Rapeseed in Canada 2018 Exports | Imports : $4.7B | $102M, World Rnk 1 / 80 Rnk 15 / 1208 | World Rnk 16 / 123 Rnk 497 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $448M | $71.1k, China | China
2020 ECONOMIC COMPLEXITY of Canada: 0.93, Rnk 29 / 127
2020 PRODUCT COMPLEXITY IN Rapeseed: -0.34, Rnk 650 / 1029
Exports In 2018, Canada exported $4.7B in Rapeseed, making it the 1st largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 15th most exported product in Canada. The main destination of Rapeseed exports from Canada are: China ($1.07B), Japan ($899M), Mexico ($497M), France ($479M), and United Arab Emirates ($456M).
The fastest growing export markets for Rapeseed of Canada between 2019 and 2020 were China ($448M), France ($242M), and Netherlands ($191M).
Imports In 2020, Canada imported $102M in Rapeseed, becoming the 16th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 497th most imported product in Canada. Canada imports Rapeseed primarily from: United States ($88M), Chile ($12.7M), Australia ($1.11M), Argentina ($197k), and Germany ($105k).
The fastest growing import markets in Rapeseed for Canada between 2019 and 2020 were China ($71.1k), Germany ($42.4k), and Belgium ($365).
October 2022
Overview In October 2022 Canada's Rapeseed exports accounted up to C$1.1B and imports accounted up to C$25.2M, resulting in a positive trade balance of C$1.07B. Between October 2021 and October 2022 the exports of Canada's Rapeseed have increased by C$240M (28.1%) from C$855M to C$1.1B, while imports increased by C$15.2M (152%) from C$9.98M to C$25.2M.
Destinations In October 2022, Rapeseed were exported mostly to China (C$551M), Japan (C$183M), Mexico (C$109M), Pakistan (C$60M), and United Arab Emirates (C$50.1M), and were imported mostly from United States (C$25.1M), Chile (C$40.4k), Canada (C$16.2k), Australia (C$1.04k), and Belgium (C$19).
Growth In October 2022, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to China (C$105M or 169%), Mexico (C$34M or 73.4%), and Japan (C$25M or 27.9%). In October 2022, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from United States (C$3.93M or 33.5%), Australia (C$112k or 30.9k%), and Denmark (C$6 or 85.7%).
EXPORT GROWTH (October 2021 - October 2022): C$240M, (28.1%)
IMPORT GROWTH (October 2021 - October 2022): C$15.2M, (152%)
MAIN EXPORTER (October 2022): Saskatchewan, C$521M
MAIN DESTINATION (October 2022): China, C$551M
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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EXPORTS (2020): $4.7B
IMPORTS (2020): $102M
NET TRADE (2020): $4.6B
In 2020, Canada exported $4.7B in Rapeseed. The main destinations of Canada exports on Rapeseed were China ($1.07B), Japan ($899M), Mexico ($497M), France ($479M), and United Arab Emirates ($456M).
In 2020, Canada imported $102M in Rapeseed, mainly from United States ($88M), Chile ($12.7M), Australia ($1.11M), Argentina ($197k), and Germany ($105k).
In 2020, Canada's main exporting competitors in Rapeseed were:
In 2020, Canada's main importing competitors in Rapeseed were:
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