Archive · 18 Aug 2025
China Looks to Australia for Canola as Canada Ties Sour
China wants to start buying canola (a plant used for animal feed) from Australia again.
This is because China isn't getting along as well with Canada, which usually sells them most of their canola.
China has put a tax on canola from Canada.
A Chinese company is talking to Australian sellers about buying their canola.
Australia's government is talking to China to get things finalized.
China buys a lot of canola every year, most of it from Canada, which is worth billions of dollars.
China aims to restart canola trade with Australia after a five-year break.
China seeks to secure canola supplies amid strained relations with Canada.
Cofco, a Chinese state-owned trader, has inquired about Australian canola prices.
China imposed a temporary 75.8% duty on Canadian canola shipments.
Last year, China imported 6.39 million tons of rapeseed, mostly from Canada.
- Who
- China, Cofco, Canadian suppliers, and Australian exporters are involved.
- What
- China is attempting to reopen canola trade with Australia.
- When
- China imposed tariffs on Canadian canola earlier in the year. Discussions about Australian canola began last week.
- Where
- China, Australia, and Canada are involved.
- Why
- China seeks to secure canola supplies and reduce reliance on Canada due to souring relations and tariffs.
- Key Ingredient
- Canola (rapeseed)
- Primary Importer
- China
- Main Supplier (Previously)
- Canada
- Chinese Trader
- Cofco
- Australian Crop Season
- Begins after October
- Canadian Tariff
- 75.8%
- China's 2024 Rapeseed Imports
- 6.39 million tons