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2022
Exports $1.94BWorld Rnk 2 / 126
Flag Rnk 47 / 1210
2022
Destination $204M United States
2021 - 2022
FASTEST GROWING MARKET $204MChina
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues-1.23Rnk 885 / 1025
2022
Imports $14MWorld Rnk 55 / 190
Flag Rnk 906 / 1213
2022
Origin $4.84M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.84MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.94B in Other Vegetable Residues, making it the 2nd largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 47th most exported product in Canada. The main destination of Other Vegetable Residues exports from Canada are: United States ($1.23B), China ($701M), United Kingdom ($5.11M), Mexico ($1.61M), and Chile ($612k).

The fastest growing export markets for Other Vegetable Residues of Canada between 2021 and 2022 were China ($204M), United States ($46.6M), and Malaysia ($210k).

Imports In 2022, Canada imported $14M in Other Vegetable Residues, becoming the 55th largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 906th most imported product in Canada. Canada imports Other Vegetable Residues primarily from: United States ($12.3M), India ($596k), Ukraine ($324k), Germany ($220k), and Japan ($157k).

The fastest growing import markets in Other Vegetable Residues for Canada between 2021 and 2022 were United States ($4.84M), Ukraine ($322k), and India ($126k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Other Vegetable Residues exports accounted up to C$206M and imports accounted up to C$800k, resulting in a positive trade balance of C$205M. Between August 2023 and August 2024 the exports of Canada's   Other Vegetable Residues have decreased by C$-67.9M (-24.8%) from C$274M to C$206M, while imports decreased by C$-961k (-54.6%) from C$1.76M to C$800k.

Destinations In August 2024, Other Vegetable Residues were exported mostly to United States (C$126M), China (C$79.4M), India (C$159k), Vietnam (C$114k), and United Kingdom (C$108k), and were imported mostly from United States (C$628k), China (C$157k), Germany (C$14.6k), Spain (C$27), and United Kingdom (C$6).

Growth In August 2024, the decrease in Other Vegetable Residues's year-by-year exports was explained primarily by a decrease in exports to Mexico (C$-156k or -73%) and Malaysia (C$-68.9k or -37%). In August 2024, the decrease in Other Vegetable Residues's year-by-year imports was explained primarily by a decrease in imports from United States (C$-461k or -30.8%), Chile (C$-322 or -8.21%), and India (C$-8 or -80%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-67.9M(-24.8%)
IMPORT GROWTH (August 2023 - August 2024)C$-961k(-54.6%)
MAIN EXPORTER (August 2024)AlbertaC$134M
MAIN DESTINATION (August 2024)United StatesC$126M

This section shows Other Vegetable Residues'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 Other Vegetable Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.94B
IMPORTS (2022)$14M
NET TRADE (2022)$1.93B

In 2022, Canada exported $1.94B in Other Vegetable Residues. The main destinations of Canada exports on Other Vegetable Residues were United States ($1.23B), China ($701M), United Kingdom ($5.11M), Mexico ($1.61M), and Chile ($612k).

In 2022, Canada imported $14M in Other Vegetable Residues, mainly from United States ($12.3M), India ($596k), Ukraine ($324k), Germany ($220k), and Japan ($157k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR Canada WERE (2021 - 2022):
China$204M (41%)
United States$46.6M (3.93%)
Malaysia$210k (88.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY Canada WERE (2021 - 2022):
United Kingdom-$6.94M (-57.6%)
Thailand-$4.92M (-100%)
Ecuador-$4.28M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Vegetable Residues were:
Indonesia $2.39B
Ukraine $785M
In 2022, Canada's main importing competitors in Other Vegetable Residues were:
China $2.4B
United States $1.28B
Netherlands $843M

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.29M
TOP IMPORT POTENTIALIndia+ $960k

Other Vegetable Residues’s highest export potential is United Kingdom. With an export gap of $6.29M.   Other Vegetable Residues’s highest import potential is India with an import gap of $960k.

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