In 2023, Brazil dominated the global oilseeds export market with a 43.15% share, followed by the United States at 24.46%. Canada, Paraguay, and Ukraine also contributed significantly, though their shares were much smaller. Brazil's export volume increased by 2.03% year-over-year, reflecting its strengthening position. The United States saw an increase of 0.79%, whereas Canada experienced a 1.26% rise. Challenges were noted for countries like Argentina and Indonesia, which had declines of 0.58% and 1.12% respectively. Emerging significant growth was observed in countries like Russia and Nigeria, with increases of 3.26% and 11.84% respectively. Countries with broader downward trends include Poland and Sri Lanka with -8.59% and -9.8% respectively.
Future trends to watch in the global oilseeds export market include the potential for further expansion in Brazil and the United States. Additionally, emerging exporters such as Russia and Nigeria may continue to grow rapidly if they sustain favorable conditions and market strategies. Environmental policies and shifts in global demand will likely play critical roles in shaping the landscape of oilseed exports.
Top countries in Oilseeds Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 43.15 | 2023 | +3.08% | +2.03% | View data |
| 2 | 2 United States | 24.46 | 2023 | -0.22% | +0.79% | View data |
| 3 | 3 Canada | 8.12 | 2023 | +1.05% | +1.26% | View data |
| 4 | 4 Paraguay | 3.05 | 2023 | +1.47% | +1.51% | View data |
| 5 | 5 Ukraine | 2.44 | 2023 | +1.59% | +1.86% | View data |
| 6 | 6 Argentina | 1.94 | 2023 | -6.78% | -0.58% | View data |
| 7 | 7 Romania | 1.6 | 2023 | +1.9% | +1.87% | View data |
| 8 | 8 Netherlands | 1.3 | 2023 | +0.65% | +1.24% | View data |
| 9 | 9 Australia | 1.17 | 2023 | -0.94% | +0.58% | View data |
| 10 | 10 Russia | 1.14 | 2023 | +3.9% | +3.26% | View data |
