Concentrated Milk in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $118M in Concentrated Milk, making it the 28th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 368th most exported product in Canada. The main destination of Concentrated Milk exports from Canada are: Egypt ($33.1M), Algeria ($23.5M), Malaysia ($10M), United Arab Emirates ($6.31M), and Singapore ($6.07M).

The fastest growing export markets for Concentrated Milk of Canada between 2021 and 2022 were Egypt ($21.7M), Algeria ($9.87M), and Singapore ($5.06M).

Imports In 2022, Canada imported $21M in Concentrated Milk, becoming the 99th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 857th most imported product in Canada. Canada imports Concentrated Milk primarily from: United States ($14.7M), South Korea ($1.47M), United Arab Emirates ($1.33M), Philippines ($760k), and New Zealand ($567k).

The fastest growing import markets in Concentrated Milk for Canada between 2021 and 2022 were United Arab Emirates ($1.24M), Philippines ($659k), and New Zealand ($366k).

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

Latest Trends

January 2024

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Overview In January 2024 Canada's Concentrated Milk exports accounted up to C$6.37M and imports accounted up to C$1.35M, resulting in a positive trade balance of C$5.02M. Between January 2023 and January 2024 the exports of Canada's Concentrated Milk have decreased by C$-1.43M (-18.4%) from C$7.8M to C$6.37M, while imports decreased by C$-1.12M (-45.5%) from C$2.47M to C$1.35M.

Destinations In January 2024, Concentrated Milk were exported mostly to Algeria (C$2.7M), Egypt (C$1.71M), Jamaica (C$609k), United Arab Emirates (C$383k), and Togo (C$264k), and were imported mostly from United States (C$1.16M), New Zealand (C$190k), Brazil (C$132), Netherlands (C$124), and Canada (C$96).

Growth In January 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Philippines (C$-77.9k or -44.1%). In January 2024, the decrease in Concentrated Milk's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-1.43M(-18.4%)

IMPORT GROWTH (January 2023 - January 2024)C$-1.12M(-45.5%)

MAIN EXPORTER (January 2024)QuebecC$5.13M

MAIN DESTINATION (January 2024)AlgeriaC$2.7M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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