2023
Exports
$629MWorld Rnk 12 / 199
Flag Rnk 136 / 1212
2023
PRODUCT COMPLEXITY IN Hard Liquor
-0.58Rnk 730 / 1025
2023
Imports
$994MWorld Rnk 10 / 226
Flag Rnk 109 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $629M in Hard Liquor, making it the 12th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 136th most exported product in Canada. The main destination of Hard Liquor exports from Canada are: United States ($550M), Japan ($28M), Australia ($9.39M), France ($6.49M), and South Africa ($4.99M).

The fastest growing export markets for Hard Liquor of Canada between 2022 and 2023 were United States ($55.7M), Japan ($4.21M), and South Africa ($2.57M).

Imports In 2023, Canada imported $994M in Hard Liquor, becoming the 10th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 109th most imported product in Canada. Canada imports Hard Liquor primarily from: United States ($260M), United Kingdom ($230M), Mexico ($141M), France ($91.1M), and Ireland ($83.7M).

The fastest growing import markets in Hard Liquor for Canada between 2022 and 2023 were Cuba ($2.53M), Trinidad and Tobago ($736k), and India ($373k).

COMPANIES In 2023, leading companies such as Pernod Ricard (2) were at the forefront of shipping Hard Liquor from Canada to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$4.05M(5.24%)
IMPORT GROWTH (November 2023 - November 2024)C$-35.1M(-28.9%)
MAIN EXPORTER (November 2024)OntarioC$74.3M
MAIN DESTINATION (November 2024)United StatesC$77.4M

This section shows Hard Liquor'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 Hard Liquor over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$629M
IMPORTS (2023)$994M
NET TRADE (2023)-$365M

In 2023, Canada exported $629M in Hard Liquor. The main destinations of Canada exports on Hard Liquor were United States ($550M), Japan ($28M), Australia ($9.39M), France ($6.49M), and South Africa ($4.99M).

In 2023, Canada imported $994M in Hard Liquor, mainly from United States ($260M), United Kingdom ($230M), Mexico ($141M), France ($91.1M), and Ireland ($83.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$55.7M (11.3%)
Japan$4.21M (17.7%)
South Africa$2.57M (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Canada WERE (2022 - 2023):
Australia-$4.61M (-32.9%)
United Kingdom-$2.32M (-56.1%)
Dominican Republic-$2.03M (-93.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Hard Liquor were:
In 2023, Canada's main importing competitors in Hard Liquor were:

Explore Visualizations

Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $193M
TOP IMPORT POTENTIALUnited States+ $61.4M

Hard Liquor’s highest export potential is United States. With an export gap of $193M.   Hard Liquor’s highest import potential is United States with an import gap of $61.4M.

See methodology.

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