Australia exported a record volume of canola in 2022/23

Published 2023년 11월 14일

Tridge summary

Global canola exports in July-September increased by 1 million tons to 4.6 million tons, thanks to record shipments from Australia and the resumption of exports from Canada. Australia's canola exports in September more than doubled compared to last year, with the UAE, Japan, and Pakistan as the main destinations. While exports to the EU decreased, increased exports to traditional markets offset the reduction.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Oil World estimates, global canola exports in July-September of this year. increased by 1 million tons per year - to 4.6 million tons thanks to record shipments of oilseeds from Australia and the resumption of exports from Canada, which fully compensated for the decrease in rapeseed exports from the EU and Ukraine. In particular, canola exports from Australia in September of this year. increased more than twice a year – to 368 thousand tons. The main shipments were made to the UAE - 127 thousand tons (61 thousand tons last year), Japan - up to 124 (36) thousand tons and Pakistan. The total indicator of shipments of Australian oilseeds in July-September of this year. increased to 1.2 million tons compared to 0.5 million tons a year earlier, and in total in 2022/23 MY - to 5.8 million tons (+0.3 ...

Source: Zol