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151490 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.66BRnk 583 / 4648
2022
Top Exporter | Top Importer $3.3B | $3.08BCanada | United States
2022
Product Complexity 0.68Rnk 1320 / 4653
2021 - 2022
Export Growth (CAGR) 15.8%Rnk 1051 / 4648
2022
Share of World Trade 0.028%Rnk 583 / 4648

About

Overview This page contains the latest trade data of Canola, rape, colza or mustard oil, fractions, refine. In 2022, Canola, rape, colza or mustard oil, fractions, refine were the world's 583rd most traded product, with a total trade of $6.66B. Between 2021 and 2022 the exports of Canola, rape, colza or mustard oil, fractions, refine grew by 15.8%, from $5.75B to $6.66B. 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 2022 the top exporters of Canola, rape, colza or mustard oil, fractions, refine  were Canada ($3.3B), Germany ($1.03B), Belgium ($352M), Netherlands ($264M), and Czechia ($212M).

Imports In 2022 the top importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($3.08B), Netherlands ($662M), Mexico ($285M), Belgium ($260M), and Germany ($246M).

Ranking Canola, rape, colza or mustard oil, fractions, refine ranks 1320th in the Product Complexity Index (PCI).

Description -

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 (2022)Canada$3.3B
Top Destination (2022)United States$3.08B

In 2022 Canola, rape, colza or mustard oil, fractions, refine were the world's 583rd most traded product (out of 4,648).

In 2022, the top exporters of Canola, rape, colza or mustard oil, fractions, refine were Canada ($3.3B), Germany ($1.03B), Belgium ($352M), Netherlands ($264M), and Czechia ($212M).

In 2022, the top importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($3.08B), Netherlands ($662M), Mexico ($285M), Belgium ($260M), and Germany ($246M).

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Exporters of Canola, rape, colza or mustard oil, fractions, refine (2022)
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Importers of Canola, rape, colza or mustard oil, fractions, refine (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$677M
Top Destination Growth (2021 -  2022)United States$749M

Between 2021 and 2022, the exports of Canola, rape, colza or mustard oil, fractions, refine grew the fastest in Canada ($677M), Netherlands ($79.1M), Germany ($53.6M), France ($38.8M), and Spain ($34.6M).

Between 2021 and 2022, the fastest growing importers of Canola, rape, colza or mustard oil, fractions, refine were United States ($749M), Belgium ($58.4M), Poland ($58.4M), United Kingdom ($48.5M), and Germany ($44.1M).

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Exporters of Canola, rape, colza or mustard oil, fractions, refine (2021 - 2022)

Importers of Canola, rape, colza or mustard oil, fractions, refine (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.98. This means that most of the exports of Canola, rape, colza or mustard oil, fractions, refine are explained by 7 countries.

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

Net Trade

TOP NET EXPORTER (2022)Canada$3.25B
TOP NET IMPORTER (2022)United States$2.98B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Canola, rape, colza or mustard oil, fractions, refine were Canada ($3.25B), Germany ($783M), Czechia ($152M), United Arab Emirates ($128M), and Belgium ($91.9M).

In 2022, 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 ($2.98B), Netherlands ($398M), Mexico ($277M), Israel ($131M), and Poland ($125M).

Net Trade (2022)

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 (2022)

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