Total export value (2024): CAD $4.9 billion
Market profile
Top market for canola seed
Largest vegetable oil consumer in the world
Total annual vegetable oil consumption for food use (2024): 38.3 MMT
Consumption of Canadian canola (2024)
Seed: 5.9 MMT, valued at CAD $4.0 billion
Oil: 15,351 MT, valued at CAD $20.6 million
Meal: 2.0 MMT, valued at CAD $918 million
Market trends
After a three-year market disruption (from 2019-2022), seed imports returned to more normal levels.
Canola meal imports have increased significantly over the past decade.
Economic benefits of importing Canadian canola
USD $3.6 billion of economic activity/year
16,150 jobs in China
MT = metric tonnes
MMT = million metric tonnes
Sources: GlobalData; Statistics Canada, Canadian International Merchandise Trade Database; The Economic Impact of Canadian-Grown Canola on the Chinese Economy (LMC International, December 2013)
