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According to the latest news from Sina Finance, on May 18, Canada's Minister of Trade and Agriculture issued a statement saying: Canada has learned that China has resumed market access for two Canadian companies, Vitera Viterra and Richardson International.

Canada welcomes this decision.

China has revoked the export licenses of Canadian rapeseed exporters including Vitera and Richardson since March 2065438+2009 due to the discovery of harmful substances in rapeseed shipment.

Data show that the annual consumption of edible oil in China is about 30 million tons, of which the consumption of rapeseed oil is about 6 million tons. However, due to the limited domestic rapeseed production, it is necessary to import about 5 million tons of rapeseed products every year to supplement it. The main source of imports is Canada.

Canada is the largest producer and exporter of rapeseed in the world. As many as 43,000 farms in China mainly grow rapeseed. Canada produces about15.5 million tons of rapeseed every year. Sino-Canadian rapeseed trade is the core commodity of Canada's trade with China.

According to the data given by Richardson International Co., Ltd., Canada's largest grain processor, before the export to China was restricted, the export of Canadian rapeseed products to China in 20 18 exceeded 4 billion Canadian dollars, about 20.79 billion RMB, accounting for more than 15% of Canada's total export to China.

Since then, Canada has been complaining about relevant issues to the WTO, but it has been unsuccessful.

The sudden resumption of market access by two Canadian rapeseed exporters is believed to be related to the rise in domestic edible oil prices.

In fact, we read more information and found that as early as 202 1, with the increase of international food prices, China's import restrictions on Canadian rapeseed commodities have been relaxed.

2002/KLOC-Statistics of China's Grain Imports by Country in October/May

According to the data, Canada is the world's largest exporter of rapeseed products in 20021China. Although the total import volume can't be compared with that before 20 19, rapeseed, rapeseed oil and rapeseed meal still occupy the first place in the import volume of similar commodities in China in that year.

According to the specific import data, China imported 2.44 million tons of Canadian rapeseed in 20021year, accounting for more than 20% of Canada's total export in that year and 92% of China's total rapeseed import. Rapeseed oil is 9 10000 tons, accounting for about 42% of China's total imports; Rapeseed meal is 6.5438+0.58 million tons, accounting for 77.6% of the total import.

According to unconfirmed information, rapeseed oil and rapeseed meal imported from UAE in those two years were basically processed from Canadian rapeseed.

With Ukrainian sunflower oil export blocked, Indonesia suspended palm oil export, and the international vegetable oil price rose to a historical high.

As the largest edible oil consumer in the world, China needs to import about 80% of its edible oil.

In addition to direct palm oil imports, it also includes more than 90 million tons of soybean imports every year, which can provide about 20 million tons of soybean oil consumption and imports of rapeseed and rapeseed oil.