• Which countries produce vegetable oil?
  • China, the European Union, Canada, and Ukraine each produce between 20 to 32 Mt. The vegetable oil aggregate in this OECD-FAO Agricultural Outlook includes oil obtained from the crushing of oilseeds (about 55% of world vegetable oil production) and palm oil (36%), as well as palm kernel, coconut and cottonseed oils (Figure 4.1).
  • What is the role of oilseeds in World Trade?
  • Minor oil crops: Some of the oilseeds have little share in world trade but they have key role in local markets through provision of raw materials for special products like linseed, castor, safflower, and tung nut. Many of the oilseeds are used for both human and animal consumptions.
  • Where are oil crops grown?
  • Oil crops are grown in the different corners of the world, depending on the agroclimatic conditions and are an essential part of agribusiness and international trade of many economies (Sharma et al. 2012 ). The oilseed demand is rising due to the persistent increase in population in the world.
  • How oil crops are being used by World consumers?
  • In some ways or other, oil crops or its by-products are being used by whole world consumer. For instance, over 60% of soy and 75% of the palm oil production are exported and made the soy complex more valuable commodity than wheat in global agricultural market while oil palm stood at third place.
  • How has oil crop production changed over the last 30 years?
  • Over the last 30?years, the oil crop production in the world increased 240%, while the increase in area and in yield was 82 and 48%, respectively. The main oilseed produced in the world is the soybean whereby it represents more than 50% of total oil crop production in the world.
  • What are the major oil crops in the world?
  • Total export of oilseed during 2014¨C2018 The major oil crops in the global trade include coconut, corn, cotton, groundnut, oil palm, olive, perennial tree crops, rapeseed, soybean, and sunflower. The soybean crop has a significant share among other oil crops in the international trade followed by rapeseed, sunflower and mustard, and groundnut.