Tung Oil Prices in Canada
| Variety | Market level | Price (US$/kg) | Local (CAD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.57 | 2.12 | ▼ 4.1% | ▼ 4.1% | UN Comtrade (unit value) |
As of June 2026, the tung oil price in Canada available is US$ 1.57 per kg (2.12 CAD), down 4.1% year-on-year.
In 2024, Canada exported 77,339 tonnes of tung oil valued at US$126.7 million, ranking #10 among 108 exporters and accounting for 1.9% of global exports, despite a 15.6% year-on-year decline. The country is a net exporter, with production reaching 18,376 tonnes (0.7% of world output) and a yield of 0.032 t/ha. The latest export unit value is US$1.57 per kg.
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Tung Oil Price History & Trend
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Production, Exports, Imports & HS Codes - tung oil in Canada
In 2024, Canada exported 77,339 tonnes of tung oil valued at US$126.7 million, ranking #10 among 108 exporters and accounting for 1.9% of global exports, despite a 15.6% year-on-year decline. The country is a net exporter, with production reaching 18,376 tonnes (0.7% of world output) and a yield of 0.032 t/ha. The latest export unit value is US$1.57 per kg.
Exports UN Comtrade · 2024
In 2024, Canada exported $126.7M (77.3 kt) of tung oil▼ 15.6% YoY. That ranks #10 worldwide (1.9% of global exports).
Export value by year (US$)
Export volume by year
Top tung oil exporters worldwide UN Comtrade · 2024
- #1 Indonesia $1.84B · 27.8%
- #2 Netherlands $686.5M · 10.4%
- #3 Belgium $567.1M · 8.6%
- #4 Malaysia $522M · 7.9%
- #5 Sweden $355.3M · 5.4%
Annual export data Canada · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $126.7M | 77.3 kt | $1.64 |
| 2023 | $150M | 74.6 kt | $2.01 |
| 2022 | $172.7M | 78.4 kt | $2.2 |
| 2021 | $138.1M | 81.1 kt | $1.7 |
| 2020 | $76.5M | 62.7 kt | $1.22 |
Production FAOSTAT · 2024
Canada produced 18.4 kt of tung oil in 2024▲ 0.3% YoY. It ranks #28 among producing countries (0.7% of world output).
Production by year (tonnes)
HS Code
tung oil is traded under Harmonized System code 1517.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.