2023
Exports
$84.1MWorld Rnk 29 / 133
Flag Rnk 402 / 1212
2023
PRODUCT COMPLEXITY IN Animal Meal and Pellets
-1.42Rnk 933 / 1025
2023
Imports
$181MWorld Rnk 15 / 167
Flag Rnk 409 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $84.1M 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 402nd most exported product in Canada. The main destination of Animal Meal and Pellets exports from Canada are: Indonesia ($34.7M), Philippines ($20.8M), United States ($16.1M), Vietnam ($10.6M), and Thailand ($1.1M).

The fastest growing export markets for Animal Meal and Pellets of Canada between 2022 and 2023 were United States ($7.14M), Indonesia ($1.41M), and Philippines ($578k).

Imports In 2023, Canada imported $181M in Animal Meal and Pellets, becoming the 15th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 409th most imported product in Canada. Canada imports Animal Meal and Pellets primarily from: United States ($83.7M), Mexico ($36.3M), Denmark ($16.2M), Australia ($14.7M), and Norway ($10.8M).

The fastest growing import markets in Animal Meal and Pellets for Canada between 2022 and 2023 were Mexico ($3.86M), Chile ($2.35M), and Poland ($1.09M).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-1.21M(-12.9%)
IMPORT GROWTH (November 2023 - November 2024)C$-1.34M(-6.24%)
MAIN EXPORTER (November 2024)AlbertaC$5.15M
MAIN DESTINATION (November 2024)VietnamC$3.32M

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 (2023)$84.1M
IMPORTS (2023)$181M
NET TRADE (2023)-$96.9M

In 2023, Canada exported $84.1M in Animal Meal and Pellets. The main destinations of Canada exports on Animal Meal and Pellets were Indonesia ($34.7M), Philippines ($20.8M), United States ($16.1M), Vietnam ($10.6M), and Thailand ($1.1M).

In 2023, Canada imported $181M in Animal Meal and Pellets, mainly from United States ($83.7M), Mexico ($36.3M), Denmark ($16.2M), Australia ($14.7M), and Norway ($10.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$7.14M (79.8%)
Indonesia$1.41M (4.24%)
Philippines$578k (2.85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Canada WERE (2022 - 2023):
China-$672k (-66%)
Mexico-$322k (-100%)
Japan-$197k (-81.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Animal Meal and Pellets were:
In 2023, Canada's main importing competitors in Animal Meal and Pellets were:
China $3.16B

Explore Visualizations

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.

See methodology.

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