2022
Exports
$5.3BWorld Rnk 1 / 78
Flag Rnk 9 / 1208
2022
PRODUCT COMPLEXITY IN Rapeseed
-0.31Rnk 652 / 1025
2022
Imports
$12.7MWorld Rnk 37 / 122
Flag Rnk 760 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $5.3B in Rapeseed, making it the 1st largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 9th most exported product in Australia. The main destination of Rapeseed exports from Australia are: Germany ($1.25B), Belgium ($946M), Japan ($721M), United Arab Emirates ($676M), and France ($627M).

The fastest growing export markets for Rapeseed of Australia between 2021 and 2022 were Germany ($698M), Japan ($559M), and United Arab Emirates ($545M).

Imports In 2022, Australia imported $12.7M in Rapeseed, becoming the 37th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 760th most imported product in Australia. Australia imports Rapeseed primarily from: Canada ($4.48M), United States ($4.46M), Chile ($1.29M), Germany ($1.08M), and New Zealand ($938k).

The fastest growing import markets in Rapeseed for Australia between 2021 and 2022 were United States ($3.06M), Canada ($2.88M), and Chile ($1.21M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rapeseed. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.3B
IMPORTS (2022)$12.7M
NET TRADE (2022)$5.28B

In 2022, Australia exported $5.3B in Rapeseed. The main destinations of Australia exports on Rapeseed were Germany ($1.25B), Belgium ($946M), Japan ($721M), United Arab Emirates ($676M), and France ($627M).

In 2022, Australia imported $12.7M in Rapeseed, mainly from Canada ($4.48M), United States ($4.46M), Chile ($1.29M), Germany ($1.08M), and New Zealand ($938k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Germany$698M (126%)
Japan$559M (345%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Australia WERE (2021 - 2022):
Nepal-$50.5M (-62.5%)
China-$37M (-100%)
Ukraine-$35M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Rapeseed were:
Canada $4.38B
Ukraine $1.55B
In 2022, Australia's main importing competitors in Rapeseed were:
Japan $1.78B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.4M
TOP IMPORT POTENTIALCanada+ $1.61M

Rapeseed’s highest export potential is United States. With an export gap of $22.4M.   Rapeseed’s highest import potential is Canada with an import gap of $1.61M.

See methodology.

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