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151490 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.32BRnk 576 / 4644
2023
Top Exporter | Top Importer $3.55B | $3.44BCanada | United States
2023
Product Complexity 0.68Rnk 1326 / 4656
2022 - 2023
Export Growth (CAGR) -0.036%Rnk 1557 / 4644
2023
Share of World Trade 0.028%Rnk 576 / 4644

About

Overview This page contains the latest trade data of Canola, rape, colza or mustard oil, fractions, refine. In 2023, Canola, rape, colza or mustard oil, fractions, refine were the world's 576th most traded product, with a total trade of $6.32B. Between 2022 and 2023 the exports of Canola, rape, colza or mustard oil, fractions, refine decreased by -0.036%, from $6.32B to $6.32B. Trade in Canola, rape, colza or mustard oil, fractions, refine represent 0.028% of total world trade.

Canola, rape, colza or mustard oil, fractions, refine are a part of Rapeseed Oil.

Exports In 2023 the top exporters of Canola, rape, colza or mustard oil, fractions, refine  were Canada ($3.55B), Germany ($715M), Belgium ($360M), Netherlands ($214M), and Czechia ($186M).

Imports In 2023 the top importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($3.44B), Netherlands ($408M), Germany ($253M), Mexico ($197M), and Belgium ($194M).

Ranking Canola, rape, colza or mustard oil, fractions, refine ranks 1326th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Canola, rape, colza or mustard oil, fractions, refine. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Canada$3.55B
Top Destination (2023)United States$3.44B

In 2023 Canola, rape, colza or mustard oil, fractions, refine were the world's 576th most traded product (out of 4,644).

In 2023, the top exporters of Canola, rape, colza or mustard oil, fractions, refine were Canada ($3.55B), Germany ($715M), Belgium ($360M), Netherlands ($214M), and Czechia ($186M).

In 2023, the top importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($3.44B), Netherlands ($408M), Germany ($253M), Mexico ($197M), and Belgium ($194M).

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Exporters of Canola, rape, colza or mustard oil, fractions, refine (2023)
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Importers of Canola, rape, colza or mustard oil, fractions, refine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$348M
Top Destination Growth (2022 -  2023)United States$349M

Between 2022 and 2023, the exports of Canola, rape, colza or mustard oil, fractions, refine grew the fastest in Canada ($348M), France ($32.6M), Hungary ($27.9M), Poland ($21.8M), and Belgium ($12.4M).

Between 2022 and 2023, the fastest growing importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($349M), Germany ($66.8M), China ($35.7M), Denmark ($15.5M), and South Korea ($13.8M).

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Exporters of Canola, rape, colza or mustard oil, fractions, refine (2022 - 2023)

Importers of Canola, rape, colza or mustard oil, fractions, refine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Canola, rape, colza or mustard oil, fractions, refine.

In 2023, market concentration measured using Shannon Entropy, was 2.75. This means that most of the exports of Canola, rape, colza or mustard oil, fractions, refine are explained by 6 countries.

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Value of Exports in Canola, rape, colza or mustard oil, fractions, refine

Net Trade

TOP NET EXPORTER (2023)Canada$3.52B
TOP NET IMPORTER (2023)United States$3.35B

This map shows which countries export or import more of Canola, rape, colza or mustard oil, fractions, refine. Each country is colored based on the difference in exports and imports of Canola, rape, colza or mustard oil, fractions, refine during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Canola, rape, colza or mustard oil, fractions, refine were Canada ($3.52B), Germany ($463M), Belgium ($166M), Czechia ($151M), and Australia ($118M).

In 2023, the countries that had a largest trade value in imports than in exports of Canola, rape, colza or mustard oil, fractions, refine were United States ($3.35B), Netherlands ($194M), Mexico ($185M), Israel ($122M), and New Zealand ($100M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Canola, rape, colza or mustard oil, fractions, refine.
It is possible to select the main countries that export or import Canola, rape, colza or mustard oil, fractions, refine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Canola, rape, colza or mustard oil, fractions, refine by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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