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2022
Exports $150MWorld Rnk 2 / 145
Flag Rnk 337 / 1210
2022
Destination $3.74M Mexico
2021 - 2022
FASTEST GROWING MARKET $3.74MAlgeria
2022
PRODUCT COMPLEXITY IN Buckwheat-1.6Rnk 959 / 1025
2022
Imports $30.5MWorld Rnk 11 / 210
Flag Rnk 798 / 1213
2022
Origin $1.44M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.44MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $150M in Buckwheat, making it the 2nd largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 337th most exported product in Canada. The main destination of Buckwheat exports from Canada are: Mexico ($34.4M), United States ($25.6M), Spain ($10.1M), Algeria ($8.46M), and Colombia ($8.17M).

The fastest growing export markets for Buckwheat of Canada between 2021 and 2022 were Algeria ($3.74M), Spain ($3M), and Morocco ($1.66M).

Imports In 2022, Canada imported $30.5M in Buckwheat, becoming the 11th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 798th most imported product in Canada. Canada imports Buckwheat primarily from: United States ($10.5M), Peru ($9.07M), Bolivia ($4.03M), China ($1.39M), and India ($994k).

The fastest growing import markets in Buckwheat for Canada between 2021 and 2022 were United States ($1.44M), Ethiopia ($326k), and Ukraine ($219k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Buckwheat exports accounted up to C$9.67M and imports accounted up to C$3.28M, resulting in a positive trade balance of C$6.38M. Between August 2023 and August 2024 the exports of Canada's   Buckwheat have increased by C$3.15M (48.4%) from C$6.51M to C$9.67M, while imports decreased by C$-823k (-20%) from C$4.11M to C$3.28M.

Destinations In August 2024, Buckwheat were exported mostly to United States (C$2.46M), Mexico (C$2.36M), Algeria (C$915k), Spain (C$777k), and Indonesia (C$478k), and were imported mostly from Bolivia (C$849k), United States (C$749k), Peru (C$420k), Ethiopia (C$383k), and China (C$329k).

Growth In August 2024, the increase in Buckwheat's year-by-year exports was explained primarily by an increase in exports to Mexico (C$2.02M or 65.8%), Belgium (C$1.59M or 804%), and Turkey (C$612k or 1.76k%). In August 2024, the decrease in Buckwheat's year-by-year imports was explained primarily by a decrease in imports from United States (C$-359k or -33.4%), Bolivia (C$-334k or -37.8%), and South Africa (C$-217k or -91.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$3.15M(48.4%)
IMPORT GROWTH (August 2023 - August 2024)C$-823k(-20%)
MAIN EXPORTER (August 2024)SaskatchewanC$19.9M
MAIN DESTINATION (August 2024)United StatesC$2.46M

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$150M
IMPORTS (2022)$30.5M
NET TRADE (2022)$119M

In 2022, Canada exported $150M in Buckwheat. The main destinations of Canada exports on Buckwheat were Mexico ($34.4M), United States ($25.6M), Spain ($10.1M), Algeria ($8.46M), and Colombia ($8.17M).

In 2022, Canada imported $30.5M in Buckwheat, mainly from United States ($10.5M), Peru ($9.07M), Bolivia ($4.03M), China ($1.39M), and India ($994k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Algeria$3.74M (79.1%)
Spain$3M (42.4%)
Morocco$1.66M (73.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Canada WERE (2021 - 2022):
Belgium-$5.42M (-42.5%)
Brazil-$2.04M (-74.3%)
Ethiopia-$1.42M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Buckwheat were:
Poland $227M
France $99M
In 2022, Canada's main importing competitors in Buckwheat were:
Germany $231M
Spain $98M
United States $97.6M

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.45M
TOP IMPORT POTENTIALUnited States+ $1.37M

Buckwheat’s highest export potential is United States. With an export gap of $8.45M.   Buckwheat’s highest import potential is United States with an import gap of $1.37M.

See methodology.

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