2022
Exports
$50.3MWorld Rnk 19 / 152
Flag Rnk 495 / 1210
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$7.55MWorld Rnk 80 / 219
Flag Rnk 998 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $50.3M in Fermented Milk Products, making it the 19th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 495th most exported product in Canada. The main destination of Fermented Milk Products exports from Canada are: United States ($49M), Saudi Arabia ($450k), Singapore ($276k), Philippines ($155k), and Kuwait ($110k).

The fastest growing export markets for Fermented Milk Products of Canada between 2021 and 2022 were United States ($6.83M), Kuwait ($107k), and Philippines ($58.7k).

Imports In 2022, Canada imported $7.55M in Fermented Milk Products, becoming the 80th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 998th most imported product in Canada. Canada imports Fermented Milk Products primarily from: United States ($6.66M), South Korea ($548k), Colombia ($65.7k), France ($55.4k), and Jordan ($51.4k).

The fastest growing import markets in Fermented Milk Products for Canada between 2021 and 2022 were United States ($1.95M), South Korea ($223k), and France ($54.8k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$2.3M(27.4%)
IMPORT GROWTH (August 2023 - August 2024)C$185k(54.4%)
MAIN EXPORTER (August 2024)OntarioC$10.3M
MAIN DESTINATION (August 2024)United StatesC$10.6M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.3M
IMPORTS (2022)$7.55M
NET TRADE (2022)$42.7M

In 2022, Canada exported $50.3M in Fermented Milk Products. The main destinations of Canada exports on Fermented Milk Products were United States ($49M), Saudi Arabia ($450k), Singapore ($276k), Philippines ($155k), and Kuwait ($110k).

In 2022, Canada imported $7.55M in Fermented Milk Products, mainly from United States ($6.66M), South Korea ($548k), Colombia ($65.7k), France ($55.4k), and Jordan ($51.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$6.83M (16.2%)
Kuwait$107k (3.69k%)
Philippines$58.7k (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Canada WERE (2021 - 2022):
Singapore-$406k (-59.6%)
Saudi Arabia-$128k (-22.2%)
Burma-$49.3k (-35%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Fermented Milk Products were:
In 2022, Canada's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $316k
TOP IMPORT POTENTIALUnited States+ $838k

Fermented Milk Products’s highest export potential is Philippines. With an export gap of $316k.   Fermented Milk Products’s highest import potential is United States with an import gap of $838k.

See methodology.

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