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2023
Exports $826MWorld Rnk 11 / 158
Flag Rnk 107 / 1212
2023
Destination $109M United States
2022 - 2023
FASTEST GROWING MARKET $109MUnited States
2023
PRODUCT COMPLEXITY IN Corn-1.03Rnk 838 / 1025
2023
Imports $890MWorld Rnk 18 / 216
Flag Rnk 125 / 1211
2023
Origin $62k United States
2022 - 2023
FASTEST GROWING ORIGIN $62kTurkey
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $826M in Corn, making it the 11th largest exporter of Corn in the world. At the same year, Corn was the 107th most exported product in Canada. The main destination of Corn exports from Canada are: United States ($238M), Ireland ($212M), Spain ($173M), United Kingdom ($123M), and Portugal ($53.4M).

The fastest growing export markets for Corn of Canada between 2022 and 2023 were United States ($109M), Spain ($84M), and Ireland ($26.5M).

Imports In 2023, Canada imported $890M in Corn, becoming the 18th largest importer of Corn in the world. At the same year, Corn was the 125th most imported product in Canada. Canada imports Corn primarily from: United States ($887M), Chile ($1.54M), Austria ($739k), France ($138k), and Peru ($103k).

The fastest growing import markets in Corn for Canada between 2022 and 2023 were Turkey ($62k), Austria ($40.4k), and Spain ($8.51k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Corn exports accounted up to C$101M and imports accounted up to C$62.6M, resulting in a positive trade balance of C$38.1M. Between November 2023 and November 2024 the exports of Canada's   Corn have increased by C$42.7M (73.5%) from C$58.1M to C$101M, while imports decreased by C$-106M (-62.9%) from C$169M to C$62.6M.

Destinations In November 2024, Corn were exported mostly to Ireland (C$51.3M), Portugal (C$23.1M), United States (C$14.3M), United Kingdom (C$12M), and Netherlands (C$73.3k), and were imported mostly from United States (C$62.6M), Mexico (C$11.4k), France (C$11.4k), China (C$4.07k), and Ghana (C$2.85k).

Growth In November 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to Netherlands (C$13.7M or 2.09k%), Ireland (C$11.7M or 413%), and France (C$3.41k or 245%). In November 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from United States (C$-112M or -51.5%), Canada (C$-782k or -85.1%), and Chile (C$-40.2k or -84.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$42.7M(73.5%)
IMPORT GROWTH (November 2023 - November 2024)C$-106M(-62.9%)
MAIN EXPORTER (November 2024)OntarioC$55.8M
MAIN DESTINATION (November 2024)IrelandC$51.3M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$826M
IMPORTS (2023)$890M
NET TRADE (2023)-$63.4M

In 2023, Canada exported $826M in Corn. The main destinations of Canada exports on Corn were United States ($238M), Ireland ($212M), Spain ($173M), United Kingdom ($123M), and Portugal ($53.4M).

In 2023, Canada imported $890M in Corn, mainly from United States ($887M), Chile ($1.54M), Austria ($739k), France ($138k), and Peru ($103k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$109M (84.3%)
Spain$84M (94.6%)
Ireland$26.5M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Canada WERE (2022 - 2023):
United Kingdom-$41.9M (-25.4%)
Portugal-$18M (-25.2%)
Japan-$10.5M (-99.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Corn were:
Brazil $14.4B
United States $14.4B
Argentina $6.62B
In 2023, Canada's main importing competitors in Corn were:
China $7.56B
Mexico $5.8B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.4M
TOP IMPORT POTENTIALUnited States+ $144M

Corn’s highest export potential is United States. With an export gap of $30.4M.   Corn’s highest import potential is United States with an import gap of $144M.

See methodology.

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