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2022
Exports $1.2MWorld Rnk 46 / 78
Flag Rnk 1179 / 1216
2022
Destination $405k Pakistan
2021 - 2022
FASTEST GROWING MARKET $405kPakistan
2022
PRODUCT COMPLEXITY IN Rapeseed-0.31Rnk 652 / 1025
2022
Imports $1.73BWorld Rnk 3 / 122
Flag Rnk 160 / 1212
2022
Origin $284M Canada
2021 - 2022
FASTEST GROWING ORIGIN $284MCanada
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.2M in Rapeseed, making it the 46th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1179th most exported product in China. The main destination of Rapeseed exports from China are: Pakistan ($984k), Japan ($156k), South Korea ($43.6k), Poland ($10.5k), and Slovenia ($6.47k).

The fastest growing export markets for Rapeseed of China between 2021 and 2022 were Pakistan ($405k), Japan ($51k), and Poland ($10.5k).

Imports In 2022, China imported $1.73B in Rapeseed, becoming the 3rd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 160th most imported product in China. China imports Rapeseed primarily from: Canada ($1.68B), Russia ($38.3M), Mongolia ($14.1M), United States ($41.1k), and Japan ($17.4k).

The fastest growing import markets in Rapeseed for China between 2021 and 2022 were Canada ($284M), Russia ($21.1M), and Mongolia ($11.8M).

Latest Trends

September 2024

About

Overview In September 2024 China's Rapeseed exports accounted up to $289k and imports accounted up to $433M, resulting in a negative trade balance of $433M. Between July 2022 and September 2024 the exports of China's   Rapeseed have increased by $270k (1.38k%) from $19.6k to $289k, while imports increased by $221M (104%) from $212M to $433M.

Destinations In September 2024, Rapeseed were exported mostly to Pakistan ($266k) and South Korea ($23.5k), and were imported mostly from Canada ($420M), Russia ($10.8M), and Mongolia ($2.06M).

Growth In September 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from Canada ($318M or 239%) and Russia ($25.7M or 7.77k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - September 2024)$270k(1.38k%)
IMPORT GROWTH (September 2023 - September 2024)$221M(104%)
MAIN EXPORTER (September 2024)Hubei Province$266k
MAIN DESTINATION (September 2024)Pakistan$266k

This section shows Rapeseed'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2M
IMPORTS (2022)$1.73B
NET TRADE (2022)-$1.73B

In 2022, China exported $1.2M in Rapeseed. The main destinations of China exports on Rapeseed were Pakistan ($984k), Japan ($156k), South Korea ($43.6k), Poland ($10.5k), and Slovenia ($6.47k).

In 2022, China imported $1.73B in Rapeseed, mainly from Canada ($1.68B), Russia ($38.3M), Mongolia ($14.1M), United States ($41.1k), and Japan ($17.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR China WERE (2021 - 2022):
Pakistan$405k (70%)
Japan$51k (48.7%)
Poland$10.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY China WERE (2021 - 2022):
Nepal-$988k (-100%)
Netherlands-$10.8k (-97.1%)
Saudi Arabia-$5.94k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rapeseed were:
Australia $5.3B
Canada $4.38B
Ukraine $1.55B
In 2022, China's main importing competitors in Rapeseed were:
Germany $3.9B
Japan $1.78B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPakistan+ $569k
TOP IMPORT POTENTIALRussia+ $17.8M

Rapeseed’s highest export potential is Pakistan. With an export gap of $569k.   Rapeseed’s highest import potential is Russia with an import gap of $17.8M.

See methodology.

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