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2022
Exports $84.6MWorld Rnk 26 / 196
Flag Rnk 414 / 1210
2022
Destination $6.29M United States
2021 - 2022
FASTEST GROWING MARKET $6.29MUnited States
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $2.17BWorld Rnk 4 / 225
Flag Rnk 46 / 1213
2022
Origin $13M France
2021 - 2022
FASTEST GROWING ORIGIN $13MNew Zealand
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $84.6M in Wine, making it the 26th largest exporter of Wine in the world. At the same year, Wine was the 414th most exported product in Canada. The main destination of Wine exports from Canada are: United States ($68.3M), China ($7.13M), United Kingdom ($1.67M), South Korea ($1.36M), and Japan ($1.04M).

The fastest growing export markets for Wine of Canada between 2021 and 2022 were United States ($6.29M), Singapore ($393k), and United Kingdom ($377k).

Imports In 2022, Canada imported $2.17B in Wine, becoming the 4th largest importer of Wine in the world. At the same year, Wine was the 46th most imported product in Canada. Canada imports Wine primarily from: France ($550M), United States ($484M), Italy ($458M), Australia ($154M), and Spain ($126M).

The fastest growing import markets in Wine for Canada between 2021 and 2022 were New Zealand ($13M), Australia ($11.8M), and Italy ($3.29M).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Wine from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Wine exports accounted up to C$7.44M and imports accounted up to C$216M, resulting in a negative trade balance of C$209M. Between June 2023 and June 2024 the exports of Canada's   Wine have decreased by C$-4.31M (-36.7%) from C$11.7M to C$7.44M, while imports decreased by C$-18.4M (-7.82%) from C$235M to C$216M.

Destinations In June 2024, Wine were exported mostly to United States (C$6.46M), Hong Kong (C$284k), Japan (C$164k), Singapore (C$151k), and South Korea (C$132k), and were imported mostly from France (C$55.4M), United States (C$42.3M), Italy (C$40.5M), Australia (C$15.9M), and New Zealand (C$12.8M).

Growth In June 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to France (C$-13.1k or -81.4%). In June 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from Italy (C$-15.9M or -31.5%), Australia (C$-8.6M or -44.9%), and South Africa (C$-2.95M or -45.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-4.31M(-36.7%)
IMPORT GROWTH (June 2023 - June 2024)C$-18.4M(-7.82%)
MAIN EXPORTER (June 2024)QuebecC$5.59M
MAIN DESTINATION (June 2024)United StatesC$6.46M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$84.6M
IMPORTS (2022)$2.17B
NET TRADE (2022)-$2.08B

In 2022, Canada exported $84.6M in Wine. The main destinations of Canada exports on Wine were United States ($68.3M), China ($7.13M), United Kingdom ($1.67M), South Korea ($1.36M), and Japan ($1.04M).

In 2022, Canada imported $2.17B in Wine, mainly from France ($550M), United States ($484M), Italy ($458M), Australia ($154M), and Spain ($126M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$6.29M (10.2%)
Singapore$393k (205%)
United Kingdom$377k (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Canada WERE (2021 - 2022):
Hong Kong-$1.53M (-62.3%)
Italy-$285k (-94.1%)
China-$272k (-3.68%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Canada's main importing competitors in Wine were:
United States $6.79B
United Kingdom $4.67B
Germany $3.02B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.5M
TOP IMPORT POTENTIALUnited States+ $39M

Wine’s highest export potential is United States. With an export gap of $45.5M.   Wine’s highest import potential is United States with an import gap of $39M.

See methodology.

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