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2023
Exports $14.6MWorld Rnk 9 / 59
Flag Rnk 681 / 1212
falsefalse Japan
2022 - 2023
FASTEST GROWING MARKETfalseLuxembourg
2023
Imports $129World Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $14.6M in Horse Meat, making it the 9th largest exporter of Horse Meat in the world. At the same year, Horse Meat was the 681st most exported product in Canada. The main destination of Horse Meat exports from Canada are: Japan ($11M), United States ($2.16M), Switzerland ($1.02M), Luxembourg ($311k), and France ($52.3k).

The fastest growing export markets for Horse Meat of Canada between 2022 and 2023 were Luxembourg ($265k), Vietnam ($49.8k), and Germany ($44.3k).

Imports In 2021, Canada imported $129 in Horse Meat, becoming the 0th largest importer of Horse Meat in the world. At the same year, Horse Meat was the 0th most imported product in Canada. Canada imports Horse Meat primarily from: N/A.

Latest Trends

November 2024

About

Overview In November 2024 Canada's Horse Meat exports accounted up to C$950k and imports accounted up to C$162, resulting in a positive trade balance of C$950k. Between November 2023 and November 2024 the exports of Canada's   Horse Meat have decreased by C$-751k (-44.1%) from C$1.7M to C$950k, while imports decreased by C$-22.3k (-99.3%) from C$22.4k to C$162.

Destinations In November 2024, Horse Meat were exported mostly to Japan (C$700k) and United States (C$250k), and were imported mostly from .

Growth In November 2024, the decrease in Horse Meat's year-by-year exports was explained primarily by a decrease in exports to Japan (C$-339k or -17.5%), United States (C$-148k or -40.2%), and France (C$-59.3k or -46.7%). In November 2021, the decrease in Horse Meat's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-751k(-44.1%)
IMPORT GROWTH (March 1999 - November 2021)C$-22.3k(-99.3%)
MAIN EXPORTER (November 2024)AlbertaC$1.06M
MAIN DESTINATION (November 2024)JapanC$700k

This section shows Horse Meat'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 Horse Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.6M
IMPORTS (2021)$129
NET TRADE (2023)$14.6M

In 2023, Canada exported $14.6M in Horse Meat. The main destinations of Canada exports on Horse Meat were Japan ($11M), United States ($2.16M), Switzerland ($1.02M), Luxembourg ($311k), and France ($52.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Horse Meat EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Luxembourg$265k (573%)
Vietnam$49.8k (1%)
Germany$44.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horse Meat BY Canada WERE (2022 - 2023):
Japan-$1.16M (-9.54%)
Switzerland-$1.07M (-51.2%)
United States-$322k (-13%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Horse Meat were:
Mongolia $63M
Argentina $59.6M
Belgium $42.3M
In 2023, Canada's main importing competitors in Horse Meat were:
Italy $118M
Belgium $71M
China $65.6M

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Trade Value of Horse Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $246k
TOP IMPORT POTENTIALArgentina+ $296

Horse Meat’s highest export potential is United States. With an export gap of $246k.   Horse Meat’s highest import potential is Argentina with an import gap of $296.

See methodology.

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