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2022
Exports $220MWorld Rnk 1 / 149
Flag Rnk 259 / 1210
2022
Destination $69.8M United States
2021 - 2022
FASTEST GROWING MARKET $69.8MUnited States
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.07Rnk 850 / 1025
2022
Imports $34.9MWorld Rnk 13 / 211
Flag Rnk 769 / 1213
2022
Origin $4.25M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.25MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $220M in Cereal Meal and Pellets, making it the 1st largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 259th most exported product in Canada. The main destination of Cereal Meal and Pellets exports from Canada are: United States ($203M), Mexico ($12.6M), Malaysia ($3M), Canada ($514k), and Trinidad and Tobago ($456k).

The fastest growing export markets for Cereal Meal and Pellets of Canada between 2021 and 2022 were United States ($69.8M), Malaysia ($2.92M), and Canada ($329k).

Imports In 2022, Canada imported $34.9M in Cereal Meal and Pellets, becoming the 13th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 769th most imported product in Canada. Canada imports Cereal Meal and Pellets primarily from: United States ($31M), Italy ($677k), Canada ($514k), Mexico ($472k), and Morocco ($439k).

The fastest growing import markets in Cereal Meal and Pellets for Canada between 2021 and 2022 were United States ($4.25M), Canada ($329k), and Mexico ($229k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Cereal Meal and Pellets exports accounted up to C$20.9M and imports accounted up to C$4.73M, resulting in a positive trade balance of C$16.2M. Between June 2023 and June 2024 the exports of Canada's   Cereal Meal and Pellets have decreased by C$-2.65M (-11.2%) from C$23.6M to C$20.9M, while imports increased by C$7.94k (0.17%) from C$4.72M to C$4.73M.

Destinations In June 2024, Cereal Meal and Pellets were exported mostly to United States (C$19.3M), Mexico (C$1.47M), Trinidad and Tobago (C$41.9k), Japan (C$33.1k), and United States Minor Outlying Islands (C$28.1k), and were imported mostly from United States (C$4.38M), Italy (C$82.7k), Mexico (C$72.5k), India (C$47k), and Turkey (C$21.2k).

Growth In June 2024, the decrease in Cereal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to China (C$-45.6k or -88%). In June 2024, the increase in Cereal Meal and Pellets's year-by-year imports was explained primarily by an increase in imports from United States (C$1.12M or 48.2%), Canada (C$189k or 2.69k%), and Italy (C$39.7k or 66.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-2.65M(-11.2%)
IMPORT GROWTH (June 2023 - June 2024)C$7.94k(0.17%)
MAIN EXPORTER (June 2024)SaskatchewanC$10.7M
MAIN DESTINATION (June 2024)United StatesC$19.3M

This section shows Cereal Meal and Pellets'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 Cereal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$220M
IMPORTS (2022)$34.9M
NET TRADE (2022)$186M

In 2022, Canada exported $220M in Cereal Meal and Pellets. The main destinations of Canada exports on Cereal Meal and Pellets were United States ($203M), Mexico ($12.6M), Malaysia ($3M), Canada ($514k), and Trinidad and Tobago ($456k).

In 2022, Canada imported $34.9M in Cereal Meal and Pellets, mainly from United States ($31M), Italy ($677k), Canada ($514k), Mexico ($472k), and Morocco ($439k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$69.8M (52.5%)
Malaysia$2.92M (3.96k%)
Canada$329k (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Canada WERE (2021 - 2022):
Mexico-$8.93M (-41.4%)
Japan-$756k (-84.6%)
Jamaica-$572k (-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 Cereal Meal and Pellets were:
Italy $141M
Turkey $124M
In 2022, Canada's main importing competitors in Cereal Meal and Pellets were:
United States $256M
Malaysia $137M
Germany $86.1M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $802k
TOP IMPORT POTENTIALIndia+ $521k

Cereal Meal and Pellets’s highest export potential is Malaysia. With an export gap of $802k.   Cereal Meal and Pellets’s highest import potential is India with an import gap of $521k.

See methodology.

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