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2023
Exports $192MWorld Rnk 7 / 174
Flag Rnk 275 / 1212
2023
Destination $23.2M United States
2022 - 2023
FASTEST GROWING MARKET $23.2MUnited States
2023
PRODUCT COMPLEXITY IN Wheat Flours-1.58Rnk 958 / 1025
2023
Imports $54.2MWorld Rnk 32 / 224
Flag Rnk 661 / 1211
2023
Origin $5.34M United States
2022 - 2023
FASTEST GROWING ORIGIN $5.34MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $192M in Wheat Flours, making it the 7th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 275th most exported product in Canada. The main destination of Wheat Flours exports from Canada are: United States ($179M), Bahamas ($3.13M), Cuba ($3.13M), South Korea ($1.41M), and Thailand ($1.11M).

The fastest growing export markets for Wheat Flours of Canada between 2022 and 2023 were United States ($23.2M), Cuba ($1.92M), and Thailand ($1.01M).

Imports In 2023, Canada imported $54.2M in Wheat Flours, becoming the 32nd largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 661st most imported product in Canada. Canada imports Wheat Flours primarily from: United States ($37.5M), India ($7.51M), United Arab Emirates ($4.67M), Italy ($3.41M), and China ($208k).

The fastest growing import markets in Wheat Flours for Canada between 2022 and 2023 were United States ($5.34M), United Arab Emirates ($4.46M), and India ($261k).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Wheat Flours exports accounted up to C$20.4M and imports accounted up to C$7.33M, resulting in a positive trade balance of C$13.1M. Between December 2023 and December 2024 the exports of Canada's   Wheat Flours have decreased by C$-979k (-4.58%) from C$21.4M to C$20.4M, while imports increased by C$600k (8.91%) from C$6.73M to C$7.33M.

Destinations In December 2024, Wheat Flours were exported mostly to United States (C$19.7M), Bahamas (C$317k), South Korea (C$144k), British Virgin Islands (C$103k), and Jordan (C$73.1k), and were imported mostly from United States (C$6.16M), Italy (C$586k), India (C$404k), Netherlands (C$72.4k), and Turkey (C$53.3k).

Growth In December 2024, the decrease in Wheat Flours's year-by-year exports was explained primarily by a decrease in exports to United States (C$-98.7k or -0.44%), China (C$-28.2k or -33.2%), and Bermuda (C$-19.5k or -40.4%). In December 2024, the increase in Wheat Flours's year-by-year imports was explained primarily by an increase in imports from United States (C$1.41M or 41.6%), India (C$1.28M or 11.5k%), and Italy (C$58.4k or 27.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-979k(-4.58%)
IMPORT GROWTH (December 2023 - December 2024)C$600k(8.91%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$19.7M

This section shows Wheat Flours'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 Wheat Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$192M
IMPORTS (2023)$54.2M
NET TRADE (2023)$138M

In 2023, Canada exported $192M in Wheat Flours. The main destinations of Canada exports on Wheat Flours were United States ($179M), Bahamas ($3.13M), Cuba ($3.13M), South Korea ($1.41M), and Thailand ($1.11M).

In 2023, Canada imported $54.2M in Wheat Flours, mainly from United States ($37.5M), India ($7.51M), United Arab Emirates ($4.67M), Italy ($3.41M), and China ($208k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$23.2M (14.8%)
Cuba$1.92M (158%)
Thailand$1.01M (998%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Canada WERE (2022 - 2023):
Indonesia-$1.22M (-100%)
Malaysia-$820k (-98.7%)
China-$571k (-66.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Wheat Flours were:
Turkey $1.5B
Kazakhstan $569M
Germany $564M
In 2023, Canada's main importing competitors in Wheat Flours were:
Afghanistan $826M
Iraq $558M
Netherlands $350M

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.19M
TOP IMPORT POTENTIALIndia+ $1.97M

Wheat Flours’s highest export potential is China. With an export gap of $1.19M.   Wheat Flours’s highest import potential is India with an import gap of $1.97M.

See methodology.

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