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Pricing

Rape or colza seeds; whether or not broken

1205 (Harmonized System 1992 for 4-digit)

2023
World Trade $15.4BRnk 265 / 1217
2023
Top Exporter | Top Importer $4.57B | $3.36BCanada | Germany
2023
Product Complexity -0.046Rnk 590 / 1044
2022 - 2023
Export Growth (CAGR) -5.66%Rnk 581 / 1217
2023
Share of World Trade 0.068%Rnk 265 / 1217

About

Overview This page contains the latest trade data of Rapeseed. In 2023, Rapeseed were the world's 265th most traded product, with a total trade of $15.4B. Between 2022 and 2023 the exports of Rapeseed decreased by -5.66%, from $16.4B to $15.4B. Trade in Rapeseed represent 0.068% of total world trade.

Rapeseed are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Rape or colza seeds.

Exports In 2023 the top exporters of Rapeseed  were Canada ($4.57B), Australia ($4.03B), Romania ($1.49B), Ukraine ($1.2B), and France ($870M).

Imports In 2023 the top importers of Rapeseed were Germany ($3.36B), China ($3.27B), Japan ($1.29B), Belgium ($1.28B), and France ($856M).

Ranking Rapeseed ranks 590th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rapeseed. 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$4.57B
Top Destination (2023)Germany$3.36B

In 2023 Rapeseed were the world's 265th most traded product (out of 1,217).

In 2023, the top exporters of Rapeseed were Canada ($4.57B), Australia ($4.03B), Romania ($1.49B), Ukraine ($1.2B), and France ($870M).

In 2023, the top importers of Rapeseed were Germany ($3.36B), China ($3.27B), Japan ($1.29B), Belgium ($1.28B), and France ($856M).

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Exporters of Rapeseed (2023)
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Importers of Rapeseed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$646M
Top Destination Growth (2022 -  2023)China$1.63B

Between 2022 and 2023, the exports of Rapeseed grew the fastest in Romania ($646M), Canada ($392M), Poland ($236M), Russia ($144M), and Uruguay ($67.7M).

Between 2022 and 2023, the fastest growing importers of Rapeseed were China ($1.63B), Pakistan ($521M), Belgium ($341M), Canada ($122M), and Greece ($30.7M).

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Exporters of Rapeseed (2022 - 2023)

Importers of Rapeseed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rapeseed.

In 2023, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Rapeseed are explained by 9 countries.

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Value of Exports in Rapeseed

Net Trade

TOP NET EXPORTER (2023)Canada$4.33B
TOP NET IMPORTER (2023)China$3.27B

This map shows which countries export or import more of Rapeseed. Each country is colored based on the difference in exports and imports of Rapeseed during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rapeseed were Canada ($4.33B), Australia ($4.03B), Romania ($1.27B), Ukraine ($1.16B), and Poland ($302M).

In 2023, the countries that had a largest trade value in imports than in exports of Rapeseed were China ($3.27B), Germany ($3.17B), Japan ($1.29B), Belgium ($1.2B), and Pakistan ($756M).

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 Rapeseed.
It is possible to select the main countries that export or import Rapeseed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rapeseed by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $104M
TOP IMPORT POTENTIALAustralia+ $2.24M

Rapeseed’s highest export potential is United States. With an export gap of $104M.  Rapeseed’s highest import potential is Australia with an import gap of $2.24M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Rapeseed.

Country by Relatedness

The following visualization shows the relatedness of Rapeseed to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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