Markets

Australia exports record 6Mt canola in yr to Sep

Liz Wells November 8, 2023

Building a canola stack at Numurkah in Victoria during the 2022-23 harvest. Photo: GrainCorp

AUSTRALIA exported a record 6 million tonnes of canola in the year to September 30, according to the latest data from the Australian Bureau of Statistics.

Belgium on 946,539t, the United Arab Emirates on 896,184t and Japan on 894,038t were the three biggest markets for Australian canola shipped in the 2022-23 marketing year.

For the Jly-Sep quarter, Japan on 407,719t was the biggest market by far, followed by the UAE on 217,506t and Pakistan 148,828t.

The quarter’s major destinations show the normal downtrend in demand from Europe as its crushers focus on processing the region’s own new crop.

Australia’s canola exports in 2022-23 are up 11 percent from the record 5.4Mt shipped in 2021-22.

CANOLA Oct-Dec Jan-Mar Apr-Jun Jly Aug Sep Tonnes
Argentina 0 0 2 0 0 0 2
Bangladesh 2185 120942 53961 51111 0 13684 241883
Belgium 371368 447710 68415 59046 0 0 946539
Canada 0 45 87 0 0 0 132
Chile 0 0 0 1 0 0 1
France 188510 137829 86608 0 124324 0 537272
Germany 252140 430609 163760 0 0 0 846509
Hungary 0 20 19 0 0 42 80
Japan 29726 193821 262772 153500 130011 124208 894038
Kuwait 0 21 0 20 0 0 41
Malaysia 20741 11395 12146 7760 2945 8999 63987
Mexico 0 127942 0 33000 38843 31744 231529
Nepal 16021 17007 13616 906 144 1269 48962
Netherlands 253808 205039 0 0 0 0 458847
New Zealand 1446 2499 1831 425 830 412 7443
Pakistan 116691 500 304127 89330 0 59498 570147
Paraguay 1 0 0 0 0 0 1
Philippines 0 0 0 1 0 0 1
Portugal 0 40547 0 0 0 0 40547
South Africa 11 96 28 0 0 0 135
South Korea 810 0 205 407 205 409 2036
Taiwan 313 229687 0 0 0 0 230000
UAE 239638 229687 209353 28856 61375 127275 896184
Vietnam 0 0 420 0 0 0 420
TOTAL 1493409 2195396 1177352 424363 358677 367539 6016737

Table 1: Australian canola exports for the year to 30 September 2023. Source: ABS

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