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The European Union remains the world's largest producer and consumer of rapeseed oil, followed by China in second place. China cannot meet its full demand through domestic production alone and therefore relies on imports. However, these imports have become more difficult due to the trade dispute with Canada.
The US Department of Agriculture (USDA) estimates that global rapeseed oil production in the 2025/2026 season will reach around 35.1 million tonnes, an increase of roughly 1.4 million tonnes over the previous season. The European Union is the largest consumer, with consumption of just under 10.1 million tonnes, followed by China with 9.9 million tonnes, and then India with 4.1 million tonnes.
The United States is the largest importer of rapeseed oil, bringing in 3.0 million tonnes, part of which is earmarked for biofuel production. While EU member states are nearly self-sufficient in rapeseed oil, China imports 2.2 million tonnes.
While the United States settled its trade dispute with Canada, the world's largest exporter of canola oil, as part of its biofuel policy, the trade conflict between China and Canada continues. In March 2025, China imposed a 100% import tariff on Canadian canola oil in retaliation for tariffs Canada imposed on imports of Chinese electric vehicles in the summer of 2024. This forced China to import canola oil from other countries, leading to significant shifts in trade flows.
Source: Oil World