HS Icon Rapeseed

1205 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Rapeseed. In 2019, Rapeseed were the world's 341st most traded product, with a total trade of $9.04B. Between 2018 and 2019 the exports of Rapeseed decreased by -14%, from $10.5B to $9.04B. Trade in Rapeseed represent 0.05% of total world trade.

Exports: In 2019 the top exporters of Rapeseed  were Canada ($3.23B), Ukraine ($1.37B), France ($804M), Australia ($697M), and Hungary ($372M).

Imports: In 2019 the top importers of Rapeseed were Germany ($2.39B), Japan ($910M), Belgium ($826M), China ($787M), and Netherlands ($630M).

Tariffs: In 2018 the average tariff for Rapeseed was 6.2%, making it the 680th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rapeseed are Slovakia (43.8%), Czechia (43.8%), Bahamas (31.2%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Armenia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Rapeseed ranks 619th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Canada, $3.23B

Top Destination (2019): Germany, $2.39B

Rapeseed are the world's 341st most traded product.

In 2019, the top exporters of Rapeseed were Canada ($3.23B), Ukraine ($1.37B), France ($804M), Australia ($697M), and Hungary ($372M).

In 2019, the top importers of Rapeseed were Germany ($2.39B), Japan ($910M), Belgium ($826M), China ($787M), and Netherlands ($630M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ukraine, $356M

Top Destination Growth (2018 - 2019): Netherlands, $306M

Between 2018 and 2019, the exports of Rapeseed grew the fastest in Ukraine ($356M), Hungary ($71.3M), Latvia ($65.6M), France ($61M), and Czechia ($44.2M).

Between 2018 and 2019, the fastest growing importers of Rapeseed were Netherlands ($306M), United Kingdom ($74M), Bangladesh ($50.5M), Germany ($35.8M), and Pakistan ($35.2M).

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Market Concentration

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Cumulative market share

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

In 2019,  market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Rapeseed are explained by 11 countries.

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TOP NET EXPORTER (2019): Canada, $3.11B

TOP NET IMPORTER (2019): Germany, $2.26B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Rapeseed were Canada ($3.11B), Ukraine ($1.33B), Australia ($691M), Hungary ($322M), and France ($269M).

In 2019, the countries that had a largest trade value in imports than in exports of Rapeseed were Germany ($2.26B), Japan ($892M), China ($787M), Belgium ($687M), and Mexico ($401M).

Disaggregation

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Value

In 2019, the world most traded Rapeseed, disaggragated by their HS6 level were Rape or colza seeds ($9.04B)

Import Tariffs

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In 2018, the average tariff for importing Rapeseed was 6.2%. The countries with the highest tariffs for importing Rapeseed were Slovakia (43.8%), Czechia (43.8%), Bahamas (31.2%), Cameroon (29.4%), and Gabon (29.4%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.