HS Icon Milk in  Flag Canada

2019
Exports | Imports
: $10.1M | $31.6M, World Rnk 51 / 149
Flag Rnk 739 / 1208 | World Rnk 42 / 221
Flag Rnk 752 / 1213

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.68M | $7.75M, United States |  United States

2019
ECONOMIC COMPLEXITY of Canada
: 0.96, Rnk 31 / 147

2019
PRODUCT COMPLEXITY  IN Milk
: -0.17, Rnk 609 / 1029

Exports: In 2019, Canada exported $10.1M in Milk, making it the 51st largest exporter of Milk in the world. At the same year, Milk was the 739th most exported product in Canada. The main destination of Milk exports from Canada are: United States ($8.93M), China ($670k), Antigua and Barbuda ($203k), Hong Kong ($112k), and Philippines ($80.2k).

The fastest growing export markets for Milk of Canada between 2018 and 2019 were United States ($2.68M), Antigua and Barbuda ($94.4k), and Philippines ($80.2k).

Imports: In 2019, Canada imported $31.6M in Milk, becoming the 42nd largest importer of Milk in the world. At the same year, Milk was the 752nd most imported product in Canada. Canada imports Milk primarily from: United States ($28M), Denmark ($1.44M), Netherlands ($851k), New Zealand ($579k), and United Kingdom ($228k).

The fastest growing import markets in Milk for Canada between 2018 and 2019 were United States ($7.75M), New Zealand ($579k), and Denmark ($291k).

Tariffs: In 2018, the average tariff for Canada in Milk was 187%. The countries with the highest import tariffs for Milk were Angola (Most Favoured Nation duty rate treatement, 267%), Burundi (Most Favoured Nation duty rate treatement, 267%), Benin (Most Favoured Nation duty rate treatement, 267%), Burkina Faso (Most Favoured Nation duty rate treatement, 267%), and Central African Republic (Most Favoured Nation duty rate treatement, 267%).

Latest Trends (May 2021)

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Overview: In May 2021 Canada's Milk exports accounted up to C$3.96M and imports accounted up to C$8.22M, resulting in a negative trade balance of C$4.27M. Between May 2020 and May 2021 the exports of Canada's   Milk have increased by C$790k (24.9%) from C$3.17M to C$3.96M, while imports increased by C$3.38M (69.9%) from C$4.84M to C$8.22M.

Destinations: In May 2021, Milk were exported mostly to United States (C$3.8M), China (C$152k), Hong Kong (C$7.29k), Saint Pierre and Miquelon (C$608), and France (C$190), and were imported mostly from United States (C$8.21M), Belgium (C$8.52k), France (C$675), Poland (C$176), and Australia (C$24).

Growth: In May 2021, the increase in Milk's year-by-year exports was explained primarily by an increase in exports to United States (C$645k or 20.5%). In May 2021, the increase in Milk's year-by-year imports was explained primarily by an increase in imports from United States (C$3.83M or 87.3%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): C$790k, (24.9%)

IMPORT GROWTH (May 2020 - May 2021): C$3.38M, (69.9%)

MAIN EXPORTER (May 2021): Ontario, C$3.59M

MAIN DESTINATION (May 2021): United States, C$3.8M

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.

For full datasets download visit Bulk Download page.

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Historical Data

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Value

EXPORTS (2019): $10.1M

IMPORTS (2019): $31.6M

NET TRADE (2019): -$21.5M

In 2019, Canada exported $10.1M in Milk. The main destinations of Canada exports on Milk were United States ($8.93M), China ($670k), Antigua and Barbuda ($203k), Hong Kong ($112k), and Philippines ($80.2k).

In 2019, Canada imported $31.6M in Milk, mainly from United States ($28M), Denmark ($1.44M), Netherlands ($851k), New Zealand ($579k), and United Kingdom ($228k).

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IN 2019, Canada HAD A POSITIVE NET TRADE IN Milk WITH:

IN 2019, Canada HAD A NEGATIVE NET TRADE IN Milk WITH:

Flow

THE FASTEST GROWING Milk EXPORT MARKETS FOR Canada WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Canada WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Canada's main exporting competitors in Milk were:

In 2018, Canada's main importing competitors in Milk were:

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Tariffs by Country

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In 2018, the average tariff for Canada in Milk was 187%.

The countries with the highest tariffs for Milk in Canada were Angola (Most Favoured Nation duty rate treatement, 267%), Burundi (Most Favoured Nation duty rate treatement, 267%), Benin (Most Favoured Nation duty rate treatement, 267%), Burkina Faso (Most Favoured Nation duty rate treatement, 267%), and Central African Republic (Most Favoured Nation duty rate treatement, 267%).