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2022
Exports $1.1BWorld Rnk 11 / 189
Flag Rnk 87 / 1210
2022
Destination $67.6M United States
2021 - 2022
FASTEST GROWING MARKET $67.6MUnited States
2022
PRODUCT COMPLEXITY IN Animal Food-0.27Rnk 637 / 1025
2022
Imports $1.66BWorld Rnk 8 / 223
Flag Rnk 73 / 1213
2022
Origin $184M United States
2021 - 2022
FASTEST GROWING ORIGIN $184MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.1B in Animal Food, making it the 11th largest exporter of Animal Food in the world. At the same year, Animal Food was the 87th most exported product in Canada. The main destination of Animal Food exports from Canada are: United States ($583M), China ($92.9M), South Korea ($34.9M), Netherlands ($32.4M), and Spain ($29.9M).

The fastest growing export markets for Animal Food of Canada between 2021 and 2022 were United States ($67.6M), Netherlands ($10.9M), and Spain ($9.98M).

Imports In 2022, Canada imported $1.66B in Animal Food, becoming the 8th largest importer of Animal Food in the world. At the same year, Animal Food was the 73rd most imported product in Canada. Canada imports Animal Food primarily from: United States ($1.42B), Thailand ($54.1M), China ($48M), France ($43.6M), and Italy ($13.4M).

The fastest growing import markets in Animal Food for Canada between 2021 and 2022 were United States ($184M), France ($19.7M), and Thailand ($12.1M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Animal Food exports accounted up to C$111M and imports accounted up to C$207M, resulting in a negative trade balance of C$95.8M. Between August 2023 and August 2024 the exports of Canada's   Animal Food have increased by C$5.07M (4.79%) from C$106M to C$111M, while imports increased by C$3.7M (1.82%) from C$203M to C$207M.

Destinations In August 2024, Animal Food were exported mostly to United States (C$72.2M), Netherlands (C$3.42M), France (C$3.41M), Japan (C$2.76M), and Chinese Taipei (C$2.67M), and were imported mostly from United States (C$174M), Thailand (C$10.4M), China (C$7.97M), France (C$2.5M), and New Zealand (C$1.7M).

Growth In August 2024, the increase in Animal Food's year-by-year exports was explained primarily by an increase in exports to United States (C$11.4M or 22.1%), Netherlands (C$5.76M or 405%), and France (C$2.54M or 209%). In August 2024, the increase in Animal Food's year-by-year imports was explained primarily by an increase in imports from United States (C$20.8M or 15.2%), China (C$2.89M or 91.4%), and Thailand (C$2.5M or 58.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$5.07M(4.79%)
IMPORT GROWTH (August 2023 - August 2024)C$3.7M(1.82%)
MAIN EXPORTER (August 2024)OntarioC$56.3M
MAIN DESTINATION (August 2024)United StatesC$72.2M

This section shows Animal Food's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Animal Food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.1B
IMPORTS (2022)$1.66B
NET TRADE (2022)-$555M

In 2022, Canada exported $1.1B in Animal Food. The main destinations of Canada exports on Animal Food were United States ($583M), China ($92.9M), South Korea ($34.9M), Netherlands ($32.4M), and Spain ($29.9M).

In 2022, Canada imported $1.66B in Animal Food, mainly from United States ($1.42B), Thailand ($54.1M), China ($48M), France ($43.6M), and Italy ($13.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$67.6M (13.1%)
Netherlands$10.9M (51%)
Spain$9.98M (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Canada WERE (2021 - 2022):
China-$97.4M (-51.2%)
Russia-$21.8M (-100%)
Singapore-$5.6M (-51.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Animal Food were:
Germany $4.76B
Netherlands $4.41B
United States $4.34B
In 2022, Canada's main importing competitors in Animal Food were:
Germany $3.39B
United States $3.02B
Netherlands $1.95B

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $128M
TOP IMPORT POTENTIALChina+ $31.8M

Animal Food’s highest export potential is United States. With an export gap of $128M.   Animal Food’s highest import potential is China with an import gap of $31.8M.

See methodology.

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