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120510 (Harmonized System 2002 for 6-digit)

2023
World Trade $14.4BRnk 245 / 4940
2023
Top Exporter | Top Importer $4.59B | $3.15BCanada | Germany
2023
Product Complexity 0.24Rnk 2268 / 4951
2022 - 2023
Export Growth (CAGR) -8.7%Rnk 2715 / 4940
2023
Share of World Trade 0.064%Rnk 245 / 4940

About

Overview This page contains the latest trade data of Oil seeds: low erucic acid rape or colza seeds, whether or not broken. In 2023, Oil seeds: low erucic acid rape or colza seeds, whether or not broken were the world's 245th most traded product, with a total trade of $14.4B. Between 2022 and 2023 the exports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken decreased by -8.7%, from $15.8B to $14.4B. Trade in Oil seeds: low erucic acid rape or colza seeds, whether or not broken represent 0.064% of total world trade.

Oil seeds: low erucic acid rape or colza seeds, whether or not broken are a part of Rape or colza seeds; whether or not broken.

Exports In 2023 the top exporters of Oil seeds: low erucic acid rape or colza seeds, whether or not broken  were Canada ($4.59B), Australia ($3.97B), Romania ($1.14B), Ukraine ($1.09B), and France ($833M).

Imports In 2023 the top importers of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were Germany ($3.15B), China ($3.03B), Japan ($1.29B), Belgium ($974M), and France ($816M).

Ranking Oil seeds: low erucic acid rape or colza seeds, whether or not broken ranks 2268th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Oil seeds: low erucic acid rape or colza seeds, whether or not broken. 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$4.59B
Top Destination (2023)Germany$3.15B

In 2023 Oil seeds: low erucic acid rape or colza seeds, whether or not broken were the world's 245th most traded product (out of 4,940).

In 2023, the top exporters of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were Canada ($4.59B), Australia ($3.97B), Romania ($1.14B), Ukraine ($1.09B), and France ($833M).

In 2023, the top importers of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were Germany ($3.15B), China ($3.03B), Japan ($1.29B), Belgium ($974M), and France ($816M).

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Exporters of Oil seeds: low erucic acid rape or colza seeds, whether or not broken (2023)
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Importers of Oil seeds: low erucic acid rape or colza seeds, whether or not broken (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$359M
Top Destination Growth (2022 -  2023)China$1.46B

Between 2022 and 2023, the exports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken grew the fastest in Romania ($359M), Canada ($320M), Poland ($185M), Uruguay ($105M), and Moldova ($43.3M).

Between 2022 and 2023, the fastest growing importers of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were China ($1.46B), Pakistan ($383M), Canada ($117M), Bangladesh ($33.9M), and Greece ($31.8M).

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Exporters of Oil seeds: low erucic acid rape or colza seeds, whether or not broken (2022 - 2023)

Importers of Oil seeds: low erucic acid rape or colza seeds, whether or not broken (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken.

In 2023, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken are explained by 8 countries.

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Value of Exports in Oil seeds: low erucic acid rape or colza seeds, whether or not broken

Net Trade

TOP NET EXPORTER (2023)Canada$4.36B
TOP NET IMPORTER (2023)China$3.03B

This map shows which countries export or import more of Oil seeds: low erucic acid rape or colza seeds, whether or not broken. Each country is colored based on the difference in exports and imports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were Canada ($4.36B), Australia ($3.97B), Ukraine ($1.04B), Romania ($966M), and Lithuania ($232M).

In 2023, the countries that had a largest trade value in imports than in exports of Oil seeds: low erucic acid rape or colza seeds, whether or not broken were China ($3.03B), Germany ($2.97B), Japan ($1.29B), Belgium ($876M), and United Arab Emirates ($572M).

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 Oil seeds: low erucic acid rape or colza seeds, whether or not broken.
It is possible to select the main countries that export or import Oil seeds: low erucic acid rape or colza seeds, whether or not broken in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Oil seeds: low erucic acid rape or colza seeds, whether or not broken 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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