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2022
Exports $21.4MWorld Rnk 25 / 154
Flag Rnk 661 / 1210
2022
Destination $132k United States
2021 - 2022
FASTEST GROWING MARKET $132kSri Lanka
2022
PRODUCT COMPLEXITY IN Coconut Oil-1.71Rnk 972 / 1025
2022
Imports $145MWorld Rnk 13 / 212
Flag Rnk 491 / 1213
2022
Origin $9.26M United States
2021 - 2022
FASTEST GROWING ORIGIN $9.26MMalaysia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $21.4M in Coconut Oil, making it the 25th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 661st most exported product in Canada. The main destination of Coconut Oil exports from Canada are: United States ($20.3M), Netherlands ($708k), Sri Lanka ($132k), Philippines ($77.3k), and Chile ($35.2k).

The fastest growing export markets for Coconut Oil of Canada between 2021 and 2022 were Sri Lanka ($132k), Philippines ($77.3k), and Netherlands ($75.6k).

Imports In 2022, Canada imported $145M in Coconut Oil, becoming the 13th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 491st most imported product in Canada. Canada imports Coconut Oil primarily from: United States ($63.5M), Philippines ($32.2M), Malaysia ($25.4M), Vietnam ($9.99M), and Indonesia ($7.66M).

The fastest growing import markets in Coconut Oil for Canada between 2021 and 2022 were Malaysia ($9.26M), United States ($8.74M), and Indonesia ($3.64M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Coconut Oil exports accounted up to C$434k and imports accounted up to C$10.5M, resulting in a negative trade balance of C$10.1M. Between August 2023 and August 2024 the exports of Canada's   Coconut Oil have increased by C$106k (32.5%) from C$327k to C$434k, while imports increased by C$1.21M (12.9%) from C$9.32M to C$10.5M.

Destinations In August 2024, Coconut Oil were exported mostly to United States (C$431k), China (C$2.48k), and France (C$65), and were imported mostly from Philippines (C$3.99M), Malaysia (C$2.77M), Indonesia (C$1.65M), Vietnam (C$710k), and United States (C$605k).

Growth In August 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Malaysia (C$623k or 27.4%), Singapore (C$229k or 1.21k%), and India (C$66.3k or 379%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$106k(32.5%)
IMPORT GROWTH (August 2023 - August 2024)C$1.21M(12.9%)
MAIN EXPORTER (August 2024)SaskatchewanC$457k
MAIN DESTINATION (August 2024)United StatesC$431k

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.4M
IMPORTS (2022)$145M
NET TRADE (2022)-$123M

In 2022, Canada exported $21.4M in Coconut Oil. The main destinations of Canada exports on Coconut Oil were United States ($20.3M), Netherlands ($708k), Sri Lanka ($132k), Philippines ($77.3k), and Chile ($35.2k).

In 2022, Canada imported $145M in Coconut Oil, mainly from United States ($63.5M), Philippines ($32.2M), Malaysia ($25.4M), Vietnam ($9.99M), and Indonesia ($7.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Sri Lanka$132k (1%)
Philippines$77.3k (1%)
Netherlands$75.6k (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Canada WERE (2021 - 2022):
United States-$4.99M (-19.7%)
Japan-$76.7k (-89.9%)
Chile-$23.4k (-40%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Coconut Oil were:
Indonesia $3.41B
Philippines $2.12B
Malaysia $1.64B
In 2022, Canada's main importing competitors in Coconut Oil were:
United States $1.51B
Netherlands $1.35B
China $1.12B

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALIndonesia+ $5.92M

Coconut Oil’s highest export potential is United States. With an export gap of $12.8M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $5.92M.

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