2023
Exports
$4.57BWorld Rnk 1 / 79
Flag Rnk 19 / 1212
2023
PRODUCT COMPLEXITY IN Rapeseed
-0.22Rnk 622 / 1025
2023
Imports
$239MWorld Rnk 12 / 125
Flag Rnk 356 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $4.57B in Rapeseed, making it the 1st largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 19th most exported product in Canada. The main destination of Rapeseed exports from Canada are: China ($3.02B), Japan ($697M), Mexico ($284M), United States ($203M), and Pakistan ($185M).

The fastest growing export markets for Rapeseed of Canada between 2022 and 2023 were China ($1.43B), Pakistan ($83.3M), and United Arab Emirates ($5.46M).

Imports In 2023, Canada imported $239M in Rapeseed, becoming the 12th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 356th most imported product in Canada. Canada imports Rapeseed primarily from: United States ($124M), Chile ($51.2M), Romania ($35.7M), Lithuania ($12.3M), and Latvia ($12.2M).

The fastest growing import markets in Rapeseed for Canada between 2022 and 2023 were Romania ($35.7M), United States ($30.7M), and Chile ($28.7M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$249M(73.5%)
IMPORT GROWTH (November 2023 - November 2024)C$-39.7M(-70.3%)
MAIN EXPORTER (November 2024)SaskatchewanC$438M
MAIN DESTINATION (November 2024)ChinaC$289M

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.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.57B
IMPORTS (2023)$239M
NET TRADE (2023)$4.33B

In 2023, Canada exported $4.57B in Rapeseed. The main destinations of Canada exports on Rapeseed were China ($3.02B), Japan ($697M), Mexico ($284M), United States ($203M), and Pakistan ($185M).

In 2023, Canada imported $239M in Rapeseed, mainly from United States ($124M), Chile ($51.2M), Romania ($35.7M), Lithuania ($12.3M), and Latvia ($12.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Canada WERE (2022 - 2023):
China$1.43B (90.6%)
Pakistan$83.3M (81.6%)
United Arab Emirates$5.46M (4.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Canada WERE (2022 - 2023):
Mexico-$432M (-60.4%)
Japan-$408M (-36.9%)
France-$174M (-86.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Rapeseed were:
In 2023, Canada's main importing competitors in Rapeseed were:
Germany $3.36B
China $3.27B
Japan $1.29B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $104M
TOP IMPORT POTENTIALAustralia+ $2.24M

Rapeseed’s highest export potential is United States. With an export gap of $104M.   Rapeseed’s highest import potential is Australia with an import gap of $2.24M.

See methodology.

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