Rapeseed OilRape, colza or mustard oil and their fractions; whether or not refined, but not chemically modified
1514 (Harmonized System 1992 for 4-digit)
2021 World Trade: $12.3B, Rnk 312 / 1217
2021 Top Exporter | Top Importer: $4.23B | $2.89B, Canada | United States
2021 Product Complexity: 0.24, Rnk 475 / 1024
2020 - 2021 Export Growth (CAGR): 55.1%, Rnk 84 / 1217
2018 Mean Tariff: 11.9%, Rnk 309 / 1259
2021 Share of World Trade: 0.059%, Rnk 312 / 1217
Overview This page contains the latest trade data of Rapeseed Oil. In 2021, Rapeseed Oil were the world's 312th most traded product, with a total trade of $12.3B. Between 2020 and 2021 the exports of Rapeseed Oil grew by 55.1%, from $7.94B to $12.3B. Trade in Rapeseed Oil represent 0.059% of total world trade.
Rapeseed Oil are a part of Animal or vegetable fats, oils, & waxes. They include Canola, rape, colza or mustard oil, crude and Canola, rape, colza or mustard oil, fractions, refine.
Exports In 2021 the top exporters of Rapeseed Oil were Canada ($4.23B), Germany ($1.67B), Russia ($973M), France ($689M), and Belgium ($648M).
Imports In 2021 the top importers of Rapeseed Oil were United States ($2.89B), China ($2.11B), Netherlands ($1.45B), Belgium ($783M), and Norway ($736M).
Tariffs In 2018 the average tariff for Rapeseed Oil was 11.9%, making it the 309th lowest tariff using the HS4 product classification.
Ranking Rapeseed Oil ranks 475th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Rapeseed Oil. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Canada, $4.23B
Top Destination (2021): United States, $2.89B
Rapeseed Oil are the world's 312th most traded product.
In 2021, the top exporters of Rapeseed Oil were Canada ($4.23B), Germany ($1.67B), Russia ($973M), France ($689M), and Belgium ($648M).
In 2021, the top importers of Rapeseed Oil were United States ($2.89B), China ($2.11B), Netherlands ($1.45B), Belgium ($783M), and Norway ($736M).
Trade by country
Top Origin Growth (2020 - 2021): Canada, $1.39B
Top Destination Growth (2020 - 2021): United States, $1.3B
Between 2020 and 2021, the exports of Rapeseed Oil grew the fastest in Canada ($1.39B), Germany ($639M), Russia ($371M), France ($318M), and Netherlands ($317M).
Between 2020 and 2021, the fastest growing importers of Rapeseed Oil were United States ($1.3B), Netherlands ($463M), China ($446M), Belgium ($417M), and Norway ($303M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Rapeseed Oil.
In 2021, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Rapeseed Oil are explained by 12 countries.
TOP NET EXPORTER (2021): Canada, $4.2B
TOP NET IMPORTER (2021): United States, $2.72B
This map shows which countries export or import more of Rapeseed Oil. Each country is colored based on the difference in exports and imports of Rapeseed Oil during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Rapeseed Oil were Canada ($4.2B), Germany ($1.19B), Russia ($797M), United Arab Emirates ($514M), and France ($438M).
In 2021, the countries that had a largest trade value in imports than in exports of Rapeseed Oil were United States ($2.72B), China ($2.11B), Netherlands ($822M), Norway ($736M), and Mexico ($339M).
In 2021, the world most traded Rapeseed Oil, disaggragated by their HS6 level were Canola, rape, colza or mustard oil,... ($6.57B) and Canola, rape, colza or mustard oil,... ($5.75B)
This visualization shows the countries that have an important ratio of their trade related to Rapeseed Oil. It is possible to select the main countries that export or import Rapeseed Oil in the world, or by continent, as well as select the measure of interest.
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.
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