2022
Exports
$35.7MWorld Rnk 21 / 197
Flag Rnk 562 / 1210
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$138MWorld Rnk 17 / 223
Flag Rnk 510 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $35.7M in Tea, making it the 21st largest exporter of Tea in the world. At the same year, Tea was the 562nd most exported product in Canada. The main destination of Tea exports from Canada are: United States ($27.9M), Canada ($3.34M), United Kingdom ($2.15M), Mexico ($319k), and Hong Kong ($233k).

The fastest growing export markets for Tea of Canada between 2021 and 2022 were United Kingdom ($1.86M), Mexico ($299k), and Argentina ($205k).

Imports In 2022, Canada imported $138M in Tea, becoming the 17th largest importer of Tea in the world. At the same year, Tea was the 510th most imported product in Canada. Canada imports Tea primarily from: United States ($41.5M), India ($19.6M), United Kingdom ($17M), China ($12.8M), and Japan ($10.5M).

The fastest growing import markets in Tea for Canada between 2021 and 2022 were India ($2.29M), Japan ($1.57M), and United Arab Emirates ($1.02M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$440k(16.2%)
IMPORT GROWTH (August 2023 - August 2024)C$1.06M(7.3%)
MAIN EXPORTER (August 2024)OntarioC$2.98M
MAIN DESTINATION (August 2024)United StatesC$2.95M

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 (2022)$35.7M
IMPORTS (2022)$138M
NET TRADE (2022)-$102M

In 2022, Canada exported $35.7M in Tea. The main destinations of Canada exports on Tea were United States ($27.9M), Canada ($3.34M), United Kingdom ($2.15M), Mexico ($319k), and Hong Kong ($233k).

In 2022, Canada imported $138M in Tea, mainly from United States ($41.5M), India ($19.6M), United Kingdom ($17M), China ($12.8M), and Japan ($10.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United Kingdom$1.86M (631%)
Mexico$299k (1.5k%)
Argentina$205k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Canada WERE (2021 - 2022):
United States-$640k (-2.25%)
Morocco-$460k (-89.5%)
Ireland-$195k (-64%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, 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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