Australia cut canola exports in January

According to the latest data from the Australian Bureau of Statistics (ABS), Australia exported 715.1 thousand tons of canola in January, down 6 percent from 763.34 thousand tons in December. At the same time, it should be noted that experts adjusted the volume of oilseed exports in December 2022, reducing the estimate by 14%, from a record 883.8 thousand tons. Germany imported the most Australian canola in January - 238.2 thousand tons. Belgium is next, having purchased 130.7 thousand tons of this crop. Bangladesh closes the top three - 105.2 thousand tons. The top 5 also includes Japan and the UAE - 74 thousand tons and 59.7 thousand tons, respectively. It is worth noting that small volumes in the first month of 2023 were also sent to Hungary, Kuwait, Malaysia, Nepal, Mexico, New Zealand and the Netherlands. Recall that in ...