In December 2024, Australia's canola exports saw a decrease of 16% from the previous month, totaling 593,810 tonnes. The primary markets for these exports included Belgium, Germany, France, Pakistan, and Bangladesh. Preliminary estimates predict that Australia's canola exports will reach 604,000 tonnes in January and 491,000 tonnes in February. The International Grains Council forecasts a 1.4% increase in the global rapeseed cultivation area for the 2025/26 season, achieving a record 44.1 million hectares.