2022
Exports
$5.01MWorld Rnk 30 / 146
Flag Rnk 862 / 1210
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$265MWorld Rnk 11 / 218
Flag Rnk 354 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $5.01M in Pure Olive Oil, making it the 30th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 862nd most exported product in Canada. The main destination of Pure Olive Oil exports from Canada are: United States ($4.29M), Singapore ($148k), Italy ($120k), Chinese Taipei ($84.8k), and Qatar ($59.1k).

The fastest growing export markets for Pure Olive Oil of Canada between 2021 and 2022 were United States ($2.99M), Italy ($85.3k), and Chinese Taipei ($84.8k).

Imports In 2022, Canada imported $265M in Pure Olive Oil, becoming the 11th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 354th most imported product in Canada. Canada imports Pure Olive Oil primarily from: Italy ($96.6M), Tunisia ($63.1M), Spain ($52.9M), United States ($26.9M), and Greece ($9.01M).

The fastest growing import markets in Pure Olive Oil for Canada between 2021 and 2022 were Tunisia ($21.1M), Italy ($19.5M), and Turkey ($3.72M).

COMPANIES In 2023, leading companies such as Certified Origins (8) were at the forefront of shipping Pure Olive Oil from Canada to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-57.3k(-96.2%)
IMPORT GROWTH (August 2023 - August 2024)C$18.3M(64.3%)
MAIN EXPORTER (August 2024)OntarioC$49.6k
MAIN DESTINATION (August 2024)ChinaC$1.81k

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.01M
IMPORTS (2022)$265M
NET TRADE (2022)-$260M

In 2022, Canada exported $5.01M in Pure Olive Oil. The main destinations of Canada exports on Pure Olive Oil were United States ($4.29M), Singapore ($148k), Italy ($120k), Chinese Taipei ($84.8k), and Qatar ($59.1k).

In 2022, Canada imported $265M in Pure Olive Oil, mainly from Italy ($96.6M), Tunisia ($63.1M), Spain ($52.9M), United States ($26.9M), and Greece ($9.01M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.99M (229%)
Italy$85.3k (246%)
Chinese Taipei$84.8k (116k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Canada WERE (2021 - 2022):
United Kingdom-$11.4k (-100%)
Bangladesh-$10.3k (-100%)
Laos-$7.51k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Canada's main importing competitors in Pure Olive Oil were:

Explore Visualizations

Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.95M
TOP IMPORT POTENTIALSpain+ $3.23M

Pure Olive Oil’s highest export potential is United States. With an export gap of $3.95M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $3.23M.

See methodology.

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