China is already purchasing Australian canola on a trial basis as Canadian shipments plunge due to Chinese tariffs, industry sources say
Canada’s status as the dominant supplier of canola to China appears to be under threat as shipments plunge amid a tit-for-tat tariff battle between the two nations. And Australia is already emerging as an alternative source of the staple vegetable oil, analysts and industry insiders say.
China’s imports of canola from Canada fell by 55 per cent year on year to 173,250 tonnes in July – the lowest level recorded since July 2023 – Chinese customs data showed. The value of those shipments was down 49 per cent year on year at US$102.06 million.
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