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2022
Exports $118MWorld Rnk 28 / 166
Flag Rnk 368 / 1210
2022
Destination $21.7M Egypt
2021 - 2022
FASTEST GROWING MARKET $21.7MEgypt
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $21MWorld Rnk 99 / 224
Flag Rnk 857 / 1213
2022
Origin $1.24M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.24MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $118M in Concentrated Milk, making it the 28th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 368th most exported product in Canada. The main destination of Concentrated Milk exports from Canada are: Egypt ($33.1M), Algeria ($23.5M), Malaysia ($10M), United Arab Emirates ($6.31M), and Singapore ($6.07M).

The fastest growing export markets for Concentrated Milk of Canada between 2021 and 2022 were Egypt ($21.7M), Algeria ($9.87M), and Singapore ($5.06M).

Imports In 2022, Canada imported $21M in Concentrated Milk, becoming the 99th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 857th most imported product in Canada. Canada imports Concentrated Milk primarily from: United States ($14.7M), South Korea ($1.47M), United Arab Emirates ($1.33M), Philippines ($760k), and New Zealand ($567k).

The fastest growing import markets in Concentrated Milk for Canada between 2021 and 2022 were United Arab Emirates ($1.24M), Philippines ($659k), and New Zealand ($366k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Concentrated Milk exports accounted up to C$6.27M and imports accounted up to C$2.07M, resulting in a positive trade balance of C$4.2M. Between August 2023 and August 2024 the exports of Canada's   Concentrated Milk have increased by C$3.42M (120%) from C$2.85M to C$6.27M, while imports increased by C$490k (31%) from C$1.58M to C$2.07M.

Destinations In August 2024, Concentrated Milk were exported mostly to Algeria (C$3.97M), Egypt (C$671k), Lebanon (C$365k), United States (C$265k), and Cameroon (C$175k), and were imported mostly from United States (C$1.86M), New Zealand (C$206k), Netherlands (C$2k), Italy (C$404), and Poland (C$83).

Growth In August 2024, the increase in Concentrated Milk's year-by-year exports was explained primarily by an increase in exports to Egypt (C$1.38M or 40.2%), United States (C$337k or 197%), and France (C$826 or 1.59k%). In August 2024, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from United States (C$780k or 59.5%) and New Zealand (C$379k or 9.48M%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$3.42M(120%)
IMPORT GROWTH (August 2023 - August 2024)C$490k(31%)
MAIN EXPORTER (August 2024)QuebecC$6.2M
MAIN DESTINATION (August 2024)AlgeriaC$3.97M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$118M
IMPORTS (2022)$21M
NET TRADE (2022)$97.4M

In 2022, Canada exported $118M in Concentrated Milk. The main destinations of Canada exports on Concentrated Milk were Egypt ($33.1M), Algeria ($23.5M), Malaysia ($10M), United Arab Emirates ($6.31M), and Singapore ($6.07M).

In 2022, Canada imported $21M in Concentrated Milk, mainly from United States ($14.7M), South Korea ($1.47M), United Arab Emirates ($1.33M), Philippines ($760k), and New Zealand ($567k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Egypt$21.7M (191%)
Algeria$9.87M (72.3%)
Singapore$5.06M (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Canada WERE (2021 - 2022):
Indonesia-$2.89M (-85.1%)
Vietnam-$1.4M (-98.9%)
Jamaica-$1.26M (-22.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Canada's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.67M
TOP IMPORT POTENTIALUnited States+ $11M

Concentrated Milk’s highest export potential is United States. With an export gap of $3.67M.   Concentrated Milk’s highest import potential is United States with an import gap of $11M.

See methodology.

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