruguay ($2.9M).

The fastest growing import markets in Rapeseed for United States between 2021 and 2022 were Australia ($33.8M), Canada ($31M), and France ($28M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rapeseed to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Rapeseed exports accounted up to $14.3M and imports accounted up to $14M, resulting in a positive trade balance of $293k. Between January 2023 and January 2024 the exports of United States' Rapeseed have increased by $613k (4.47%) from $13.7M to $14.3M, while imports decreased by $-6.37M (-31.2%) from $20.4M to $14M.

Destinations In January 2024, Rapeseed were exported mostly to Canada ($14.3M) and Australia ($9.39k), and were imported mostly from Canada ($13.6M), Argentina ($288k), Uruguay ($179k), New Zealand ($15.7k), and Chile ($4.14k).

Growth In January 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to Canada ($7.28M or 114%). In January 2024, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$613k(4.47%)

IMPORT GROWTH (January 2023 - January 2024)$-6.37M(-31.2%)

MAIN EXPORTER (January 2024)North Dakota$10.1M

MAIN DESTINATION (January 2024)Canada$14.3M

This section shows Rapeseed's exports and imports data at subnational level for United States. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$105M

IMPORTS (2022)$354M

NET TRADE (2022)-$249M

In 2022, United States exported $105M in Rapeseed. The main destinations of United States exports on Rapeseed were Canada ($98.3M), Australia ($4.46M), South Africa ($580k), Mexico ($459k), and Kazakhstan ($429k).

In 2022, United States imported $354M in Rapeseed, mainly from Canada ($263M), Australia ($33.8M), France ($28.6M), Argentina ($19.6M), and Uruguay ($2.9M).

Explore Visualizations