2022
Exports
$4.75BWorld Rnk 2 / 210
Flag Rnk 18 / 1210
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$1.99BWorld Rnk 5 / 226
Flag Rnk 57 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $4.75B in Baked Goods, making it the 2nd largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 18th most exported product in Canada. The main destination of Baked Goods exports from Canada are: United States ($4.6B), United Kingdom ($45M), Mexico ($37.6M), Australia ($12.1M), and Japan ($7.4M).

The fastest growing export markets for Baked Goods of Canada between 2021 and 2022 were United States ($938M), Mexico ($29.1M), and Australia ($1.19M).

Imports In 2022, Canada imported $1.99B in Baked Goods, becoming the 5th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 57th most imported product in Canada. Canada imports Baked Goods primarily from: United States ($1.5B), Italy ($65M), Mexico ($59.4M), France ($34.6M), and United Kingdom ($32.7M).

The fastest growing import markets in Baked Goods for Canada between 2021 and 2022 were United States ($208M), Mexico ($8.05M), and Italy ($6.41M).

COMPANIES In 2023, leading companies such as Costco Wholesale (26) and Walmart (4) were at the forefront of shipping Baked Goods from Canada to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$93M(17.5%)
IMPORT GROWTH (July 2023 - July 2024)C$35.9M(14.6%)
MAIN EXPORTER (July 2024)OntarioC$520M
MAIN DESTINATION (July 2024)United StatesC$600M

This section shows Baked Goods'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 Baked Goods over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$4.75B
IMPORTS (2022)$1.99B
NET TRADE (2022)$2.76B

In 2022, Canada exported $4.75B in Baked Goods. The main destinations of Canada exports on Baked Goods were United States ($4.6B), United Kingdom ($45M), Mexico ($37.6M), Australia ($12.1M), and Japan ($7.4M).

In 2022, Canada imported $1.99B in Baked Goods, mainly from United States ($1.5B), Italy ($65M), Mexico ($59.4M), France ($34.6M), and United Kingdom ($32.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$938M (25.6%)
Mexico$29.1M (341%)
Australia$1.19M (10.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Canada WERE (2021 - 2022):
United Kingdom-$6.63M (-12.8%)
Japan-$1.46M (-16.5%)
Argentina-$407k (-16.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Baked Goods were:
Germany $4.92B
Italy $3.5B
In 2022, Canada's main importing competitors in Baked Goods were:

Explore Visualizations

Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $38.7M
TOP IMPORT POTENTIALMexico+ $30.9M

Baked Goods’s highest export potential is United Kingdom. With an export gap of $38.7M.   Baked Goods’s highest import potential is Mexico with an import gap of $30.9M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with