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2022
Exports $837MWorld Rnk 9 / 180
Flag Rnk 111 / 1210
2022
Destination $83.3M United States
2021 - 2022
FASTEST GROWING MARKET $83.3MUnited States
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $736MWorld Rnk 6 / 224
Flag Rnk 155 / 1213
2022
Origin $101M United States
2021 - 2022
FASTEST GROWING ORIGIN $101MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $837M in Malt Extract, making it the 9th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 111th most exported product in Canada. The main destination of Malt Extract exports from Canada are: United States ($713M), China ($56.4M), Philippines ($12.2M), Mexico ($10.9M), and Malaysia ($6.4M).

The fastest growing export markets for Malt Extract of Canada between 2021 and 2022 were United States ($83.3M), China ($9.58M), and Iraq ($2.61M).

Imports In 2022, Canada imported $736M in Malt Extract, becoming the 6th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 155th most imported product in Canada. Canada imports Malt Extract primarily from: United States ($661M), Chile ($8.53M), Italy ($5.9M), Ireland ($5.7M), and Singapore ($5.02M).

The fastest growing import markets in Malt Extract for Canada between 2021 and 2022 were United States ($101M), France ($2.33M), and Chile ($1.82M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Malt Extract exports accounted up to C$93.4M and imports accounted up to C$91.3M, resulting in a positive trade balance of C$2.02M. Between August 2023 and August 2024 the exports of Canada's   Malt Extract have decreased by C$-4.95M (-5.03%) from C$98.3M to C$93.4M, while imports increased by C$4.55M (5.24%) from C$86.8M to C$91.3M.

Destinations In August 2024, Malt Extract were exported mostly to United States (C$88.8M), Chile (C$1.7M), Philippines (C$811k), Mexico (C$595k), and Guatemala (C$403k), and were imported mostly from United States (C$77.7M), France (C$2.17M), Ireland (C$1.36M), Vietnam (C$1.35M), and United Kingdom (C$901k).

Growth In August 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to China (C$-2.79M or -64.4%), Chile (C$-863k or -81.2%), and Philippines (C$-737k or -57.1%). In August 2024, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from United States (C$12.3M or 22.1%), Ireland (C$699k or 73%), and Chile (C$685k or 590%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-4.95M(-5.03%)
IMPORT GROWTH (August 2023 - August 2024)C$4.55M(5.24%)
MAIN EXPORTER (August 2024)OntarioC$80.2M
MAIN DESTINATION (August 2024)United StatesC$88.8M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$837M
IMPORTS (2022)$736M
NET TRADE (2022)$101M

In 2022, Canada exported $837M in Malt Extract. The main destinations of Canada exports on Malt Extract were United States ($713M), China ($56.4M), Philippines ($12.2M), Mexico ($10.9M), and Malaysia ($6.4M).

In 2022, Canada imported $736M in Malt Extract, mainly from United States ($661M), Chile ($8.53M), Italy ($5.9M), Ireland ($5.7M), and Singapore ($5.02M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$83.3M (13.2%)
China$9.58M (20.4%)
Iraq$2.61M (77.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Canada WERE (2021 - 2022):
Japan-$1.87M (-76.4%)
Singapore-$1.69M (-65.7%)
Canada-$1.1M (-41.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, Canada's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $37.4M
TOP IMPORT POTENTIALIreland+ $6.53M

Malt Extract’s highest export potential is China. With an export gap of $37.4M.   Malt Extract’s highest import potential is Ireland with an import gap of $6.53M.

See methodology.

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