Markets

Australia exports 213,493t canola in Nov

Liz Wells, January 21, 2022

Harvesting windrowed canola in November. Photo: AGnVET Services

AUSTRALIA exported 213,493 tonnes of canola in November, almost 14 times the amount shipped in the previous month, to reflect the availability of new crop.

Pakistan on 64,458 tonnes took the greatest volume of November-shipped canola, followed by The Netherlands on 64,458t and Belgium on 54,654t.
This latest monthly figure is 9pc below the 233,931t of canola exported in November 2020, when Germany was the month’s biggest customer.
According to Lachstock Consulting’s latest supply-and-demand report for canola released January 11, a number of vessels due to load canola in November were rolled into December.
“The pace will need to remain heavy as we move through the first half of the calendar year in order to clear our export program,” the report said.
With a record crop now in the bin which ABARES last month estimated at 5.7 million tonnes (Mt),  exports are expected to eclipse the record 3.5Mt shipped in both 2012-13 and 2016-17, and the 3.3Mt shipped in 2020-21.
CANOLA Sep Oct Nov Tonnes
Bangladesh 1004 4735 30502 36241
Belgium 0 0 54654 54654
Germany 0 0 127 127
Hungary 0 0 42 42
Indonesia 0 120 0 120
Japan 91176 1079 1278 93533
Malaysia 5376 4153 1925 11453
Nepal 3999 3834 2213 10046
Netherlands 0 0 57968 57968
New Zealand 487 497 250 1234
Pakistan 0 0 64458 64458
South Africa 0 0 20 20
South Korea 556 0 0 556
United Arab Emirates 0 0 56 56
TOTAL TONNES 102597 14418 213493 330508
Table 1: Australian canola exports in September, October and November 2021. Source: ABS
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