The amount of canola oil exported by Brazil in 2020 was 580 tonnes. In 2019 Brazil shipped 346 tonnes of canola oil. Across 2019 alone, the market for Brazil canola oil (processed category) has shrunk, changing by -14.568 percent compared to the year 2018. Between 2017 and 2019, canola oil's exports reduced by -9.19 percent netting Brazil US$0.61m for the year 2019. Brazil's canola oil exports are classified as:
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
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Brasil Óleo de canola export values
In 2019, Brazil shipped canola oil worth 0.61m USD, a contraction of -19.84% from 2018's total canola oil export of 0.761m USD. The yearly reduction in value of Brazil canola oil between 2017 to 2018 was -19.043 percent.
The annual change in the quantity of Brazil's canola oil exports between 2017 and 2019 was -9.19% compared to a variation of -14.568% in the period between 2018 and 2019.
Brazil's portion of the world's total canola oil's exports in 2019 was 1.5 percent. The country holds number 13 in world exports of canola oil.
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Export markets for Brasil Óleo de canola ( in '000$ )
Brazil's best performing export markets for canola oil are Argentina, Uruguay, Peru, Guatemala and Paraguay.
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Import/Export Trends
Brazil is a net exporter of canola oil. The annual growth of Brazil canola oil in value between 2015 to 2019 was -24%, per year, while annual growth in quantity through the same period was -23%, per annum.
Brazil imported 12,843 tonnes of canola oil in 2019.
