Coconut Oil in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $21.4M in Coconut Oil, making it the 25th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 661st most exported product in Canada. The main destination of Coconut Oil exports from Canada are: United States ($20.3M), Netherlands ($708k), Sri Lanka ($132k), Philippines ($77.3k), and Chile ($35.2k).

The fastest growing export markets for Coconut Oil of Canada between 2021 and 2022 were Sri Lanka ($132k), Philippines ($77.3k), and Netherlands ($75.6k).

Imports In 2022, Canada imported $145M in Coconut Oil, becoming the 13th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 491st most imported product in Canada. Canada imports Coconut Oil primarily from: United States ($63.5M), Philippines ($32.2M), Malaysia ($25.4M), Vietnam ($9.99M), and Indonesia ($7.66M).

The fastest growing import markets in Coconut Oil for Canada between 2021 and 2022 were Malaysia ($9.26M), United States ($8.74M), and Indonesia ($3.64M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Coconut Oil from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Coconut Oil exports accounted up to C$159k and imports accounted up to C$10.1M, resulting in a negative trade balance of C$9.9M. Between December 2022 and January 2024 the exports of Canada's Coconut Oil have increased by C$152k (2.12k%) from C$7.14k to C$159k, while imports increased by C$84k (0.84%) from C$9.97M to C$10.1M.

Destinations In January 2024, Coconut Oil were exported mostly to United States (C$153k) and United Arab Emirates (C$6.05k), and were imported mostly from Philippines (C$3.97M), Malaysia (C$2.86M), Vietnam (C$1.17M), Sri Lanka (C$657k), and United States (C$581k).

Growth In January 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Malaysia (C$623k or 27.4%), Singapore (C$229k or 1.21k%), and India (C$66.3k or 379%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - January 2024)C$152k(2.12k%)

IMPORT GROWTH (January 2023 - January 2024)C$84k(0.84%)

MAIN EXPORTER (January 2024)OntarioC$118k

MAIN DESTINATION (January 2024)United StatesC$153k

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$21.4M

IMPORTS (2022)$145M

NET TRADE (2022)-$123M

In 2022, Canada exported $21.4M in Coconut Oil. The main destinations of Canada exports on Coconut Oil were United States ($20.3M), Netherlands ($708k), Sri Lanka ($132k), Philippines ($77.3k), and Chile ($35.2k).

In 2022, Canada imported $145M in Coconut Oil, mainly from United States ($63.5M), Philippines ($32.2M), Malaysia ($25.4M), Vietnam ($9.99M), and Indonesia ($7.66M).

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