2023
Exports
$200MWorld Rnk 5 / 162
Flag Rnk 270 / 1212
2023
PRODUCT COMPLEXITY IN Yeast
-0.44Rnk 678 / 1025
2023
Imports
$98.5MWorld Rnk 6 / 219
Flag Rnk 562 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $200M in Yeast, making it the 5th largest exporter of Yeast in the world. At the same year, Yeast was the 270th most exported product in Canada. The main destination of Yeast exports from Canada are: United States ($181M), Mexico ($8.02M), China ($2.37M), Estonia ($1.03M), and United Kingdom ($905k).

The fastest growing export markets for Yeast of Canada between 2022 and 2023 were United States ($32.1M), China ($866k), and New Zealand ($452k).

Imports In 2023, Canada imported $98.5M in Yeast, becoming the 6th largest importer of Yeast in the world. At the same year, Yeast was the 562nd most imported product in Canada. Canada imports Yeast primarily from: United States ($60.5M), Mexico ($7.76M), Estonia ($6.1M), Italy ($5.21M), and China ($3.39M).

The fastest growing import markets in Yeast for Canada between 2022 and 2023 were United States ($6.92M), Mexico ($1.37M), and China ($725k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$941k(4.28%)
IMPORT GROWTH (November 2023 - November 2024)C$-3.13M(-28.2%)
MAIN EXPORTER (November 2024)QuebecC$14.9M
MAIN DESTINATION (November 2024)United StatesC$22.1M

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$200M
IMPORTS (2023)$98.5M
NET TRADE (2023)$101M

In 2023, Canada exported $200M in Yeast. The main destinations of Canada exports on Yeast were United States ($181M), Mexico ($8.02M), China ($2.37M), Estonia ($1.03M), and United Kingdom ($905k).

In 2023, Canada imported $98.5M in Yeast, mainly from United States ($60.5M), Mexico ($7.76M), Estonia ($6.1M), Italy ($5.21M), and China ($3.39M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$32.1M (21.5%)
China$866k (57.5%)
New Zealand$452k (1.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY Canada WERE (2022 - 2023):
Mexico-$2.01M (-20%)
Denmark-$1.46M (-71.2%)
Argentina-$437k (-39.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Yeast were:
In 2023, Canada's main importing competitors in Yeast were:

Explore Visualizations

Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.16M
TOP IMPORT POTENTIALChina+ $2.09M

Yeast’s highest export potential is United States. With an export gap of $7.16M.   Yeast’s highest import potential is China with an import gap of $2.09M.

See methodology.

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