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2022
Exports $709MWorld Rnk 13 / 160
Flag Rnk 128 / 1210
2022
Destination $82.7M Ireland
2021 - 2022
FASTEST GROWING MARKET $82.7MIreland
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $1.46BWorld Rnk 13 / 212
Flag Rnk 82 / 1213
2022
Origin $650M United States
2021 - 2022
FASTEST GROWING ORIGIN $650MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $709M in Corn, making it the 13th largest exporter of Corn in the world. At the same year, Corn was the 128th most exported product in Canada. The main destination of Corn exports from Canada are: Ireland ($213M), United States ($129M), United Kingdom ($117M), Spain ($104M), and Portugal ($58.4M).

The fastest growing export markets for Corn of Canada between 2021 and 2022 were Ireland ($82.7M), United Kingdom ($37.1M), and Portugal ($28.1M).

Imports In 2022, Canada imported $1.46B in Corn, becoming the 13th largest importer of Corn in the world. At the same year, Corn was the 82nd most imported product in Canada. Canada imports Corn primarily from: United States ($1.46B), Canada ($3.71M), United Kingdom ($1.51M), Chile ($313k), and Argentina ($139k).

The fastest growing import markets in Corn for Canada between 2021 and 2022 were United States ($650M), United Kingdom ($1.51M), and Canada ($1.51M).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Corn exports accounted up to C$66M and imports accounted up to C$61.5M, resulting in a positive trade balance of C$4.5M. Between July 2023 and July 2024 the exports of Canada's   Corn have decreased by C$-29.1M (-30.6%) from C$95.1M to C$66M, while imports decreased by C$-22.5M (-26.8%) from C$84M to C$61.5M.

Destinations In July 2024, Corn were exported mostly to Ireland (C$22.4M), United Kingdom (C$16.6M), Spain (C$11.4M), United States (C$8.97M), and Portugal (C$6.55M), and were imported mostly from United States (C$61.4M), Peru (C$24k), North Macedonia (C$17.3k), China (C$10.4k), and Togo (C$8.6k).

Growth In July 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to United States (C$-5.56M or -17.5%). In July 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from United States (C$-112M or -51.5%), Canada (C$-782k or -85.1%), and Chile (C$-40.2k or -84.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-29.1M(-30.6%)
IMPORT GROWTH (July 2023 - July 2024)C$-22.5M(-26.8%)
MAIN EXPORTER (July 2024)OntarioC$55.8M
MAIN DESTINATION (July 2024)IrelandC$22.4M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$709M
IMPORTS (2022)$1.46B
NET TRADE (2022)-$753M

In 2022, Canada exported $709M in Corn. The main destinations of Canada exports on Corn were Ireland ($213M), United States ($129M), United Kingdom ($117M), Spain ($104M), and Portugal ($58.4M).

In 2022, Canada imported $1.46B in Corn, mainly from United States ($1.46B), Canada ($3.71M), United Kingdom ($1.51M), Chile ($313k), and Argentina ($139k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Ireland$82.7M (63.3%)
United Kingdom$37.1M (46.3%)
Portugal$28.1M (92.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Canada WERE (2021 - 2022):
Belgium-$404k (-100%)
Iran-$330k (-100%)
Qatar-$314k (-96.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Canada's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.4M
TOP IMPORT POTENTIALUnited States+ $144M

Corn’s highest export potential is United States. With an export gap of $30.4M.   Corn’s highest import potential is United States with an import gap of $144M.

See methodology.

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