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2023
Exports $533MWorld Rnk 17 / 204
Flag Rnk 156 / 1212
2023
Destination $100M United States
2022 - 2023
FASTEST GROWING MARKET $100MUnited States
2023
PRODUCT COMPLEXITY IN Flavored Water-0.42Rnk 671 / 1025
2023
Imports $1.08BWorld Rnk 6 / 226
Flag Rnk 105 / 1211
2023
Origin $93.4M United States
2022 - 2023
FASTEST GROWING ORIGIN $93.4MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $533M in Flavored Water, making it the 17th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 156th most exported product in Canada. The main destination of Flavored Water exports from Canada are: United States ($509M), United Kingdom ($5.55M), Netherlands ($2.41M), France ($1.46M), and China ($1.36M).

The fastest growing export markets for Flavored Water of Canada between 2022 and 2023 were United States ($100M), United Kingdom ($2.13M), and Netherlands ($2.08M).

Imports In 2023, Canada imported $1.08B in Flavored Water, becoming the 6th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 105th most imported product in Canada. Canada imports Flavored Water primarily from: United States ($797M), Switzerland ($93M), Italy ($29.7M), France ($15.9M), and Austria ($15.8M).

The fastest growing import markets in Flavored Water for Canada between 2022 and 2023 were United States ($93.4M), Mexico ($4.22M), and Australia ($3.16M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Flavored Water exports accounted up to C$62.2M and imports accounted up to C$111M, resulting in a negative trade balance of C$49.3M. Between November 2023 and November 2024 the exports of Canada's   Flavored Water have increased by C$2.61M (4.38%) from C$59.6M to C$62.2M, while imports increased by C$12.8M (13%) from C$98.7M to C$111M.

Destinations In November 2024, Flavored Water were exported mostly to United States (C$60.7M), United Kingdom (C$279k), Guyana (C$164k), Mexico (C$160k), and Japan (C$158k), and were imported mostly from United States (C$89.8M), Italy (C$5.59M), France (C$3.47M), Ireland (C$1.54M), and Germany (C$1.48M).

Growth In November 2024, the increase in Flavored Water's year-by-year exports was explained primarily by an increase in exports to United States (C$35.1M or 210%), South Korea (C$242k or 1.38k%), and Japan (C$136k or 277%). In November 2024, the increase in Flavored Water's year-by-year imports was explained primarily by an increase in imports from United States (C$20.3M or 31.7%), Switzerland (C$3.09M or 120%), and Netherlands (C$846k or 147%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$2.61M(4.38%)
IMPORT GROWTH (November 2023 - November 2024)C$12.8M(13%)
MAIN EXPORTER (November 2024)OntarioC$46.1M
MAIN DESTINATION (November 2024)United StatesC$60.7M

This section shows Flavored Water'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 Flavored Water over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$533M
IMPORTS (2023)$1.08B
NET TRADE (2023)-$551M

In 2023, Canada exported $533M in Flavored Water. The main destinations of Canada exports on Flavored Water were United States ($509M), United Kingdom ($5.55M), Netherlands ($2.41M), France ($1.46M), and China ($1.36M).

In 2023, Canada imported $1.08B in Flavored Water, mainly from United States ($797M), Switzerland ($93M), Italy ($29.7M), France ($15.9M), and Austria ($15.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$100M (24.5%)
United Kingdom$2.13M (62.4%)
Netherlands$2.08M (633%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Canada WERE (2022 - 2023):
Australia-$611k (-78.7%)
Guyana-$466k (-31.6%)
Vietnam-$445k (-98.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Flavored Water were:
Austria $3.26B
Germany $2.34B
Netherlands $2.3B
In 2023, Canada's main importing competitors in Flavored Water were:
United States $3.14B
Germany $2.01B
United Kingdom $1.95B

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $68.9M
TOP IMPORT POTENTIALAustria+ $12.2M

Flavored Water’s highest export potential is United States. With an export gap of $68.9M.   Flavored Water’s highest import potential is Austria with an import gap of $12.2M.

See methodology.

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