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2023
Exports $95.7MWorld Rnk 28 / 174
Flag Rnk 383 / 1212
2023
Destination $7.27M Egypt
2022 - 2023
FASTEST GROWING MARKET $7.27MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Concentrated Milk-0.8Rnk 783 / 1025
2023
Imports $21.6MWorld Rnk 100 / 222
Flag Rnk 833 / 1211
2023
Origin $1.3M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.3MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $95.7M in Concentrated Milk, making it the 28th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 383rd most exported product in Canada. The main destination of Concentrated Milk exports from Canada are: Egypt ($19.1M), Algeria ($18.9M), United Arab Emirates ($11.7M), Malaysia ($7.1M), and Philippines ($5.98M).

The fastest growing export markets for Concentrated Milk of Canada between 2022 and 2023 were United Arab Emirates ($7.27M), Mexico ($1.83M), and Jordan ($1.14M).

Imports In 2023, Canada imported $21.6M in Concentrated Milk, becoming the 100th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 833rd most imported product in Canada. Canada imports Concentrated Milk primarily from: United States ($15.8M), New Zealand ($1.18M), Philippines ($1.15M), United Arab Emirates ($642k), and Bahrain ($600k).

The fastest growing import markets in Concentrated Milk for Canada between 2022 and 2023 were United States ($1.3M), Bahrain ($590k), and New Zealand ($584k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Concentrated Milk exports accounted up to C$4.9M and imports accounted up to C$2.13M, resulting in a positive trade balance of C$2.77M. Between November 2023 and November 2024 the exports of Canada's   Concentrated Milk have decreased by C$-1.39M (-22%) from C$6.29M to C$4.9M, while imports increased by C$946k (79.7%) from C$1.19M to C$2.13M.

Destinations In November 2024, Concentrated Milk were exported mostly to Cuba (C$1.47M), Egypt (C$1.35M), Vietnam (C$1.11M), Mexico (C$400k), and Lebanon (C$185k), and were imported mostly from United States (C$1.88M), New Zealand (C$250k), Poland (C$84), Japan (C$79), and France (C$33).

Growth In November 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Philippines (C$-77.9k or -44.1%). In November 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 (November 2023 - November 2024)C$-1.39M(-22%)
IMPORT GROWTH (November 2023 - November 2024)C$946k(79.7%)
MAIN EXPORTER (November 2024)QuebecC$6.2M
MAIN DESTINATION (November 2024)CubaC$1.47M

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 (2023)$95.7M
IMPORTS (2023)$21.6M
NET TRADE (2023)$74.1M

In 2023, Canada exported $95.7M in Concentrated Milk. The main destinations of Canada exports on Concentrated Milk were Egypt ($19.1M), Algeria ($18.9M), United Arab Emirates ($11.7M), Malaysia ($7.1M), and Philippines ($5.98M).

In 2023, Canada imported $21.6M in Concentrated Milk, mainly from United States ($15.8M), New Zealand ($1.18M), Philippines ($1.15M), United Arab Emirates ($642k), and Bahrain ($600k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Arab Emirates$7.27M (162%)
Mexico$1.83M (88.8%)
Jordan$1.14M (51.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Canada WERE (2022 - 2023):
Egypt-$13.2M (-40.8%)
Saudi Arabia-$7.3M (-65.1%)
Algeria-$5.51M (-22.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Concentrated Milk were:
New Zealand $6.28B
Netherlands $2.08B
United States $1.88B
In 2023, Canada's main importing competitors in Concentrated Milk were:
China $3.05B
Algeria $1.31B
United Arab Emirates $1B

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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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