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Pricing

2023
Exports $216MWorld Rnk 13 / 143
Flag Rnk 258 / 1212
2023
Destination $6.05M United States
2022 - 2023
FASTEST GROWING MARKET $6.05MNetherlands
2023
PRODUCT COMPLEXITY IN Alcohol > 80% ABV-0.93Rnk 811 / 1025
2023
Imports $1.69BWorld Rnk 2 / 205
Flag Rnk 61 / 1211
2023
Origin $202M United States
2022 - 2023
FASTEST GROWING ORIGIN $202MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $216M in Alcohol > 80% ABV, making it the 13th largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 258th most exported product in Canada. The main destination of Alcohol > 80% ABV exports from Canada are: United States ($114M), Netherlands ($77.2M), Ghana ($2.45M), Ireland ($2.39M), and France ($2.32M).

The fastest growing export markets for Alcohol > 80% ABV of Canada between 2022 and 2023 were Netherlands ($6.05M), Cameroon ($2.13M), and Angola ($1.33M).

Imports In 2023, Canada imported $1.69B in Alcohol > 80% ABV, becoming the 2nd largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 61st most imported product in Canada. Canada imports Alcohol > 80% ABV primarily from: United States ($1.66B), Jamaica ($8.94M), Barbados ($7.16M), Guyana ($5.96M), and Brazil ($1.57M).

The fastest growing import markets in Alcohol > 80% ABV for Canada between 2022 and 2023 were United States ($202M), Jamaica ($1.94M), and Barbados ($1.72M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Alcohol > 80% ABV from Canada to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Canada's Alcohol > 80% ABV exports accounted up to C$29.8M and imports accounted up to C$159M, resulting in a negative trade balance of C$129M. Between November 2023 and November 2024 the exports of Canada's   Alcohol > 80% ABV have increased by C$2.13M (7.69%) from C$27.7M to C$29.8M, while imports decreased by C$-11.5M (-6.77%) from C$171M to C$159M.

Destinations In November 2024, Alcohol > 80% ABV were exported mostly to Netherlands (C$14.7M), United States (C$11.5M), Liberia (C$850k), Togo (C$413k), and Israel (C$315k), and were imported mostly from United States (C$158M), Jamaica (C$451k), France (C$76.2k), Japan (C$17.2k), and Colombia (C$5.08k).

Growth In November 2024, the increase in Alcohol > 80% ABV's year-by-year exports was explained primarily by an increase in exports to United States (C$422k or 3.57%), Sierra Leone (C$60k or 40.6%), and Israel (C$37.1k or 27.9%). In November 2024, the decrease in Alcohol > 80% ABV's year-by-year imports was explained primarily by a decrease in imports from Barbados (C$-325k or -58.8%), France (C$-109k or -99.5%), and Guyana (C$-58.2k or -10.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$2.13M(7.69%)
IMPORT GROWTH (November 2023 - November 2024)C$-11.5M(-6.77%)
MAIN EXPORTER (November 2024)OntarioC$33.9M
MAIN DESTINATION (November 2024)NetherlandsC$14.7M

This section shows Alcohol > 80% ABV'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 Alcohol > 80% ABV over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$216M
IMPORTS (2023)$1.69B
NET TRADE (2023)-$1.47B

In 2023, Canada exported $216M in Alcohol > 80% ABV. The main destinations of Canada exports on Alcohol > 80% ABV were United States ($114M), Netherlands ($77.2M), Ghana ($2.45M), Ireland ($2.39M), and France ($2.32M).

In 2023, Canada imported $1.69B in Alcohol > 80% ABV, mainly from United States ($1.66B), Jamaica ($8.94M), Barbados ($7.16M), Guyana ($5.96M), and Brazil ($1.57M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Netherlands$6.05M (8.5%)
Cameroon$2.13M (1.22k%)
Angola$1.33M (301%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY Canada WERE (2022 - 2023):
France-$11.1M (-82.7%)
United States-$4.28M (-3.6%)
Ghana-$1.39M (-36.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Alcohol > 80% ABV were:
United States $3.99B
Brazil $2.32B
Netherlands $1.74B
In 2023, Canada's main importing competitors in Alcohol > 80% ABV were:
Netherlands $1.92B
Germany $1.34B

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.1M
TOP IMPORT POTENTIALBrazil+ $10.4M

Alcohol > 80% ABV’s highest export potential is United States. With an export gap of $20.1M.   Alcohol > 80% ABV’s highest import potential is Brazil with an import gap of $10.4M.

See methodology.

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