In 2024, Canada leads global rapeseed exports with 44.4 thousand metric tons, despite a 4.01% decline from 2023. Australia, with 24.86 thousand metric tons, saw significant growth at 22.35%. Ukraine follows with 21.61 thousand metric tons, marking a 7.92% increase. Conversely, Russia and the United States experienced declines at 2.28% and 0.11%, respectively. Smaller exporters like Kazakhstan and Paraguay faced notable drops at 27.87% and 31.01%. These variations reflect changing dynamics in global rapeseed markets.
Future trends to watch include:
- Australia's continued growth trajectory as it diversifies crops.
- Ukraine's strategic positioning in Europe, influencing local markets.
- Potential shifts in demand or policy affecting Canada's export dominance.
Top countries in Rapeseed Export Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 44.4 | 2023 | -5.71% | -4.01% | View data |
| 2 | 2 Australia | 24.86 | 2023 | -37.31% | +22.35% | View data |
| 3 | 3 Ukraine | 21.61 | 2023 | +6.69% | +7.92% | View data |
| 4 | 4 Russia | 2.96 | 2023 | -33.33% | -2.28% | View data |
| 5 | 5 United States | 1.07 | 2023 | +20.81% | -0.11% | View data |
| 6 | 6 Moldova | 0.38 | 2023 | -18.75% | -0.3% | View data |
| 7 | 7 Kazakhstan | 0.15 | 2023 | -53.7% | -27.87% | View data |
| 8 | 8 Argentina | 0.089 | 2023 | 0% | 0% | View data |
| 9 | 9 Paraguay | 0.03 | 2023 | -50% | -31.01% | View data |
| 10 | 10 Chile | 0.03 | 2023 | -54.55% | -6.51% | View data |