What is the price of rapeseeds (canola) per kilogram/pound in Vietnam today?
The retail price range for Vietnam rapeseeds (canola) is between US$ 1.43 and US$ 2.39 per kilogram or between US$ 0.65 and US$ 1.08 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Vietnam
The retail price range in Dong for rapeseeds (canola) is between VND 35,812.50 and VND 59,687.50 per kilogram or between VND 16,241.50 and VND 27,069.16 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam rapeseeds (canola) is between US$ 1.00 and US$ 1.67 per kilogram or between US$ 0.45 and US$ 0.76 per pound(lb).
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Vietnam Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Vietnam has seen a steady decline over the last five years. In 2014, the export price was 0.71 US $ per kg, which dropped to 0.66 US $ per kg in 2015. This trend continued in 2016, when the export price was 0.43 US $ per kg. In 2017, the export price increased to 0.70 US $ per kg, but then dropped again in 2018 to 0.42 US $ per kg. The export price then rose to 0.86 US $ per kg in 2019 and 0.94 US $ per kg in 2020. Based on this trend, it is predicted that the export price of Rapeseeds (Canola) from Vietnam will be 0.77 US $ per kg in 2023 and 0.64 US $ per kg in 2024.Vietnam Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into Vietnam over the last five years has been quite volatile. In 2014, the price was 0.71 US dollars per kg, which dropped to 0.66 US dollars per kg in 2015. This was followed by a significant decrease in 2016, when the price fell to 0.43 US dollars per kg. In 2017, the price rose to 0.7 US dollars per kg, before dropping again to 0.42 US dollars per kg in 2018. The price then increased to 0.86 US dollars per kg in 2019, before reaching its highest point of 0.94 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Rapeseeds (Canola) into Vietnam will remain relatively stable in the next few years, with prices predicted to be around 0.90 US dollars per kg in 2023 and 0.92 US dollars per kg in 2024.Export values for Vietnam rapeseeds (canola)
The total values in export for rapeseeds (canola) in Vietnam were US$ 209, US$ 412, US$ 321 and US$ 3 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Vietnam: Linseed (Flax), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of rapeseeds (canola) in other countries across Asia: Kazakhstan rapeseeds (canola), Kyrgyzstan rapeseeds (canola), Tajikistan rapeseeds (canola), Turkmenistan rapeseeds (canola), Uzbekistan rapeseeds (canola), China rapeseeds (canola), Hong Kong rapeseeds (canola), Macao rapeseeds (canola), North Korea rapeseeds (canola) & Mongolia rapeseeds (canola).
Vietnam rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 7 tonnes of rapeseeds (canola). Through 2019 alone, the interest in Vietnam rapeseeds (canola) (oil seeds category) has decreased, flactuating by -99.084 pc compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went down by -99.25 pc bringing Vietnam US$0.00m for the year 2019. Vietnam's rapeseeds (canola) exports are classified as:
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- Rape or colza seeds, whether or not broken (HS code 120500)
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Vietnam rapeseeds (canola) export values
In 2019, Vietnam supplied rapeseeds (canola) costing 0.00m USD, a reduction of -100.00% from 2018's total rapeseeds (canola) export of 0.321m USD. The annual change in value of Vietnam rapeseeds (canola) between 2017 to 2018 was -22.087 pc.
The per year change in the amount of Vietnam's rapeseeds (canola) exports between 2017 and 2019 was -99.25 percent in comparison to a variation of -99.084% in the period between 2018 and 2019.
Vietnam's share of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. Vietnam is ranked number 17 in world exports of rapeseeds (canola).
Export markets for Vietnam rapeseeds (canola) ( in '000$ )
Import/Export Trends
Vietnam is a net importer of rapeseeds (canola). The annual growth of Vietnam rapeseeds (canola) in value between 2015 to 2019 was -32%, per annum, while annual growth in quantity was 33%, per annum.
Vietnam bought 204 tonnes of rapeseeds (canola) in 2019.