Wedoany.com Report-Aug. 8, Statistics Canada reported that wheat and canola exports have decelerated as the marketing year (MY) 2024/25 nears its close. In June 2025, canola exports reached their lowest level in 11 months, with shipments totaling 0.6 million tonnes. Despite this slowdown, the total canola exports for MY 2024/25 amounted to 9.49 million tonnes, reflecting a significant 39.2% increase compared to the previous year.

Export destinations showed varied trends. Shipments to China decreased by 1 million tonnes, but this was partially balanced by increased deliveries to other markets. Japan imported an additional 0.4 million tonnes, the European Union added 0.3 million tonnes, and the United Arab Emirates saw a rise of 0.2 million tonnes. These shifts highlight the diversification of Canada’s canola export markets during the season.

In addition to export trends, domestic canola processing in Canada reached a record high in MY 2024/25, with 11.3 million tonnes processed, an increase of 0.3 million tonnes from the prior season. Industry analysts note: “Canada will continue to increase canola oil production going forward, reducing the supply of available raw materials on global markets.” This focus on processing is expected to influence the availability of canola for international trade.

The data underscores Canada’s robust canola export performance over the year, despite a late-season decline, while the growth in domestic processing signals a strategic shift toward value-added production. These developments reflect Canada’s ongoing efforts to balance export commitments with increasing domestic demand for canola-based products.