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2022
Exports $569MWorld Rnk 13 / 203
Flag Rnk 152 / 1210
2022
Destination $4.28M United States
2021 - 2022
FASTEST GROWING MARKET $4.28MJapan
2022
PRODUCT COMPLEXITY IN Hard Liquor-0.52Rnk 708 / 1025
2022
Imports $1.09BWorld Rnk 8 / 224
Flag Rnk 110 / 1213
2022
Origin $31.6M United States
2021 - 2022
FASTEST GROWING ORIGIN $31.6MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $569M in Hard Liquor, making it the 13th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 152nd most exported product in Canada. The main destination of Hard Liquor exports from Canada are: United States ($493M), Japan ($23.4M), Australia ($8.73M), France ($6.56M), and Canada ($4.4M).

The fastest growing export markets for Hard Liquor of Canada between 2021 and 2022 were Japan ($4.28M), United Kingdom ($1.4M), and South Africa ($1.34M).

Imports In 2022, Canada imported $1.09B in Hard Liquor, becoming the 8th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 110th most imported product in Canada. Canada imports Hard Liquor primarily from: United States ($320M), United Kingdom ($230M), France ($123M), Ireland ($99.6M), and Mexico ($94.6M).

The fastest growing import markets in Hard Liquor for Canada between 2021 and 2022 were United Kingdom ($31.6M), Mexico ($29M), and United States ($24M).

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

August 2024

About

Overview In August 2024 Canada's Hard Liquor exports accounted up to C$56.2M and imports accounted up to C$113M, resulting in a negative trade balance of C$56.8M. Between August 2023 and August 2024 the exports of Canada's   Hard Liquor have decreased by C$-13.9M (-19.8%) from C$70M to C$56.2M, while imports decreased by C$-11M (-8.85%) from C$124M to C$113M.

Destinations In August 2024, Hard Liquor were exported mostly to United States (C$51.8M), Japan (C$1.58M), France (C$889k), South Africa (C$425k), and Australia (C$207k), and were imported mostly from United States (C$31.8M), United Kingdom (C$21.1M), Mexico (C$17.2M), France (C$14.4M), and Ireland (C$9.37M).

Growth In August 2024, the decrease in Hard Liquor's year-by-year exports was explained primarily by a decrease in exports to United States (C$-2.81M or -5.26%), Sweden (C$-245k or -100%), and Australia (C$-158k or -25.7%). In August 2024, the decrease in Hard Liquor's year-by-year imports was explained primarily by a decrease in imports from Italy (C$-796k or -31.8%), Guatemala (C$-523k or -88.6%), and Mexico (C$-413k or -4.36%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-13.9M(-19.8%)
IMPORT GROWTH (August 2023 - August 2024)C$-11M(-8.85%)
MAIN EXPORTER (August 2024)OntarioC$74.3M
MAIN DESTINATION (August 2024)United StatesC$51.8M

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 (2022)$569M
IMPORTS (2022)$1.09B
NET TRADE (2022)-$522M

In 2022, Canada exported $569M in Hard Liquor. The main destinations of Canada exports on Hard Liquor were United States ($493M), Japan ($23.4M), Australia ($8.73M), France ($6.56M), and Canada ($4.4M).

In 2022, Canada imported $1.09B in Hard Liquor, mainly from United States ($320M), United Kingdom ($230M), France ($123M), Ireland ($99.6M), and Mexico ($94.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Japan$4.28M (22.4%)
United Kingdom$1.4M (71.3%)
South Africa$1.34M (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Canada WERE (2021 - 2022):
United States-$20.5M (-3.99%)
Dominican Republic-$2.86M (-56.6%)
Canada-$2.31M (-34.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Hard Liquor were:
United Kingdom $9.58B
France $6.3B
Mexico $4.86B
In 2022, Canada's main importing competitors in Hard Liquor were:
United States $10.9B
China $2.58B
Germany $1.89B

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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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