2022
Exports
$416MWorld Rnk 6 / 181
Flag Rnk 195 / 1210
2022
PRODUCT COMPLEXITY IN Prepared Cereals
-0.43Rnk 681 / 1025
2022
Imports
$606MWorld Rnk 2 / 223
Flag Rnk 184 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $416M in Prepared Cereals, making it the 6th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 195th most exported product in Canada. The main destination of Prepared Cereals exports from Canada are: United States ($407M), Netherlands ($1.26M), China ($879k), Mexico ($708k), and United Kingdom ($680k).

The fastest growing export markets for Prepared Cereals of Canada between 2021 and 2022 were United States ($43M), Mexico ($515k), and Brazil ($283k).

Imports In 2022, Canada imported $606M in Prepared Cereals, becoming the 2nd largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 184th most imported product in Canada. Canada imports Prepared Cereals primarily from: United States ($538M), Mexico ($15.2M), United Kingdom ($13.8M), China ($7.11M), and Spain ($4.54M).

The fastest growing import markets in Prepared Cereals for Canada between 2021 and 2022 were United States ($100M), Mexico ($8.67M), and United Kingdom ($3.12M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-7.97M(-16%)
IMPORT GROWTH (August 2023 - August 2024)C$-707k(-0.93%)
MAIN EXPORTER (August 2024)OntarioC$43.7M
MAIN DESTINATION (August 2024)United StatesC$41.5M

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 (2022)$416M
IMPORTS (2022)$606M
NET TRADE (2022)-$190M

In 2022, Canada exported $416M in Prepared Cereals. The main destinations of Canada exports on Prepared Cereals were United States ($407M), Netherlands ($1.26M), China ($879k), Mexico ($708k), and United Kingdom ($680k).

In 2022, Canada imported $606M in Prepared Cereals, mainly from United States ($538M), Mexico ($15.2M), United Kingdom ($13.8M), China ($7.11M), and Spain ($4.54M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$43M (11.8%)
Mexico$515k (266%)
Brazil$283k (2.94k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Canada WERE (2021 - 2022):
Chile-$965k (-69.4%)
Israel-$884k (-88.9%)
Hong Kong-$306k (-48.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Prepared Cereals were:
In 2022, 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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