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2022
Exports $137MWorld Rnk 11 / 117
Flag Rnk 347 / 1210
2022
Destination $12.1M United States
2021 - 2022
FASTEST GROWING MARKET $12.1MUnited States
2022
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 408 / 1025
2022
Imports $89.7MWorld Rnk 21 / 198
Flag Rnk 593 / 1213
2022
Origin $22.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $22.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $137M in Whey and other milk products, making it the 11th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 347th most exported product in Canada. The main destination of Whey and other milk products exports from Canada are: United States ($51.9M), Egypt ($25.8M), Philippines ($7.92M), South Korea ($6.72M), and Japan ($5.36M).

The fastest growing export markets for Whey and other milk products of Canada between 2021 and 2022 were United States ($12.1M), Egypt ($8.78M), and Singapore ($4.21M).

Imports In 2022, Canada imported $89.7M in Whey and other milk products, becoming the 21st largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 593rd most imported product in Canada. Canada imports Whey and other milk products primarily from: United States ($76.4M), New Zealand ($5.69M), Australia ($3.09M), Argentina ($2.05M), and United Arab Emirates ($821k).

The fastest growing import markets in Whey and other milk products for Canada between 2021 and 2022 were United States ($22.5M), Argentina ($2.05M), and Australia ($1.58M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Whey and other milk products exports accounted up to C$11.7M and imports accounted up to C$10.5M, resulting in a positive trade balance of C$1.26M. Between August 2023 and August 2024 the exports of Canada's   Whey and other milk products have increased by C$2.44M (26.3%) from C$9.3M to C$11.7M, while imports decreased by C$-852k (-7.52%) from C$11.3M to C$10.5M.

Destinations In August 2024, Whey and other milk products were exported mostly to United States (C$5.55M), Japan (C$1.14M), Egypt (C$1.1M), United Arab Emirates (C$949k), and Vietnam (C$599k), and were imported mostly from United States (C$7.77M), New Zealand (C$2.07M), Australia (C$283k), France (C$165k), and Argentina (C$88.5k).

Growth In August 2024, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to United States (C$3.09M or 51.6%), Philippines (C$1.07M or 228%), and Morocco (C$514k or 334%). In August 2024, the decrease in Whey and other milk products's year-by-year imports was explained primarily by a decrease in imports from New Zealand (C$-10.6k or -3.28%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$2.44M(26.3%)
IMPORT GROWTH (August 2023 - August 2024)C$-852k(-7.52%)
MAIN EXPORTER (August 2024)OntarioC$9.6M
MAIN DESTINATION (August 2024)United StatesC$5.55M

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$137M
IMPORTS (2022)$89.7M
NET TRADE (2022)$47.1M

In 2022, Canada exported $137M in Whey and other milk products. The main destinations of Canada exports on Whey and other milk products were United States ($51.9M), Egypt ($25.8M), Philippines ($7.92M), South Korea ($6.72M), and Japan ($5.36M).

In 2022, Canada imported $89.7M in Whey and other milk products, mainly from United States ($76.4M), New Zealand ($5.69M), Australia ($3.09M), Argentina ($2.05M), and United Arab Emirates ($821k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$12.1M (30.3%)
Egypt$8.78M (51.7%)
Singapore$4.21M (504%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Canada WERE (2021 - 2022):
Malaysia-$1.33M (-100%)
Greece-$562k (-50.9%)
Chile-$534k (-68.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Whey and other milk products were:
United States $1.06B
Germany $786M
Netherlands $654M
In 2022, Canada's main importing competitors in Whey and other milk products were:
China $1.01B
Netherlands $656M
Germany $366M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.7M
TOP IMPORT POTENTIALUnited States+ $10.7M

Whey and other milk products’s highest export potential is United States. With an export gap of $14.7M.   Whey and other milk products’s highest import potential is United States with an import gap of $10.7M.

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