Australia’s canola exports decline amid stock depletion, hopes rise for China’s return

year, Australia exported 4.95 million tons of canola, with Belgium (1.41 million tons) and Germany (1.08 million tons) as the largest markets, while France led in June with 60,299 tons, followed by Japan (28,671 tons) and Bangladesh (6,363 tons). Australian growers are focusing on forward canola sales, hopeful that China will resume purchases following its 75.8% tariff on Canadian canola, as China has not been a significant buyer of Australian canola since 2020 due to concerns over blackleg disease. Sam Napier, trading manager at Cargill Australia, noted at the Australian Grains Industry Conference (AGIC) 2025 that resuming trade with China depends on negotiations between Australia’s Department of Agriculture, Fisheries and Forestry and its Chinese counterpart, which could significantly boost the canola export industry, though local crushers may see limited benefits. The Australian Oilseeds Federation estimated the 2025-26 canola crop at 5.97 million tons, down from 6.24 million ...