Prospects of Declining Canola Exports from Canada

23-Mar-2026 04:58 PM

Vancouver: China imported only 218,000 tonnes of canola from Canada during the period from August 1, 2025, to January 31, 2026, whereas 3.08 million tonnes were imported during the entire 2024–25 marketing season (August–July).

Notably, China had previously imposed a hefty tariff of 75.8 percent on imports of Canadian canola, but has now reduced and fixed it at 5.9 percent. Consequently, a significant volume of canola imports from Canada is expected in the coming months.

Meanwhile, during the August 2025 to January 2026 period, Canada's canola exports rose to 733,000 tonnes to Japan, 540,000 tonnes to Mexico, and 424,000 tonnes to Pakistan, with Japan emerging as the leading buyer.

However, due to a sharp decline in purchases by China, Canada's total canola exports fell short, standing at 1.823 million tonnes. A massive reduction of 2.862 million tonnes was recorded in China's imports.

In its March report, Canada's Ministry of Agriculture stated that the pace of canola imports into China is likely to accelerate in the near future; as a result, the overall annual decline in Canadian canola exports could be limited to 1.131 million tonnes.

It is worth noting that Canada is the world's leading producer and exporter of canola and its value-added products.