Australia Sees Sharp Rise in Canola Exports

15-Jul-2025 12:49 PM

Hobart. Australia, a key producer and exporter of canola, witnessed a notable rise in its canola exports in May 2025. According to the Australian Bureau of Statistics (ABS), exports reached 6.17 lakh tonnes in May, marking a 25% increase over April's 4.95 lakh tonnes. However, this volume was still lower than the 7.42 lakh tonnes exported in May 2024.

Belgium remained the leading importer, receiving 1.89 lakh tonnes—about 31% of total Australian exports for the month. While exports to non-European countries were relatively lower, Muslim-majority nations showed good demand. In May, 1.27 lakh tonnes of canola were shipped to Pakistan and 1.21 lakh tonnes to the United Arab Emirates.

Exports are expected to decline in June due to tightening stocks and increased global competition with the onset of harvests in Northern Hemisphere countries.

Based on shipments up to June 17, estimates suggest only 91,000 tonnes will be exported in June and around 1.35 lakh tonnes in July. Meanwhile, sowing for the next Australian canola crop has already been completed.

During the March–May 2025 quarter, Australia exported over 20.16 lakh tonnes of canola. March recorded the highest volume at 9.04 lakh tonnes, followed by a dip in April to 4.95 lakh tonnes, before rising again in May.

In the same quarter, export destinations included Belgium (6.16 lakh tonnes), Germany (3.23 lakh tonnes), France (1.89 lakh tonnes), Holland (1.84 lakh tonnes), UAE (2.16 lakh tonnes), Pakistan (1.27 lakh tonnes), Greece (1.21 lakh tonnes), and Japan (around 1 lakh tonnes).