2023
Exports
$25.7MWorld Rnk 30 / 197
Flag Rnk 604 / 1212
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$130MWorld Rnk 17 / 224
Flag Rnk 500 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $25.7M in Tea, making it the 30th largest exporter of Tea in the world. At the same year, Tea was the 604th most exported product in Canada. The main destination of Tea exports from Canada are: United States ($22.8M), United Kingdom ($1.06M), Ireland ($293k), Mexico ($190k), and Hong Kong ($134k).

The fastest growing export markets for Tea of Canada between 2022 and 2023 were United Kingdom ($424k), Ireland ($159k), and Jamaica ($84k).

Imports In 2023, Canada imported $130M in Tea, becoming the 17th largest importer of Tea in the world. At the same year, Tea was the 500th most imported product in Canada. Canada imports Tea primarily from: United States ($34.4M), United Kingdom ($19.1M), India ($17.1M), China ($14.3M), and Japan ($9.14M).

The fastest growing import markets in Tea for Canada between 2022 and 2023 were United Arab Emirates ($3.97M), Kenya ($836k), and Sri Lanka ($464k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$818k(26.1%)
IMPORT GROWTH (November 2023 - November 2024)C$-3.81M(-22.3%)
MAIN EXPORTER (November 2024)OntarioC$2.98M
MAIN DESTINATION (November 2024)United StatesC$3.78M

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.7M
IMPORTS (2023)$130M
NET TRADE (2023)-$105M

In 2023, Canada exported $25.7M in Tea. The main destinations of Canada exports on Tea were United States ($22.8M), United Kingdom ($1.06M), Ireland ($293k), Mexico ($190k), and Hong Kong ($134k).

In 2023, Canada imported $130M in Tea, mainly from United States ($34.4M), United Kingdom ($19.1M), India ($17.1M), China ($14.3M), and Japan ($9.14M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Kingdom$424k (67.2%)
Ireland$159k (119%)
Jamaica$84k (1.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Canada WERE (2022 - 2023):
United States-$796k (-3.37%)
Chile-$236k (-91%)
Argentina-$196k (-93.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Canada's main importing competitors in Tea were:

Explore Visualizations

Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.76M
TOP IMPORT POTENTIALChina+ $5.97M

Tea’s highest export potential is United States. With an export gap of $7.76M.   Tea’s highest import potential is China with an import gap of $5.97M.

See methodology.

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