Canada’s Exports of Rape or Colza Seed Increased by 12% in 2014

Canada dominates in the global trade of rape or colza seed. In 2014, Canada exported 9,770 thousand tonnes of rape or colza seed totaling 4,706 million USD, 12% over the previous year. Its primary trading partner was China, where it supplied 44% of its total rape or colza seed exports in value terms, accounting for 74% of China's total imports.

From 2007 to 2014, Canada was a net exporter of rape or colza seed. Over this period, exports consistently exceeded imports in value terms. In physical terms the difference was more pronounced, except for 2007 when low import prices made it more notable.

Australia and Ukraine were among the other main global suppliers of rape or colza seed in 2014. Australia (+48%) was the fastest growing exporter from 2007 to 2014 followed closely by the Netherlands (+47% per year). Australia, by virtue od this sustained growth, was able to significantly strengthen its position in the global export structure.

In addition to China, Canada's other top 4 trading partners were Japan, Mexico, the U.S. and the United Arab Emirates, with a combined 95% share of Canada's rape or colza seed exports. The share of China surged (+29 percentage points), while the share of Japan illustrated negative dynamics (-14 percentage points).

Source: World: Rape Or Colza Seed - Market Report. Analysis And Forecast To 2020