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2023
Exports $618MWorld Rnk 19 / 199
Flag Rnk 139 / 1212
2023
Destination $1.4M United States
2022 - 2023
FASTEST GROWING MARKET $1.4MHong Kong
2023
PRODUCT COMPLEXITY IN Coffee-1.51Rnk 945 / 1025
2023
Imports $1.62BWorld Rnk 5 / 225
Flag Rnk 67 / 1211
2023
Origin $60.6M United States
2022 - 2023
FASTEST GROWING ORIGIN $60.6MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $618M in Coffee, making it the 19th largest exporter of Coffee in the world. At the same year, Coffee was the 139th most exported product in Canada. The main destination of Coffee exports from Canada are: United States ($580M), South Korea ($10.8M), China ($5.22M), Saudi Arabia ($4.38M), and Australia ($3.37M).

The fastest growing export markets for Coffee of Canada between 2022 and 2023 were Hong Kong ($1.4M), Spain ($1.06M), and Switzerland ($412k).

Imports In 2023, Canada imported $1.62B in Coffee, becoming the 5th largest importer of Coffee in the world. At the same year, Coffee was the 67th most imported product in Canada. Canada imports Coffee primarily from: United States ($541M), Colombia ($215M), Switzerland ($213M), Brazil ($146M), and Guatemala ($103M).

The fastest growing import markets in Coffee for Canada between 2022 and 2023 were United States ($60.6M), Indonesia ($12.3M), and Ethiopia ($10M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Coffee exports accounted up to C$76.7M and imports accounted up to C$218M, resulting in a negative trade balance of C$141M. Between November 2023 and November 2024 the exports of Canada's   Coffee have increased by C$5.73M (8.07%) from C$71M to C$76.7M, while imports increased by C$20.5M (10.4%) from C$198M to C$218M.

Destinations In November 2024, Coffee were exported mostly to United States (C$69.5M), South Korea (C$3.1M), Japan (C$1.46M), Australia (C$1.05M), and France (C$662k), and were imported mostly from United States (C$50.7M), Brazil (C$42.3M), Colombia (C$36.8M), Peru (C$30.4M), and Switzerland (C$19.4M).

Growth In November 2024, the increase in Coffee's year-by-year exports was explained primarily by an increase in exports to United States (C$23.2M or 53%), Hong Kong (C$1.93M or 14.6k%), and United Kingdom (C$301k or 1.58k%). In November 2024, the increase in Coffee's year-by-year imports was explained primarily by an increase in imports from United States (C$18.6M or 52.2%), Brazil (C$14.9M or 116%), and Colombia (C$9.93M or 38.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$5.73M(8.07%)
IMPORT GROWTH (November 2023 - November 2024)C$20.5M(10.4%)
MAIN EXPORTER (November 2024)OntarioC$57.1M
MAIN DESTINATION (November 2024)United StatesC$69.5M

This section shows Coffee'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 Coffee over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$618M
IMPORTS (2023)$1.62B
NET TRADE (2023)-$1.01B

In 2023, Canada exported $618M in Coffee. The main destinations of Canada exports on Coffee were United States ($580M), South Korea ($10.8M), China ($5.22M), Saudi Arabia ($4.38M), and Australia ($3.37M).

In 2023, Canada imported $1.62B in Coffee, mainly from United States ($541M), Colombia ($215M), Switzerland ($213M), Brazil ($146M), and Guatemala ($103M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Hong Kong$1.4M (572%)
Spain$1.06M (107%)
Switzerland$412k (339%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Canada WERE (2022 - 2023):
United States-$50.3M (-7.99%)
China-$3.82M (-42.3%)
United Kingdom-$2.07M (-49.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Coffee were:
Brazil $8.2B
Switzerland $3.69B
Colombia $3.19B
In 2023, Canada's main importing competitors in Coffee were:
United States $7.85B
Germany $4.06B
France $3.09B

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Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $197M
TOP IMPORT POTENTIALBrazil+ $67M

Coffee’s highest export potential is United States. With an export gap of $197M.   Coffee’s highest import potential is Brazil with an import gap of $67M.

See methodology.

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