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2022
Exports $246kWorld Rnk 77 / 149
Flag Rnk 1115 / 1210
2022
Destination $197k United States
2021 - 2022
FASTEST GROWING MARKET $197kUnited States
2022
PRODUCT COMPLEXITY IN Ground Nuts-2.21Rnk 1007 / 1025
2022
Imports $154MWorld Rnk 9 / 201
Flag Rnk 476 / 1213
2022
Origin $19.4M United States
2021 - 2022
FASTEST GROWING ORIGIN $19.4MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $246k in Ground Nuts, making it the 77th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 1115th most exported product in Canada. The main destination of Ground Nuts exports from Canada are: United States ($240k), Guyana ($2.32k), France ($1.48k), Grenada ($1.48k), and Hong Kong ($751).

The fastest growing export markets for Ground Nuts of Canada between 2021 and 2022 were United States ($197k), Guyana ($2.32k), and Grenada ($1.47k).

Imports In 2022, Canada imported $154M in Ground Nuts, becoming the 9th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 476th most imported product in Canada. Canada imports Ground Nuts primarily from: United States ($132M), China ($13.9M), Mexico ($4.29M), Brazil ($2.09M), and Argentina ($732k).

The fastest growing import markets in Ground Nuts for Canada between 2021 and 2022 were United States ($19.4M), Brazil ($1.39M), and Mexico ($823k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Ground Nuts exports accounted up to C$7.57k and imports accounted up to C$19.8M, resulting in a negative trade balance of C$19.8M. Between July 2022 and June 2024 the exports of Canada's   Ground Nuts have increased by C$2.68k (54.7%) from C$4.89k to C$7.57k, while imports increased by C$324k (1.66%) from C$19.5M to C$19.8M.

Destinations In June 2024, Ground Nuts were exported mostly to Jamaica (C$4.32k) and France (C$3.24k), and were imported mostly from United States (C$15.9M), China (C$3.13M), Mexico (C$323k), India (C$249k), and Argentina (C$87.3k).

Growth In June 2024, the increase in Ground Nuts's year-by-year exports was explained primarily by an increase in exports to United States (C$873 or 8.94%). In June 2024, the increase in Ground Nuts's year-by-year imports was explained primarily by an increase in imports from United States (C$2.69M or 24.1%), China (C$819k or 70.6%), and Mexico (C$333k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - June 2024)C$2.68k(54.7%)
IMPORT GROWTH (June 2023 - June 2024)C$324k(1.66%)
MAIN EXPORTER (June 2024)QuebecC$7.57k
MAIN DESTINATION (June 2024)JamaicaC$4.32k

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$246k
IMPORTS (2022)$154M
NET TRADE (2022)-$154M

In 2022, Canada exported $246k in Ground Nuts. The main destinations of Canada exports on Ground Nuts were United States ($240k), Guyana ($2.32k), France ($1.48k), Grenada ($1.48k), and Hong Kong ($751).

In 2022, Canada imported $154M in Ground Nuts, mainly from United States ($132M), China ($13.9M), Mexico ($4.29M), Brazil ($2.09M), and Argentina ($732k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$197k (464%)
Guyana$2.32k (1%)
Grenada$1.47k (16.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Canada WERE (2021 - 2022):
Chile-$54.5k (-100%)
Saint Vincent and the Grenadines-$7.58k (-100%)
France-$4.22k (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Ground Nuts were:
Argentina $818M
India $732M
United States $543M
In 2022, Canada's main importing competitors in Ground Nuts were:
China $672M
Netherlands $464M
Indonesia $389M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $48k
TOP IMPORT POTENTIALBrazil+ $2.23M

Ground Nuts’s highest export potential is United States. With an export gap of $48k.   Ground Nuts’s highest import potential is Brazil with an import gap of $2.23M.

See methodology.

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