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2023
Exports $4.15kWorld Rnk 60 / 114
Flag Rnk 1194 / 1212
2023
Destination $2.11k United Kingdom
2022 - 2023
FASTEST GROWING MARKET $2.11kUnited Kingdom
2023
Imports $1.31MWorld Rnk 14 / 157
Flag Rnk 1118 / 1211
2023
Origin $364k Argentina
2022 - 2023
FASTEST GROWING ORIGIN $364kArgentina
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $4.15k in Mate, making it the 60th largest exporter of Mate in the world. At the same year, Mate was the 1194th most exported product in Canada. The main destination of Mate exports from Canada are: United Kingdom ($3k), New Zealand ($357), United Arab Emirates ($316), Latvia ($257), and Austria ($102).

The fastest growing export markets for Mate of Canada between 2022 and 2023 were United Kingdom ($2.11k), New Zealand ($319), and United Arab Emirates ($316).

Imports In 2023, Canada imported $1.31M in Mate, becoming the 14th largest importer of Mate in the world. At the same year, Mate was the 1118th most imported product in Canada. Canada imports Mate primarily from: Argentina ($696k), United Kingdom ($147k), Brazil ($125k), Paraguay ($111k), and United States ($103k).

The fastest growing import markets in Mate for Canada between 2022 and 2023 were Argentina ($364k), Paraguay ($24.2k), and Germany ($22.5k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Mate exports accounted up to C$5.08k and imports accounted up to C$137k, resulting in a negative trade balance of C$132k. Between May 2023 and November 2024 the exports of Canada's   Mate have increased by C$4.81k (1.84k%) from C$261 to C$5.08k, while imports increased by C$13.9k (11.2%) from C$123k to C$137k.

Destinations In November 2024, Mate were exported mostly to United States (C$4.77k) and United Kingdom (C$310), and were imported mostly from United States (C$66.2k), Argentina (C$58.6k), Brazil (C$12.5k), and China (C$26).

Growth In November 2024, the increase in Mate's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Mate's year-by-year imports was explained primarily by an increase in imports from United States (C$1.27k or 1.59k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - November 2024)C$4.81k(1.84k%)
IMPORT GROWTH (November 2023 - November 2024)C$13.9k(11.2%)
MAIN EXPORTER (November 2024)AlbertaC$4.77k
MAIN DESTINATION (November 2024)United StatesC$4.77k

This section shows Mate'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 Mate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.15k
IMPORTS (2023)$1.31M
NET TRADE (2023)-$1.31M

In 2023, Canada exported $4.15k in Mate. The main destinations of Canada exports on Mate were United Kingdom ($3k), New Zealand ($357), United Arab Emirates ($316), Latvia ($257), and Austria ($102).

In 2023, Canada imported $1.31M in Mate, mainly from Argentina ($696k), United Kingdom ($147k), Brazil ($125k), Paraguay ($111k), and United States ($103k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mate EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Kingdom$2.11k (235%)
New Zealand$319 (839%)
United Arab Emirates$316 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mate BY Canada WERE (2022 - 2023):
United States-$171k (-100%)
Morocco-$905 (-100%)
Singapore-$334 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Mate were:
Brazil $92.3M
Argentina $86.3M
Paraguay $13.3M
In 2023, Canada's main importing competitors in Mate were:
Uruguay $65M
Syria $63.2M
Argentina $14.9M

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Trade Value of Mate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.2k
TOP IMPORT POTENTIALBrazil+ $109k

Mate’s highest export potential is United States. With an export gap of $55.2k.   Mate’s highest import potential is Brazil with an import gap of $109k.

See methodology.

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