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Meal from other oilseeds: top exporters and importers (2024)

In 2024, world trade in meal from other oilseeds totaled $10.5 billion (37.8 million tonnes). The top exporters were Canada (19%), Indonesia (18%) and Ukraine (10%); the top importers were China (20%), the United States (13%) and the Netherlands (6%). Compared with 2019, the value rose 43%.

Summary

World trade
$10.5billion
Tonnes
37.8million tonnes
Price per tonne
$270
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Canada$2 billion · 19.1%
  2. Indonesia$1.9 billion · 18.2%
  3. Ukraine$1.1 billion · 10.2%
  4. Russia$693 million · 6.6%
  5. India$554 million · 5.3%
  6. Germany$468 million · 4.5%
  7. Malaysia$438 million · 4.2%
  8. Belgium$303 million · 2.9%
    re-exports
  9. Netherlands$273 million · 2.6%
    re-exports
  10. Argentina$271 million · 2.6%
  11. Poland$210 million · 2%
  12. United Arab Emirates$204 million · 1.9%
  13. Hungary$195 million · 1.9%
  14. Bulgaria$182 million · 1.7%
  15. France$157 million · 1.5%
  16. Romania$149 million · 1.4%
  17. Czechia$109 million · 1%
  18. Kazakhstan$95 million · 0.91%
  19. Latvia$88 million · 0.83%
  20. Philippines$75 million · 0.72%

Top importers

  1. China$2.1 billion · 20.2%
  2. United States$1.3 billion · 12.7%
  3. Netherlands$578 million · 5.5%
    re-exports
  4. Italy$501 million · 4.8%
  5. France$487 million · 4.6%
  6. Turkey$428 million · 4.1%
  7. South Korea$390 million · 3.7%
  8. Spain$385 million · 3.7%
  9. Germany$385 million · 3.7%
  10. New Zealand$378 million · 3.6%
  11. Japan$367 million · 3.5%
  12. United Kingdom$310 million · 3%
  13. Thailand$181 million · 1.7%
  14. Denmark$178 million · 1.7%
  15. Poland$172 million · 1.6%
  16. Vietnam$167 million · 1.6%
  17. Bangladesh$159 million · 1.5%
  18. Israel$156 million · 1.5%
  19. Morocco$147 million · 1.4%
  20. Ireland$145 million · 1.4%

Trend

Who sells it

Canada has been the top exporter since 2024

Value in USD billions. The five largest exporters in 2024.

  • Canada 2
  • Indonesia 1.9
  • Ukraine 1.1
  • Russia 0.69
  • India 0.55

Source: CEPII BACI

Show the numbers
Country19952024
Canada0.172
Indonesia0.11.9
Ukraine< 0.011.1
Russia< 0.010.69
India0.160.55

Price

Implied price

The price per tonne rose 119% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $270

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$123
1996$147
1997$147
1998$113
1999$91
2000$97
2001$105
2002$107
2003$118
2004$137
2005$116
2006$115
2007$166
2008$228
2009$174
2010$187
2011$227
2012$235
2013$279
2014$270
2015$214
2016$198
2017$190
2018$215
2019$204
2020$223
2021$288
2022$312
2023$306
2024$270

What it includes

  • 2306 · Meal from other oilseeds

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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