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2022
Exports $8.35MWorld Rnk 13 / 103
Flag Rnk 801 / 1210
2022
Destination $743k United States
2021 - 2022
FASTEST GROWING MARKET $743kSouth Korea
2022
Imports $7.27MWorld Rnk 20 / 143
Flag Rnk 999 / 1213
2022
Origin $645k United States
2021 - 2022
FASTEST GROWING ORIGIN $645kUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $8.35M in Cereal Straws, making it the 13th largest exporter of Cereal Straws in the world. At the same year, Cereal Straws was the 801st most exported product in Canada. The main destination of Cereal Straws exports from Canada are: United States ($6.57M), South Korea ($1.13M), Japan ($562k), Chinese Taipei ($39.8k), and Bahrain ($35.6k).

The fastest growing export markets for Cereal Straws of Canada between 2021 and 2022 were South Korea ($743k), Bahrain ($21.8k), and Chinese Taipei ($12.7k).

Imports In 2022, Canada imported $7.27M in Cereal Straws, becoming the 20th largest importer of Cereal Straws in the world. At the same year, Cereal Straws was the 999th most imported product in Canada. Canada imports Cereal Straws primarily from: United States ($6.92M), China ($204k), India ($116k), Mexico ($21k), and Nigeria ($1.21k).

The fastest growing import markets in Cereal Straws for Canada between 2021 and 2022 were United States ($645k), Nigeria ($1.21k), and Canada ($862).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Cereal Straws exports accounted up to C$967k and imports accounted up to C$797k, resulting in a positive trade balance of C$170k. Between June 2023 and June 2024 the exports of Canada's   Cereal Straws have decreased by C$-256k (-20.9%) from C$1.22M to C$967k, while imports increased by C$323k (68.2%) from C$474k to C$797k.

Destinations In June 2024, Cereal Straws were exported mostly to United States (C$922k) and South Korea (C$45.2k), and were imported mostly from United States (C$680k), India (C$115k), and Mexico (C$1.97k).

Growth In June 2024, the decrease in Cereal Straws's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Cereal Straws's year-by-year imports was explained primarily by an increase in imports from United States (C$29.9k or 5.39%) and Mexico (C$3.99k or 1.47k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-256k(-20.9%)
IMPORT GROWTH (June 2023 - June 2024)C$323k(68.2%)
MAIN EXPORTER (June 2024)ManitobaC$517k
MAIN DESTINATION (June 2024)United StatesC$922k

This section shows Cereal Straws'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 Straws over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.35M
IMPORTS (2022)$7.27M
NET TRADE (2022)$1.08M

In 2022, Canada exported $8.35M in Cereal Straws. The main destinations of Canada exports on Cereal Straws were United States ($6.57M), South Korea ($1.13M), Japan ($562k), Chinese Taipei ($39.8k), and Bahrain ($35.6k).

In 2022, Canada imported $7.27M in Cereal Straws, mainly from United States ($6.92M), China ($204k), India ($116k), Mexico ($21k), and Nigeria ($1.21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Straws EXPORT MARKETS FOR Canada WERE (2021 - 2022):
South Korea$743k (191%)
Bahrain$21.8k (159%)
Chinese Taipei$12.7k (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Straws BY Canada WERE (2021 - 2022):
United States-$533k (-7.5%)
Japan-$210k (-27.2%)
Saudi Arabia-$30.3k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Cereal Straws were:
Spain $88.8M
France $60.2M
Australia $56.1M
In 2022, Canada's main importing competitors in Cereal Straws were:
Switzerland $64.6M
Japan $49.6M
Netherlands $35.3M

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Trade Value of Cereal Straws by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $183k
TOP IMPORT POTENTIALIndia+ $55.4k

Cereal Straws’s highest export potential is Japan. With an export gap of $183k.   Cereal Straws’s highest import potential is India with an import gap of $55.4k.

See methodology.

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