2022
Exports
$450MWorld Rnk 2 / 93
Flag Rnk 179 / 1210
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2022
Imports
$108MWorld Rnk 7 / 156
Flag Rnk 549 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $450M in Bovine, Sheep, and Goat Fat, making it the 2nd largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 179th most exported product in Canada. The main destination of Bovine, Sheep, and Goat Fat exports from Canada are: United States ($437M), Japan ($8.59M), Singapore ($2.99M), Canada ($1.03M), and Mexico ($851k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Canada between 2021 and 2022 were United States ($157M), Japan ($1.1M), and Canada ($1.03M).

Imports In 2022, Canada imported $108M in Bovine, Sheep, and Goat Fat, becoming the 7th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 549th most imported product in Canada. Canada imports Bovine, Sheep, and Goat Fat primarily from: United States ($106M), Canada ($1.03M), New Zealand ($575k), Australia ($434k), and United Kingdom ($10.3k).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Canada between 2021 and 2022 were United States ($21.8M), Canada ($1.03M), and New Zealand ($350k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)C$-22.6M(-41.1%)
IMPORT GROWTH (March 2023 - March 2024)C$-755k(-29.7%)
MAIN EXPORTER (March 2024)British ColumbiaC$20M
MAIN DESTINATION (March 2024)United StatesC$32.2M

This section shows Bovine, Sheep, and Goat Fat'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 Bovine, Sheep, and Goat Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$450M
IMPORTS (2022)$108M
NET TRADE (2022)$343M

In 2022, Canada exported $450M in Bovine, Sheep, and Goat Fat. The main destinations of Canada exports on Bovine, Sheep, and Goat Fat were United States ($437M), Japan ($8.59M), Singapore ($2.99M), Canada ($1.03M), and Mexico ($851k).

In 2022, Canada imported $108M in Bovine, Sheep, and Goat Fat, mainly from United States ($106M), Canada ($1.03M), New Zealand ($575k), Australia ($434k), and United Kingdom ($10.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$157M (55.9%)
Japan$1.1M (14.7%)
Canada$1.03M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Canada WERE (2021 - 2022):
Singapore-$9.04M (-75.2%)
South Korea-$3.39M (-100%)
Philippines-$97.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Canada's main importing competitors in Bovine, Sheep, and Goat Fat were:

Explore Visualizations

Trade Value of Bovine, Sheep, and Goat Fat by Exporters

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