Soybeans in   Canada

Overview In November 2024 Canada's Soybeans exports accounted up to C$909M and imports accounted up to C$16.3M, resulting in a positive trade balance of C$893M. Between November 2023 and November 2024 the exports of Canada's   Soybeans have increased by C$72.7M (8.69%) from C$837M to C$909M, while imports decreased by C$-3M (-15.6%) from C$19.3M to C$16.3M.

Destinations In November 2024, Soybeans were exported mostly to China (C$305M), Iran (C$220M), Algeria (C$45.8M), Netherlands (C$37.7M), and United Kingdom (C$37.3M), and were imported mostly from United States (C$15.4M), China (C$692k), India (C$129k), Japan (C$31.5k), and Chinese Taipei (C$4.28k).

Growth In November 2024, the increase in Soybeans's year-by-year exports was explained primarily by an increase in exports to China (C$216M or 1.22k%), Iran (C$23.9M or 28%), and Japan (C$12.7M or 104%). In November 2024, the decrease in Soybeans's year-by-year imports was explained primarily by a decrease in imports from India (C$-1.9M or -95%), Chinese Taipei (C$-142k or -72.4%), and Ukraine (C$-18.3k or -6.69%).