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Rapeseed and mustard oil: top exporters and importers (2024)

In 2024, world trade in rapeseed and mustard oil totaled $11.9 billion (10.5 million tonnes). The top exporters were Canada (37%), Germany (11%) and Russia (10%); the top importers were the United States (36%), China (15%) and the Netherlands (9%). Compared with 2019, the value rose 74%.

Summary

World trade
$11.9billion
Tonnes
10.5million tonnes
Price per tonne
$1,129
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Canada$4.4 billion · 36.8%
  2. Germany$1.3 billion · 10.9%
  3. Russia$1.2 billion · 9.8%
  4. France$678 million · 5.7%
  5. Netherlands$551 million · 4.7%
    re-exports
  6. United Arab Emirates$523 million · 4.4%
  7. Belgium$498 million · 4.2%
    re-exports
  8. Belarus$491 million · 4.1%
  9. Czechia$354 million · 3%
  10. Ukraine$272 million · 2.3%
  11. Australia$255 million · 2.2%
  12. Denmark$160 million · 1.4%
  13. Poland$152 million · 1.3%
  14. Malaysia$98 million · 0.82%
  15. Estonia$91 million · 0.76%
  16. United States$85 million · 0.71%
  17. Austria$66 million · 0.55%
  18. Romania$63 million · 0.54%
  19. Kazakhstan$60 million · 0.51%
  20. Paraguay$56 million · 0.47%

Top importers

  1. United States$4.3 billion · 35.9%
  2. China$1.8 billion · 15.3%
  3. Netherlands$1.1 billion · 9.5%
    re-exports
  4. Belgium$564 million · 4.8%
    re-exports
  5. Norway$500 million · 4.2%
  6. Germany$470 million · 4%
  7. Sweden$262 million · 2.2%
  8. Mexico$248 million · 2.1%
  9. United Kingdom$218 million · 1.8%
  10. Poland$194 million · 1.6%
  11. France$192 million · 1.6%
  12. Austria$187 million · 1.6%
  13. Spain$165 million · 1.4%
  14. South Korea$140 million · 1.2%
  15. Italy$135 million · 1.1%
  16. Israel$119 million · 1%
  17. Malaysia$95 million · 0.8%
  18. New Zealand$87 million · 0.73%
  19. Latvia$84 million · 0.71%
  20. Chile$78 million · 0.66%

Trend

Who sells it

Canada has been the top exporter since 2003

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

  • Canada 4.4
  • Germany 1.3
  • Russia 1.2
  • France 0.68
  • Netherlands 0.55

Source: CEPII BACI

Show the numbers
Country19952024
Canada0.334.4
Germany0.581.3
Russia< 0.011.2
France0.140.68
Netherlands0.240.55

Price

Implied price

The price per tonne rose 53% since 1995

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

  • 2024: $1,129

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$736
1996$644
1997$595
1998$726
1999$553
2000$458
2001$435
2002$532
2003$719
2004$734
2005$729
2006$769
2007$928
2008$1,299
2009$985
2010$971
2011$1,311
2012$1,269
2013$1,200
2014$1,004
2015$844
2016$870
2017$919
2018$892
2019$861
2020$901
2021$1,280
2022$1,679
2023$1,315
2024$1,129

What it includes

  • 1514 · Rapeseed and mustard oil

Products in the same chapter

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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