Sauces and Seasonings in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $566M in Sauces and Seasonings, making it the 8th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 155th most exported product in Canada. The main destination of Sauces and Seasonings exports from Canada are: United States ($519M), Japan ($5.67M), New Zealand ($5.13M), Mexico ($3.67M), and Israel ($3.16M).

The fastest growing export markets for Sauces and Seasonings of Canada between 2021 and 2022 were United States ($94.2M), Mexico ($2.74M), and Israel ($1.25M).

Imports In 2022, Canada imported $921M in Sauces and Seasonings, becoming the 5th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 135th most imported product in Canada. Canada imports Sauces and Seasonings primarily from: United States ($743M), China ($26.2M), Italy ($24.7M), Thailand ($14.3M), and Philippines ($12.5M).

The fastest growing import markets in Sauces and Seasonings for Canada between 2021 and 2022 were United States ($68.1M), Italy ($6.11M), and China ($3.17M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Sauces and Seasonings from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Sauces and Seasonings exports accounted up to C$65.4M and imports accounted up to C$117M, resulting in a negative trade balance of C$51.3M. Between January 2023 and January 2024 the exports of Canada's Sauces and Seasonings have increased by C$5.41M (9.02%) from C$60M to C$65.4M, while imports increased by C$13M (12.6%) from C$104M to C$117M.

Destinations In January 2024, Sauces and Seasonings were exported mostly to United States (C$61.6M), Japan (C$1.5M), Trinidad and Tobago (C$329k), Jamaica (C$292k), and Colombia (C$239k), and were imported mostly from United States (C$89.3M), China (C$3.99M), Italy (C$3.89M), Thailand (C$3.42M), and Japan (C$1.92M).

Growth In January 2024, the increase in Sauces and Seasonings's year-by-year exports was explained primarily by an increase in exports to United States (C$6.56M or 12.8%), Netherlands (C$194k or 444%), and China (C$171k or 526%). In January 2024, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from United States (C$19.2M or 30.8%), United Kingdom (C$850k or 285%), and Germany (C$749k or 196%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$5.41M(9.02%)

IMPORT GROWTH (January 2023 - January 2024)C$13M(12.6%)

MAIN EXPORTER (January 2024)OntarioC$39.7M

MAIN DESTINATION (January 2024)United StatesC$61.6M

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

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