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2022
Exports $28.5MWorld Rnk 35 / 143
Flag Rnk 611 / 1210
2022
Destination $10.3M United States
2021 - 2022
FASTEST GROWING MARKET $10.3MUnited States
2022
PRODUCT COMPLEXITY IN Ice Cream-0.27Rnk 636 / 1025
2022
Imports $43.1MWorld Rnk 33 / 219
Flag Rnk 735 / 1213
2022
Origin $1.17M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.17MChinese Taipei
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $28.5M in Ice Cream, making it the 35th largest exporter of Ice Cream in the world. At the same year, Ice Cream was the 611th most exported product in Canada. The main destination of Ice Cream exports from Canada are: United States ($27.8M), Jamaica ($197k), Philippines ($141k), Canada ($120k), and Saint Pierre and Miquelon ($70.8k).

The fastest growing export markets for Ice Cream of Canada between 2021 and 2022 were United States ($10.3M), Canada ($91.6k), and Philippines ($83.7k).

Imports In 2022, Canada imported $43.1M in Ice Cream, becoming the 33rd largest importer of Ice Cream in the world. At the same year, Ice Cream was the 735th most imported product in Canada. Canada imports Ice Cream primarily from: United States ($20.4M), South Korea ($7.71M), Chinese Taipei ($4.12M), Thailand ($1.6M), and South Africa ($1.39M).

The fastest growing import markets in Ice Cream for Canada between 2021 and 2022 were Chinese Taipei ($1.17M), Turkey ($1.01M), and Spain ($803k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Ice Cream exports accounted up to C$3.85M and imports accounted up to C$2.76M, resulting in a positive trade balance of C$1.09M. Between August 2023 and August 2024 the exports of Canada's   Ice Cream have decreased by C$-465k (-10.8%) from C$4.32M to C$3.85M, while imports decreased by C$-1.81M (-39.6%) from C$4.56M to C$2.76M.

Destinations In August 2024, Ice Cream were exported mostly to United States (C$3.82M), Saint Pierre and Miquelon (C$13.1k), France (C$12.2k), and United Kingdom (C$5.98k), and were imported mostly from United States (C$1.23M), South Korea (C$953k), Chinese Taipei (C$168k), Netherlands (C$144k), and Italy (C$94.5k).

Growth In August 2024, the decrease in Ice Cream's year-by-year exports was explained primarily by a decrease in exports to France (C$-3.27k or -46%). In August 2024, the decrease in Ice Cream's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (C$-644k or -85.4%), South Korea (C$-329k or -40.1%), and Thailand (C$-225k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-465k(-10.8%)
IMPORT GROWTH (August 2023 - August 2024)C$-1.81M(-39.6%)
MAIN EXPORTER (August 2024)OntarioC$3.35M
MAIN DESTINATION (August 2024)United StatesC$3.82M

This section shows Ice Cream'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 Ice Cream over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.5M
IMPORTS (2022)$43.1M
NET TRADE (2022)-$14.6M

In 2022, Canada exported $28.5M in Ice Cream. The main destinations of Canada exports on Ice Cream were United States ($27.8M), Jamaica ($197k), Philippines ($141k), Canada ($120k), and Saint Pierre and Miquelon ($70.8k).

In 2022, Canada imported $43.1M in Ice Cream, mainly from United States ($20.4M), South Korea ($7.71M), Chinese Taipei ($4.12M), Thailand ($1.6M), and South Africa ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ice Cream EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$10.3M (58.6%)
Canada$91.6k (328%)
Philippines$83.7k (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ice Cream BY Canada WERE (2021 - 2022):
Australia-$129k (-100%)
Qatar-$57.5k (-100%)
Kuwait-$51.4k (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Ice Cream were:
Germany $653M
France $575M
Belgium $411M
In 2022, Canada's main importing competitors in Ice Cream were:
Germany $511M
United Kingdom $426M
France $380M

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Trade Value of Ice Cream by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.17M
TOP IMPORT POTENTIALUnited States+ $3.67M

Ice Cream’s highest export potential is United States. With an export gap of $6.17M.   Ice Cream’s highest import potential is United States with an import gap of $3.67M.

See methodology.

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