2022
Exports
$208MWorld Rnk 8 / 173
Flag Rnk 275 / 1210
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$75.6MWorld Rnk 21 / 217
Flag Rnk 624 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $208M in Other Oily Seeds, making it the 8th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 275th most exported product in Canada. The main destination of Other Oily Seeds exports from Canada are: United States ($144M), Belgium ($16.1M), Japan ($4.73M), South Korea ($4.6M), and Brazil ($3.84M).

The fastest growing export markets for Other Oily Seeds of Canada between 2021 and 2022 were United States ($38.5M), South Korea ($2.09M), and Brazil ($1.58M).

Imports In 2022, Canada imported $75.6M in Other Oily Seeds, becoming the 21st largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 624th most imported product in Canada. Canada imports Other Oily Seeds primarily from: United States ($27.1M), India ($15.6M), Nigeria ($4.26M), Russia ($4.01M), and Nicaragua ($4M).

The fastest growing import markets in Other Oily Seeds for Canada between 2021 and 2022 were United States ($6.33M), Russia ($2.61M), and India ($2.38M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-13.3M(-39.1%)
IMPORT GROWTH (June 2023 - June 2024)C$1.14M(15.6%)
MAIN EXPORTER (June 2024)SaskatchewanC$13.5M
MAIN DESTINATION (June 2024)United StatesC$12.8M

This section shows Other Oily Seeds'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 Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$208M
IMPORTS (2022)$75.6M
NET TRADE (2022)$132M

In 2022, Canada exported $208M in Other Oily Seeds. The main destinations of Canada exports on Other Oily Seeds were United States ($144M), Belgium ($16.1M), Japan ($4.73M), South Korea ($4.6M), and Brazil ($3.84M).

In 2022, Canada imported $75.6M in Other Oily Seeds, mainly from United States ($27.1M), India ($15.6M), Nigeria ($4.26M), Russia ($4.01M), and Nicaragua ($4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$38.5M (36.5%)
South Korea$2.09M (83.1%)
Brazil$1.58M (70.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Canada WERE (2021 - 2022):
Netherlands-$1.53M (-34%)
Belgium-$766k (-4.54%)
France-$704k (-54.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Canada's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.5M
TOP IMPORT POTENTIALNigeria+ $3.29M

Other Oily Seeds’s highest export potential is United States. With an export gap of $12.5M.   Other Oily Seeds’s highest import potential is Nigeria with an import gap of $3.29M.

See methodology.

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