Milk in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $19.5M in Milk, making it the 43rd largest exporter of Milk in the world. At the same year, Milk was the 678th most exported product in Canada. The main destination of Milk exports from Canada are: United States ($17.9M), China ($622k), Trinidad and Tobago ($311k), Antigua and Barbuda ($299k), and Syria ($219k).

The fastest growing export markets for Milk of Canada between 2021 and 2022 were China ($137k), Trinidad and Tobago ($90.5k), and Syria ($76.4k).

Imports In 2022, Canada imported $58.7M in Milk, becoming the 32nd largest importer of Milk in the world. At the same year, Milk was the 668th most imported product in Canada. Canada imports Milk primarily from: United States ($55.7M), Netherlands ($1.66M), United Kingdom ($533k), United Arab Emirates ($503k), and Germany ($111k).

The fastest growing import markets in Milk for Canada between 2021 and 2022 were United States ($4.01M), United Arab Emirates ($503k), and Netherlands ($283k).

Latest Trends

August 2024

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Overview In August 2024 Canada's Milk exports accounted up to C$1.16M and imports accounted up to C$7.61M, resulting in a negative trade balance of C$6.45M. Between August 2023 and August 2024 the exports of Canada's Milk have decreased by C$-83.6k (-6.73%) from C$1.24M to C$1.16M, while imports increased by C$2.4M (45.9%) from C$5.22M to C$7.61M.

Destinations In August 2024, Milk were exported mostly to United States (C$1.15M), Hong Kong (C$3.42k), Saint Pierre and Miquelon (C$1.31k), and France (C$842), and were imported mostly from United States (C$7.53M), Germany (C$42.1k), Czechia (C$18.4k), Netherlands (C$16.2k), and Belgium (C$3.97k).

Growth In August 2024, the decrease in Milk's year-by-year exports was explained primarily by a decrease in exports to United States (C$-763k or -29.4%) and Saint Pierre and Miquelon (C$-42 or -19.9%). In August 2024, the increase in Milk's year-by-year imports was explained primarily by an increase in imports from United States (C$1.77M or 41.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)C$-83.6k(-6.73%)

IMPORT GROWTH (August 2023 - August 2024)C$2.4M(45.9%)

MAIN EXPORTER (August 2024)OntarioC$1.26M

MAIN DESTINATION (August 2024)United StatesC$1.15M

This section shows Milk'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 Milk over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$19.5M

IMPORTS (2022)$58.7M

NET TRADE (2022)-$39.2M

In 2022, Canada exported $19.5M in Milk. The main destinations of Canada exports on Milk were United States ($17.9M), China ($622k), Trinidad and Tobago ($311k), Antigua and Barbuda ($299k), and Syria ($219k).

In 2022, Canada imported $58.7M in Milk, mainly from United States ($55.7M), Netherlands ($1.66M), United Kingdom ($533k), United Arab Emirates ($503k), and Germany ($111k).

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