2023
Exports
$860MWorld Rnk 9 / 186
Flag Rnk 102 / 1212
2023
PRODUCT COMPLEXITY IN Malt Extract
-0.019Rnk 566 / 1025
2023
Imports
$822MWorld Rnk 6 / 224
Flag Rnk 134 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $860M in Malt Extract, making it the 9th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 102nd most exported product in Canada. The main destination of Malt Extract exports from Canada are: United States ($765M), China ($33.9M), Mexico ($16.1M), Chile ($9.04M), and Malaysia ($9.02M).

The fastest growing export markets for Malt Extract of Canada between 2022 and 2023 were United States ($52.8M), Malaysia ($5.34M), and Chile ($4.34M).

Imports In 2023, Canada imported $822M in Malt Extract, becoming the 6th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 134th most imported product in Canada. Canada imports Malt Extract primarily from: United States ($734M), France ($14.4M), Ireland ($12.1M), China ($6.71M), and Chile ($6.36M).

The fastest growing import markets in Malt Extract for Canada between 2022 and 2023 were United States ($77.4M), Ireland ($5.98M), and France ($4.4M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$2.14M(2.16%)
IMPORT GROWTH (November 2023 - November 2024)C$-262k(-0.27%)
MAIN EXPORTER (November 2024)OntarioC$95.4M
MAIN DESTINATION (November 2024)United StatesC$98.7M

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 (2023)$860M
IMPORTS (2023)$822M
NET TRADE (2023)$37.3M

In 2023, Canada exported $860M in Malt Extract. The main destinations of Canada exports on Malt Extract were United States ($765M), China ($33.9M), Mexico ($16.1M), Chile ($9.04M), and Malaysia ($9.02M).

In 2023, Canada imported $822M in Malt Extract, mainly from United States ($734M), France ($14.4M), Ireland ($12.1M), China ($6.71M), and Chile ($6.36M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$52.8M (7.42%)
Malaysia$5.34M (145%)
Chile$4.34M (92.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Canada WERE (2022 - 2023):
China-$19.4M (-36.4%)
Iraq-$4.17M (-69.7%)
Japan-$2.01M (-96.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Malt Extract were:
In 2023, Canada's main importing competitors in Malt Extract were:

Explore Visualizations

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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