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2023
Exports $1.63MWorld Rnk 54 / 127
Flag Rnk 959 / 1212
2023
Destination $379k United States
2022 - 2023
FASTEST GROWING MARKET $379kUruguay
2023
PRODUCT COMPLEXITY IN Sheep and Goat Meat-1.56Rnk 952 / 1025
2023
Imports $200MWorld Rnk 11 / 218
Flag Rnk 388 / 1211
2023
Origin $149k Australia
2022 - 2023
FASTEST GROWING ORIGIN $149kTurkey
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.63M in Sheep and Goat Meat, making it the 54th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 959th most exported product in Canada. The main destination of Sheep and Goat Meat exports from Canada are: United States ($843k), Uruguay ($379k), Ireland ($150k), Samoa ($139k), and Barbados ($55.7k).

The fastest growing export markets for Sheep and Goat Meat of Canada between 2022 and 2023 were Uruguay ($379k), Ireland ($150k), and Samoa ($139k).

Imports In 2023, Canada imported $200M in Sheep and Goat Meat, becoming the 11th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 388th most imported product in Canada. Canada imports Sheep and Goat Meat primarily from: Australia ($104M), New Zealand ($80.5M), Ireland ($7.2M), Uruguay ($3.53M), and United Kingdom ($3.09M).

The fastest growing import markets in Sheep and Goat Meat for Canada between 2022 and 2023 were Turkey ($149k), Germany ($10.7k), and Spain ($2.74k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Sheep and Goat Meat exports accounted up to C$200k and imports accounted up to C$30.8M, resulting in a negative trade balance of C$30.6M. Between November 2023 and November 2024 the exports of Canada's   Sheep and Goat Meat have increased by C$57.3k (40.2%) from C$143k to C$200k, while imports decreased by C$-61k (-0.2%) from C$30.9M to C$30.8M.

Destinations In November 2024, Sheep and Goat Meat were exported mostly to United States (C$186k) and Saint Pierre and Miquelon (C$13.4k), and were imported mostly from Australia (C$19.8M), New Zealand (C$10.2M), Ireland (C$415k), Uruguay (C$256k), and United Kingdom (C$188k).

Growth In November 2024, the increase in Sheep and Goat Meat's year-by-year exports was explained primarily by an increase in exports to Saint Pierre and Miquelon (C$11.4k or 1.26k%). In November 2024, the decrease in Sheep and Goat Meat's year-by-year imports was explained primarily by a decrease in imports from Australia (C$-7.13M or -40.5%), United Kingdom (C$-509k or -79%), and Ireland (C$-68.4k or -5.38%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$57.3k(40.2%)
IMPORT GROWTH (November 2023 - November 2024)C$-61k(-0.2%)
MAIN EXPORTER (November 2024)QuebecC$159k
MAIN DESTINATION (November 2024)United StatesC$186k

This section shows Sheep and Goat Meat'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 Sheep and Goat Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.63M
IMPORTS (2023)$200M
NET TRADE (2023)-$198M

In 2023, Canada exported $1.63M in Sheep and Goat Meat. The main destinations of Canada exports on Sheep and Goat Meat were United States ($843k), Uruguay ($379k), Ireland ($150k), Samoa ($139k), and Barbados ($55.7k).

In 2023, Canada imported $200M in Sheep and Goat Meat, mainly from Australia ($104M), New Zealand ($80.5M), Ireland ($7.2M), Uruguay ($3.53M), and United Kingdom ($3.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Uruguay$379k (1%)
Ireland$150k (1%)
Samoa$139k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY Canada WERE (2022 - 2023):
United States-$234k (-21.7%)
United Arab Emirates-$62.1k (-100%)
Qatar-$9.01k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Sheep and Goat Meat were:
Australia $3.26B
New Zealand $2.35B
United Kingdom $735M
In 2023, Canada's main importing competitors in Sheep and Goat Meat were:
China $1.72B
United States $1.23B
France $941M

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.48M
TOP IMPORT POTENTIALUnited Kingdom+ $2.86M

Sheep and Goat Meat’s highest export potential is United States. With an export gap of $1.48M.   Sheep and Goat Meat’s highest import potential is United Kingdom with an import gap of $2.86M.

See methodology.

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