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2022
Exports $124MWorld Rnk 6 / 143
Flag Rnk 359 / 1210
2022
Destination $125k United States
2021 - 2022
FASTEST GROWING MARKET $125kFrance
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages0.091Rnk 525 / 1025
2022
Imports $50.7MWorld Rnk 7 / 218
Flag Rnk 696 / 1213
2022
Origin $3.25M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.25MJapan
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $124M in Other Fermented Beverages, making it the 6th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 359th most exported product in Canada. The main destination of Other Fermented Beverages exports from Canada are: United States ($123M), France ($270k), Turkey ($117k), China ($61.9k), and Japan ($27.5k).

The fastest growing export markets for Other Fermented Beverages of Canada between 2021 and 2022 were France ($125k), Turkey ($117k), and Sweden ($23.8k).

Imports In 2022, Canada imported $50.7M in Other Fermented Beverages, becoming the 7th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 696th most imported product in Canada. Canada imports Other Fermented Beverages primarily from: United States ($18.2M), United Kingdom ($10.5M), Japan ($10.2M), Belgium ($2.34M), and Austria ($1.86M).

The fastest growing import markets in Other Fermented Beverages for Canada between 2021 and 2022 were Japan ($3.25M), Belgium ($1.53M), and Spain ($758k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Fermented Beverages exports accounted up to C$17.6M and imports accounted up to C$6.91M, resulting in a positive trade balance of C$10.7M. Between June 2023 and June 2024 the exports of Canada's   Other Fermented Beverages have increased by C$1.48M (9.18%) from C$16.2M to C$17.6M, while imports decreased by C$-472k (-6.4%) from C$7.38M to C$6.91M.

Destinations In June 2024, Other Fermented Beverages were exported mostly to United States (C$17.4M), Japan (C$71k), Aruba (C$55.1k), Mongolia (C$55k), and France (C$22.2k), and were imported mostly from United States (C$2.11M), United Kingdom (C$2.1M), Japan (C$857k), Spain (C$598k), and Austria (C$325k).

Growth In June 2024, the increase in Other Fermented Beverages's year-by-year exports was explained primarily by an increase in exports to United States (C$3.33M or 32.7%). In June 2024, the decrease in Other Fermented Beverages's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-556k or -31.9%) and Italy (C$-243k or -76.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.48M(9.18%)
IMPORT GROWTH (June 2023 - June 2024)C$-472k(-6.4%)
MAIN EXPORTER (June 2024)QuebecC$17.1M
MAIN DESTINATION (June 2024)United StatesC$17.4M

This section shows Other Fermented Beverages'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 Fermented Beverages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$124M
IMPORTS (2022)$50.7M
NET TRADE (2022)$73M

In 2022, Canada exported $124M in Other Fermented Beverages. The main destinations of Canada exports on Other Fermented Beverages were United States ($123M), France ($270k), Turkey ($117k), China ($61.9k), and Japan ($27.5k).

In 2022, Canada imported $50.7M in Other Fermented Beverages, mainly from United States ($18.2M), United Kingdom ($10.5M), Japan ($10.2M), Belgium ($2.34M), and Austria ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Canada WERE (2021 - 2022):
France$125k (86.5%)
Turkey$117k (1%)
Sweden$23.8k (11k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Canada WERE (2021 - 2022):
United States-$2.39M (-1.91%)
China-$79k (-56.1%)
Japan-$8.24k (-23.1%)
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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 Fermented Beverages were:
Japan $385M
Italy $132M
Ireland $127M
In 2022, Canada's main importing competitors in Other Fermented Beverages were:
United States $437M
United Kingdom $234M
China $128M

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.79M
TOP IMPORT POTENTIALItaly+ $699k

Other Fermented Beverages’s highest export potential is United States. With an export gap of $4.79M.   Other Fermented Beverages’s highest import potential is Italy with an import gap of $699k.

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