2023
Exports
$576kWorld Rnk 60 / 160
Flag Rnk 1059 / 1212
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$267MWorld Rnk 10 / 221
Flag Rnk 335 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $576k in Pure Olive Oil, making it the 60th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1059th most exported product in Canada. The main destination of Pure Olive Oil exports from Canada are: United States ($342k), Singapore ($91.4k), Guyana ($50.6k), United Arab Emirates ($49.4k), and Bangladesh ($11k).

The fastest growing export markets for Pure Olive Oil of Canada between 2022 and 2023 were Bangladesh ($11k), Guyana ($7.03k), and Japan ($2.64k).

Imports In 2023, Canada imported $267M in Pure Olive Oil, becoming the 10th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 335th most imported product in Canada. Canada imports Pure Olive Oil primarily from: Italy ($89M), Spain ($75.4M), Tunisia ($61.2M), Greece ($11.9M), and Turkey ($10.4M).

The fastest growing import markets in Pure Olive Oil for Canada between 2022 and 2023 were Turkey ($4.61M), United States ($1.52M), and Greece ($1.16M).

COMPANIES In 2023, leading companies such as Certified Origins (8) were at the forefront of shipping Pure Olive Oil from Canada to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-30k(-45.7%)
IMPORT GROWTH (November 2023 - November 2024)C$-2.23M(-5.33%)
MAIN EXPORTER (November 2024)OntarioC$49.6k
MAIN DESTINATION (November 2024)SingaporeC$19.1k

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$576k
IMPORTS (2023)$267M
NET TRADE (2023)-$266M

In 2023, Canada exported $576k in Pure Olive Oil. The main destinations of Canada exports on Pure Olive Oil were United States ($342k), Singapore ($91.4k), Guyana ($50.6k), United Arab Emirates ($49.4k), and Bangladesh ($11k).

In 2023, Canada imported $267M in Pure Olive Oil, mainly from Italy ($89M), Spain ($75.4M), Tunisia ($61.2M), Greece ($11.9M), and Turkey ($10.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Bangladesh$11k (1%)
Guyana$7.03k (16.1%)
Japan$2.64k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Canada WERE (2022 - 2023):
United States-$993k (-74.4%)
Italy-$125k (-100%)
Chinese Taipei-$84.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Canada's main importing competitors in Pure Olive Oil were:

Explore Visualizations

Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.95M
TOP IMPORT POTENTIALSpain+ $3.23M

Pure Olive Oil’s highest export potential is United States. With an export gap of $3.95M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $3.23M.

See methodology.

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