Bovine, Sheep, and Goat Fat in Canada | The Observatory of Economic Complexity

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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

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Overview In March 2024 Canada's Bovine, Sheep, and Goat Fat exports accounted up to C$32.3M and imports accounted up to C$1.79M, resulting in a positive trade balance of C$30.5M. Between March 2023 and March 2024 the exports of Canada's Bovine, Sheep, and Goat Fat have decreased by C$-22.6M (-41.1%) from C$54.8M to C$32.3M, while imports decreased by C$-755k (-29.7%) from C$2.54M to C$1.79M.

Destinations In March 2024, Bovine, Sheep, and Goat Fat were exported mostly to United States (C$32.2M) and Mexico (C$101k), and were imported mostly from United States (C$1.68M), New Zealand (C$110k), and China (C$60).

Growth In March 2024, the decrease in Bovine, Sheep, and Goat Fat's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the decrease in Bovine, Sheep, and Goat Fat's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

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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