Rapeseed in 
Canada
2020 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
Exports In 2020, 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).
Latest Trends
#permalink to sectionNovember 2021
Overview In November 2021 Canada's Rapeseed exports accounted up to C$684M and imports accounted up to C$6.53M, resulting in a positive trade balance of C$677M. Between November 2020 and November 2021 the exports of Canada's Rapeseed have decreased by C$-8.73M (-1.26%) from C$693M to C$684M, while imports decreased by C$-1.51M (-18.8%) from C$8.04M to C$6.53M.
Destinations In November 2021, Rapeseed were exported mostly to China (C$230M), Japan (C$188M), Mexico (C$105M), Belgium (C$66.6M), and France (C$65.1M), and were imported mostly from United States (C$6.53M), Chile (C$2.5k), South Korea (C$713), Canada (C$53), and France (C$2).
Growth In November 2021, the decrease in Rapeseed's year-by-year exports was explained primarily by a decrease in exports to China (C$-75M or -54.6%), Japan (C$-55.9M or -38.5%), and Mexico (C$-23M or -33.2%). In November 2021, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from Australia (C$-9.71k or -96.4%)and Chile (C$-427 or -19.9%).
Subnational Monthly Trade
#permalink to sectionEXPORT GROWTH (November 2020 - November 2021): C$-8.73M, (-1.26%)
IMPORT GROWTH (November 2020 - November 2021): C$-1.51M, (-18.8%)
MAIN EXPORTER (November 2021): Saskatchewan, C$385M
MAIN DESTINATION (November 2021): China, C$230M
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.
For full datasets download visit Bulk Download page.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (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).
Market Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, Canada's main exporting competitors in Rapeseed were:
- Ukraine , $1.01B
- Australia , $806M
- Netherlands , $784M
In 2019, Canada's main importing competitors in Rapeseed were:
- Germany , $2.62B
- China , $1.46B
- Netherlands , $1.06B
Tariffs
#permalink to sectionTariffs by Country
#permalink to sectionIn 2018, the tariffs for Rapeseed in the imports of Canada were of 0% around the world.
