Canada / Venezuela

Overview In November 2024, Canada exported C$45.6M and imported C$2.32M from Venezuela, resulting in a positive trade balance of C$43.2M. Between November 2023 and November 2024 the exports of Canada have increased by C$10.2M (29%) from C$35.3M to C$45.6M, while imports decreased by C$-1.51M (-39.4%) from C$3.82M to C$2.32M.

Trade In November 2024, the top exports of Canada to Venezuela were Wheat (C$6.9M), Dried Legumes (C$2.54M), Sulfate Chemical Woodpulp (C$1.36M), Newsprint (C$333k), and Liquid Pumps (C$241k). In November 2024 the top imports of Canada from Venezuela were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (C$943k), Cocoa Paste (C$577k), Hard Liquor (C$357k), Wood Charcoal (C$80.3k), and Carbon (C$80.2k).

Origins In November 2024 the exports of Canada were mainly from Saskatchewan (C$23.6M), Alberta (C$10.7M), Manitoba (C$5.5M), Ontario (C$4.41M), and Quebec (C$1.2M), while imports destinations were mainly Quebec (C$1.89M), Ontario (C$356k), Manitoba (C$70k), British Columbia (C$2.02k), and Alberta (C$16).

Growth In November 2024, the increase in Canada's year-by-year exports to Venezuela was explained primarily by an increase in product exports in Wheat (C$6.87M or 24.5k%), Dried Legumes (C$1.96M or 339%), and Liquid Pumps (C$70.4k or 41.4%). In November 2024, the decrease in Canada's year-by-year imports  from Venezuela was explained primarily by an decrease in product imports  in Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (C$-617k or -39.5%), Coffee (C$-133k or -100%), and Baked Goods (C$-2.44k or -100%).