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2022
Exports $3.51MWorld Rnk 20 / 138
Flag Rnk 2274 / 4485
2022
Destination $24.9k United States
2021 - 2022
FASTEST GROWING MARKET $24.9kChile
2022
Imports $49.4MWorld Rnk 3 / 218
Flag Rnk 1426 / 4548
2022
Origin $1.78M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.78MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.51M in Soya sauce, making it the 20th largest exporter of Soya sauce in the world. At the same year, Soya sauce was the 2274th most exported product in Canada. The main destination of Soya sauce exports from Canada are: United States ($3.28M), Chile ($103k), Netherlands ($25.5k), Israel ($16.2k), and Mexico ($15.7k).

The fastest growing export markets for Soya sauce of Canada between 2021 and 2022 were Chile ($24.9k), Canada ($8.23k), and Mexico ($3.98k).

Imports In 2022, Canada imported $49.4M in Soya sauce, becoming the 3rd largest importer of Soya sauce in the world. At the same year, Soya sauce was the 1426th most imported product in Canada. Canada imports Soya sauce primarily from: United States ($34.8M), China ($8.22M), Philippines ($1.61M), South Korea ($1.56M), and Chinese Taipei ($1.03M).

The fastest growing import markets in Soya sauce for Canada between 2021 and 2022 were United States ($1.78M), China ($1.11M), and Philippines ($515k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (185), Costco Wholesale (141), and Walmart (94) were at the forefront of shipping Soya sauce from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Soya sauce exports accounted up to C$1.68M and imports accounted up to C$5.86M, resulting in a negative trade balance of C$4.18M. Between June 2023 and June 2024 the exports of Canada's   Soya sauce have increased by C$326k (24.1%) from C$1.35M to C$1.68M, while imports decreased by C$-687k (-10.5%) from C$6.55M to C$5.86M.

Destinations In June 2024, Soya sauce were exported mostly to United States (C$1.56M), Mexico (C$70.7k), United Kingdom (C$40.3k), and France (C$136), and were imported mostly from United States (C$3.55M), China (C$1.42M), Japan (C$218k), Philippines (C$214k), and South Korea (C$204k).

Growth In June 2024, the increase in Soya sauce's year-by-year exports was explained primarily by an increase in exports to United States (C$147k or 42.9%) and France (C$34 or 136%). In June 2024, the decrease in Soya sauce's year-by-year imports was explained primarily by a decrease in imports from Philippines (C$-235k or -75.2%), Japan (C$-69.1k or -44.2%), and Indonesia (C$-61.3k or -90.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$326k(24.1%)
IMPORT GROWTH (June 2023 - June 2024)C$-687k(-10.5%)
MAIN DESTINATION (June 2024)United StatesC$1.56M

This section shows Soya sauce'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 Soya sauce over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Soya sauce throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.51M
IMPORTS (2022)$49.4M
NET TRADE (2022)-$45.9M

In 2022, Canada exported $3.51M in Soya sauce. The main destinations of Canada exports on Soya sauce were United States ($3.28M), Chile ($103k), Netherlands ($25.5k), Israel ($16.2k), and Mexico ($15.7k).

In 2022, Canada imported $49.4M in Soya sauce, mainly from United States ($34.8M), China ($8.22M), Philippines ($1.61M), South Korea ($1.56M), and Chinese Taipei ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soya sauce EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Chile$24.9k (32%)
Canada$8.23k (11.3k%)
Mexico$3.98k (33.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soya sauce BY Canada WERE (2021 - 2022):
United States-$121k (-3.55%)
Egypt-$102k (-100%)
Netherlands-$82.2k (-76.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Soya sauce were:
China $221M
Netherlands $135M
Japan $83.5M
In 2022, Canada's main importing competitors in Soya sauce were:
United States $121M
Germany $49.8M

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Trade Value of Soya sauce by Exporters

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