NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $10.9MWorld Rnk 40 / 117
Flag Rnk 1085 / 1215
2023
Destination $4.27M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $4.27MHong Kong
2023
PRODUCT COMPLEXITY IN Rapeseed Oil0.16Rnk 502 / 1025
2023
Imports $2.6BWorld Rnk 2 / 209
Flag Rnk 118 / 1214
2023
Origin $654M Russia
2022 - 2023
FASTEST GROWING ORIGIN $654MRussia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $10.9M in Rapeseed Oil, making it the 40th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 1085th most exported product in China. The main destination of Rapeseed Oil exports from China are: Hong Kong ($7.51M), United States ($695k), Kazakhstan ($558k), Macau ($540k), and Japan ($423k).

The fastest growing export markets for Rapeseed Oil of China between 2022 and 2023 were Hong Kong ($4.27M), United States ($565k), and Japan ($247k).

Imports In 2023, China imported $2.6B in Rapeseed Oil, becoming the 2nd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 118th most imported product in China. China imports Rapeseed Oil primarily from: Russia ($1.49B), United Arab Emirates ($292M), Belarus ($275M), Canada ($150M), and Belgium ($96.3M).

The fastest growing import markets in Rapeseed Oil for China between 2022 and 2023 were Russia ($654M), Belarus ($216M), and Ukraine ($86.6M).

Latest Trends

December 2024

About

Overview In December 2024 China's Rapeseed Oil exports accounted up to $896k and imports accounted up to $220M, resulting in a negative trade balance of $219M. Between December 2023 and December 2024 the exports of China's   Rapeseed Oil have decreased by $-1.68M (-65.2%) from $2.58M to $896k, while imports decreased by $-14.5M (-6.18%) from $234M to $220M.

Destinations In December 2024, Rapeseed Oil were exported mostly to Hong Kong ($594k), United States ($156k), Uzbekistan ($40k), Indonesia ($36.7k), and Japan ($28.2k), and were imported mostly from Russia ($161M), Belarus ($27M), United Arab Emirates ($24.2M), Kazakhstan ($4.39M), and Ukraine ($2.39M).

Growth In December 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-60 or -33.3%). In December 2024, the decrease in Rapeseed Oil's year-by-year imports was explained primarily by a decrease in imports from Russia ($-37.1M or -29.1%), United Arab Emirates ($-15.8M or -31.9%), and Canada ($-199k or -55.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-1.68M(-65.2%)
IMPORT GROWTH (December 2023 - December 2024)$-14.5M(-6.18%)
MAIN EXPORTER (December 2024)Guangdong Province$3.52M
MAIN DESTINATION (December 2024)Hong Kong$594k

This section shows Rapeseed Oil's exports and imports data at subnational level for China. 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 Oil over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$10.9M
IMPORTS (2023)$2.6B
NET TRADE (2023)-$2.58B

In 2023, China exported $10.9M in Rapeseed Oil. The main destinations of China exports on Rapeseed Oil were Hong Kong ($7.51M), United States ($695k), Kazakhstan ($558k), Macau ($540k), and Japan ($423k).

In 2023, China imported $2.6B in Rapeseed Oil, mainly from Russia ($1.49B), United Arab Emirates ($292M), Belarus ($275M), Canada ($150M), and Belgium ($96.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR China WERE (2022 - 2023):
Hong Kong$4.27M (132%)
United States$565k (435%)
Japan$247k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY China WERE (2022 - 2023):
Philippines-$1.86M (-99.4%)
Malaysia-$432k (-89.2%)
North Korea-$116k (-68.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, China's main importing competitors in Rapeseed Oil were:
United States $4.91B
Netherlands $1.13B

Explore Visualizations

Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $637k
TOP IMPORT POTENTIALCanada+ $49.2M

Rapeseed Oil’s highest export potential is United States. With an export gap of $637k.   Rapeseed Oil’s highest import potential is Canada with an import gap of $49.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms