Exports In 2020, Canada exported $3.14B in Baked Goods, making it the 2nd largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 21st most exported product in Canada. The main destination of Baked Goods exports from Canada are: United States ($3.03B), United Kingdom ($51.9M), Australia ($10.1M), Mexico ($6.15M), and Japan ($5.68M).
The fastest growing export markets for Baked Goods of Canada between 2019 and 2020 were United States ($38.8M), United Kingdom ($15.2M), and South Africa ($1.11M).
Imports In 2020, Canada imported $1.64B in Baked Goods, becoming the 5th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 48th most imported product in Canada. Canada imports Baked Goods primarily from: United States ($1.24B), Mexico ($52.9M), Italy ($43.6M), Germany ($31.8M), and France ($31M).
The fastest growing import markets in Baked Goods for Canada between 2019 and 2020 were India ($5.32M), United Arab Emirates ($4.91M), and Thailand ($4.48M).
Tariffs In 2019, the average tariff for Canada in Baked Goods was 2.47%. The countries with the highest import tariffs for Baked Goods were Australia (Most Favoured Nation duty rate treatement, 3.98%), New Zealand (Most Favoured Nation duty rate treatement, 3.98%), Botswana (Most Favoured Nation duty rate treatement, 3.9%), Algeria (Most Favoured Nation duty rate treatement, 3.9%), and Western Sahara (Most Favoured Nation duty rate treatement, 3.9%).