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Pricing

2022
Exports $73.7MWorld Rnk 29 / 126
Flag Rnk 436 / 1210
2022
Destination $6.66M Indonesia
2021 - 2022
FASTEST GROWING MARKET $6.66MVietnam
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $196MWorld Rnk 14 / 173
Flag Rnk 414 / 1213
2022
Origin $10.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.9MAustralia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $73.7M in Animal Meal and Pellets, making it the 29th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 436th most exported product in Canada. The main destination of Animal Meal and Pellets exports from Canada are: Indonesia ($28.9M), Philippines ($21.3M), Vietnam ($9.48M), United States ($9.44M), and Thailand ($2.3M).

The fastest growing export markets for Animal Meal and Pellets of Canada between 2021 and 2022 were Vietnam ($6.66M), Philippines ($4.72M), and Indonesia ($3.85M).

Imports In 2022, Canada imported $196M in Animal Meal and Pellets, becoming the 14th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 414th most imported product in Canada. Canada imports Animal Meal and Pellets primarily from: United States ($97.4M), Mexico ($29.3M), Australia ($20.4M), Denmark ($18.9M), and Norway ($11.3M).

The fastest growing import markets in Animal Meal and Pellets for Canada between 2021 and 2022 were Australia ($10.9M), Mexico ($8.05M), and Norway ($2.38M).

COMPANIES In 2023, leading companies such as JBS Foods (1) were at the forefront of shipping Animal Meal and Pellets from Canada to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Canada's Animal Meal and Pellets exports accounted up to C$9.29M and imports accounted up to C$22.1M, resulting in a negative trade balance of C$12.8M. Between July 2023 and July 2024 the exports of Canada's   Animal Meal and Pellets have increased by C$4.84M (109%) from C$4.45M to C$9.29M, while imports increased by C$957k (4.52%) from C$21.2M to C$22.1M.

Destinations In July 2024, Animal Meal and Pellets were exported mostly to Vietnam (C$3.82M), Indonesia (C$3.44M), United States (C$1.43M), and Philippines (C$599k), and were imported mostly from United States (C$7.35M), Mexico (C$7.03M), Australia (C$2.12M), New Zealand (C$1.42M), and Chile (C$1.18M).

Growth In July 2024, the increase in Animal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to Indonesia (C$2.74M or 176%), Philippines (C$2.68M or 3.65k%), and United States (C$973k or 124%). In July 2024, the increase in Animal Meal and Pellets's year-by-year imports was explained primarily by an increase in imports from Norway (C$2.07M or 1.24k%), New Zealand (C$1.49M or 6.82k%), and Denmark (C$1.45M or 218%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$4.84M(109%)
IMPORT GROWTH (July 2023 - July 2024)C$957k(4.52%)
MAIN EXPORTER (July 2024)AlbertaC$5.15M
MAIN DESTINATION (July 2024)VietnamC$3.82M

This section shows Animal Meal and Pellets'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 Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.7M
IMPORTS (2022)$196M
NET TRADE (2022)-$122M

In 2022, Canada exported $73.7M in Animal Meal and Pellets. The main destinations of Canada exports on Animal Meal and Pellets were Indonesia ($28.9M), Philippines ($21.3M), Vietnam ($9.48M), United States ($9.44M), and Thailand ($2.3M).

In 2022, Canada imported $196M in Animal Meal and Pellets, mainly from United States ($97.4M), Mexico ($29.3M), Australia ($20.4M), Denmark ($18.9M), and Norway ($11.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Vietnam$6.66M (236%)
Philippines$4.72M (28.5%)
Indonesia$3.85M (15.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Canada WERE (2021 - 2022):
United States-$2.97M (-23.9%)
Japan-$177k (-25.5%)
India-$168k (-100%)
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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 Meal and Pellets were:
Peru $1.88B
United States $911M
Chile $423M
In 2022, Canada's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.01M
TOP IMPORT POTENTIALUnited States+ $11.4M

Animal Meal and Pellets’s highest export potential is United States. With an export gap of $9.01M.   Animal Meal and Pellets’s highest import potential is United States with an import gap of $11.4M.

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