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2022
Exports $108MWorld Rnk 17 / 186
Flag Rnk 381 / 1210
2022
Destination $30.6M United States
2021 - 2022
FASTEST GROWING MARKET $30.6MUnited States
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-0.9Rnk 810 / 1025
2022
Imports $150MWorld Rnk 11 / 221
Flag Rnk 480 / 1213
2022
Origin $7.71M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.71MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $108M in Other Pure Vegetable Oils, making it the 17th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 381st most exported product in Canada. The main destination of Other Pure Vegetable Oils exports from Canada are: United States ($92.8M), Netherlands ($4.48M), Japan ($1.33M), China ($1.3M), and South Korea ($968k).

The fastest growing export markets for Other Pure Vegetable Oils of Canada between 2021 and 2022 were United States ($30.6M), Netherlands ($1.59M), and Brazil ($550k).

Imports In 2022, Canada imported $150M in Other Pure Vegetable Oils, becoming the 11th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 480th most imported product in Canada. Canada imports Other Pure Vegetable Oils primarily from: United States ($72.5M), Mexico ($15.7M), Italy ($10.7M), Japan ($7.36M), and United Kingdom ($6.79M).

The fastest growing import markets in Other Pure Vegetable Oils for Canada between 2021 and 2022 were United States ($7.71M), Italy ($2.44M), and Germany ($2.31M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Pure Vegetable Oils exports accounted up to C$9.35M and imports accounted up to C$45.4M, resulting in a negative trade balance of C$36M. Between June 2023 and June 2024 the exports of Canada's   Other Pure Vegetable Oils have decreased by C$-4.62M (-33.1%) from C$14M to C$9.35M, while imports increased by C$30.1M (198%) from C$15.2M to C$45.4M.

Destinations In June 2024, Other Pure Vegetable Oils were exported mostly to United States (C$8.21M), Brazil (C$266k), China (C$247k), Japan (C$230k), and Colombia (C$88.5k), and were imported mostly from United States (C$22.8M), Mexico (C$13.4M), India (C$2.3M), Italy (C$1.7M), and Spain (C$1.35M).

Growth In June 2024, the decrease in Other Pure Vegetable Oils's year-by-year exports was explained primarily by a decrease in exports to France (C$-101k or -91.2%), China (C$-19.1k or -61.9%), and Japan (C$-10.2k or -7.68%). In June 2024, the increase in Other Pure Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from United Kingdom (C$3.85M or 9.06k%), United States (C$1.43M or 41.9%), and Denmark (C$513k or 1.45k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-4.62M(-33.1%)
IMPORT GROWTH (June 2023 - June 2024)C$30.1M(198%)
MAIN EXPORTER (June 2024)OntarioC$6.16M
MAIN DESTINATION (June 2024)United StatesC$8.21M

This section shows Other Pure Vegetable Oils'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 Other Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$108M
IMPORTS (2022)$150M
NET TRADE (2022)-$42.4M

In 2022, Canada exported $108M in Other Pure Vegetable Oils. The main destinations of Canada exports on Other Pure Vegetable Oils were United States ($92.8M), Netherlands ($4.48M), Japan ($1.33M), China ($1.3M), and South Korea ($968k).

In 2022, Canada imported $150M in Other Pure Vegetable Oils, mainly from United States ($72.5M), Mexico ($15.7M), Italy ($10.7M), Japan ($7.36M), and United Kingdom ($6.79M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$30.6M (49.3%)
Netherlands$1.59M (55.3%)
Brazil$550k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Canada WERE (2021 - 2022):
Canada-$667k (-64.9%)
Japan-$527k (-28.3%)
South Africa-$389k (-90.4%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Pure Vegetable Oils were:
India $1.28B
United States $905M
Mexico $308M
In 2022, Canada's main importing competitors in Other Pure Vegetable Oils were:
United States $868M
China $620M
Kuwait $416M

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.5M
TOP IMPORT POTENTIALUnited States+ $11.7M

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $17.5M.   Other Pure Vegetable Oils’s highest import potential is United States with an import gap of $11.7M.

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