The volume of canola oil exported by Italy in 2020 was 9,800 tonnes. In 2019 Italy shipped 3,841 tonnes of canola oil. For the year 2019 alone, the interest in Italy canola oil (processed category) has shrunk, recording a change of -53.295 percent compared to the year 2018. Between 2017 and 2019, canola oil's exports reduced by -41.87 percent netting Italy US$6.74m for the year 2019. Italy's canola oil exports are classified as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
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Italia olio di canola export values
In 2019, Italy shipped canola oil worth 6.74m USD, a reduction of -51.19% from 2018's total canola oil export of 13.809m USD. The annual reduction in value of Italy canola oil between 2017 to 2018 was 15.576 pc.
The annual/yearly change in the quantity of Italy's canola oil exports between 2017 and 2019 was -41.87 pc compared to a variation of -53.295% in the period between 2018 and 2019.
Italy's share of the world's total canola oil's exports in 2019 was less than 1%. Italy holds position 47 in world exports of canola oil.
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Export markets for Italia olio di canola ( in '000$ )
Italy's best performing destinations for canola oil are Sweden, France, the Netherlands, South Korea and United Kingdom (UK).
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Import/Export Trends
Italy is a net importer of canola oil. The annual growth of Italy canola oil in value between 2015 to 2019 was -2%, per annum, while annual growth in quantity during the same period was -10%, per annum.
Italy brought in 67,881 tonnes of canola oil in 2019.
