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2023
Exports $57.8kWorld Rnk 106 / 150
Flag Rnk 1155 / 1212
2023
Destination $22k Brunei
2022 - 2023
FASTEST GROWING MARKET $22kBrunei
2023
PRODUCT COMPLEXITY IN Ground Nuts-2.38Rnk 1017 / 1025
2023
Imports $156MWorld Rnk 9 / 207
Flag Rnk 458 / 1211
2023
Origin $4.62M United States
2022 - 2023
FASTEST GROWING ORIGIN $4.62MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $57.8k in Ground Nuts, making it the 106th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 1155th most exported product in Canada. The main destination of Ground Nuts exports from Canada are: Brunei ($22k), United States ($16.8k), Saint Vincent and the Grenadines ($7.12k), Grenada ($5.96k), and Guyana ($3.05k).

The fastest growing export markets for Ground Nuts of Canada between 2022 and 2023 were Brunei ($22k), Grenada ($4.12k), and Luxembourg ($983).

Imports In 2023, Canada imported $156M in Ground Nuts, becoming the 9th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 458th most imported product in Canada. Canada imports Ground Nuts primarily from: United States ($132M), China ($17.3M), Mexico ($3.83M), India ($1.12M), and Argentina ($1M).

The fastest growing import markets in Ground Nuts for Canada between 2022 and 2023 were United States ($4.62M), China ($925k), and India ($500k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Ground Nuts exports accounted up to C$2.68k and imports accounted up to C$23.2M, resulting in a negative trade balance of C$23.2M. Between September 2022 and September 2024 the exports of Canada's   Ground Nuts have decreased by C$-10.3k (-79.3%) from C$13k to C$2.68k, while imports increased by C$1.53M (7.08%) from C$21.7M to C$23.2M.

Destinations In September 2024, Ground Nuts were exported mostly to , and were imported mostly from United States (C$21.8M), China (C$979k), Argentina (C$164k), Paraguay (C$81.6k), and India (C$69.8k).

Growth In September 2024, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Ground Nuts's year-by-year imports was explained primarily by an increase in imports from United States (C$2.69M or 24.1%), China (C$819k or 70.6%), and Mexico (C$333k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2022 - September 2024)C$-10.3k(-79.3%)
IMPORT GROWTH (November 2023 - November 2024)C$1.53M(7.08%)
MAIN EXPORTER (September 2024)OntarioC$9.46k
MAIN DESTINATION (September 2024)

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$57.8k
IMPORTS (2023)$156M
NET TRADE (2023)-$156M

In 2023, Canada exported $57.8k in Ground Nuts. The main destinations of Canada exports on Ground Nuts were Brunei ($22k), United States ($16.8k), Saint Vincent and the Grenadines ($7.12k), Grenada ($5.96k), and Guyana ($3.05k).

In 2023, Canada imported $156M in Ground Nuts, mainly from United States ($132M), China ($17.3M), Mexico ($3.83M), India ($1.12M), and Argentina ($1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Brunei$22k (1%)
Grenada$4.12k (224%)
Luxembourg$983 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Canada WERE (2022 - 2023):
United States-$97.5k (-85.3%)
Saint Vincent and the Grenadines-$5.34k (-42.9%)
France-$3.3k (-70.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Ground Nuts were:
Argentina $836M
India $807M
United States $658M
In 2023, Canada's main importing competitors in Ground Nuts were:
China $716M
Netherlands $544M
Indonesia $375M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $48k
TOP IMPORT POTENTIALBrazil+ $2.23M

Ground Nuts’s highest export potential is United States. With an export gap of $48k.   Ground Nuts’s highest import potential is Brazil with an import gap of $2.23M.

See methodology.

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