2023
Exports
$423MWorld Rnk 8 / 190
Flag Rnk 186 / 1212
2023
PRODUCT COMPLEXITY IN Prepared Cereals
-0.41Rnk 670 / 1025
2023
Imports
$636MWorld Rnk 2 / 224
Flag Rnk 168 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $423M in Prepared Cereals, making it the 8th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 186th most exported product in Canada. The main destination of Prepared Cereals exports from Canada are: United States ($410M), Netherlands ($1.97M), China ($1.97M), Chile ($1.31M), and United Kingdom ($1.22M).

The fastest growing export markets for Prepared Cereals of Canada between 2022 and 2023 were United States ($2.28M), China ($909k), and Netherlands ($631k).

Imports In 2023, Canada imported $636M in Prepared Cereals, becoming the 2nd largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 168th most imported product in Canada. Canada imports Prepared Cereals primarily from: United States ($558M), Mexico ($28.5M), United Kingdom ($7.44M), India ($6M), and South Korea ($4.89M).

The fastest growing import markets in Prepared Cereals for Canada between 2022 and 2023 were Mexico ($8.86M), United States ($8.84M), and South Korea ($1.79M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-1.46M(-2.86%)
IMPORT GROWTH (November 2023 - November 2024)C$-5.57M(-7.43%)
MAIN EXPORTER (November 2024)OntarioC$48.2M
MAIN DESTINATION (November 2024)United StatesC$48.7M

This section shows Prepared Cereals'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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$423M
IMPORTS (2023)$636M
NET TRADE (2023)-$213M

In 2023, Canada exported $423M in Prepared Cereals. The main destinations of Canada exports on Prepared Cereals were United States ($410M), Netherlands ($1.97M), China ($1.97M), Chile ($1.31M), and United Kingdom ($1.22M).

In 2023, Canada imported $636M in Prepared Cereals, mainly from United States ($558M), Mexico ($28.5M), United Kingdom ($7.44M), India ($6M), and South Korea ($4.89M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$2.28M (0.56%)
China$909k (85.6%)
Netherlands$631k (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Canada WERE (2022 - 2023):
Mexico-$375k (-50.2%)
United Arab Emirates-$356k (-34.9%)
Brazil-$309k (-99.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.83M
TOP IMPORT POTENTIALMexico+ $5.21M

Prepared Cereals’s highest export potential is China. With an export gap of $1.83M.   Prepared Cereals’s highest import potential is Mexico with an import gap of $5.21M.

See methodology.

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