Coffee and Tea Extracts in   Canada

Overview In October 2024 Canada's Coffee and Tea Extracts exports accounted up to C$6.74M and imports accounted up to C$23.2M, resulting in a negative trade balance of C$16.5M. Between October 2023 and October 2024 the exports of Canada's   Coffee and Tea Extracts have decreased by C$-2.18M (-24.4%) from C$8.92M to C$6.74M, while imports decreased by C$-6.42M (-21.7%) from C$29.6M to C$23.2M.

Destinations In October 2024, Coffee and Tea Extracts were exported mostly to United States (C$6.22M), Germany (C$435k), Saudi Arabia (C$56.6k), United Kingdom (C$16.3k), and Cote d'Ivoire (C$8.59k), and were imported mostly from United States (C$10.8M), Brazil (C$5.06M), Japan (C$1.17M), Spain (C$823k), and South Korea (C$759k).

Growth In October 2024, the decrease in Coffee and Tea Extracts's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (C$-41.3k or -84.2%) and China (C$-3.55k or -93.9%). In October 2024, the decrease in Coffee and Tea Extracts's year-by-year imports was explained primarily by a decrease in imports from South Korea (C$-298k or -55.9%), China (C$-227k or -37.7%), and Malaysia (C$-148k or -79.3%).