Pig Meat in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $2.97B in Pig Meat, making it the 4th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 29th most exported product in Canada. The main destination of Pig Meat exports from Canada are: United States ($1.12B), Japan ($753M), China ($288M), Mexico ($269M), and Philippines ($199M).

The fastest growing export markets for Pig Meat of Canada between 2021 and 2022 were United States ($158M), South Korea ($34.2M), and Mexico ($31.6M).

Imports In 2022, Canada imported $547M in Pig Meat, becoming the 16th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 210th most imported product in Canada. Canada imports Pig Meat primarily from: United States ($387M), Germany ($55.5M), Denmark ($28.8M), Spain ($27.4M), and Netherlands ($21.1M).

The fastest growing import markets in Pig Meat for Canada between 2021 and 2022 were Denmark ($10.7M), Netherlands ($8.22M), and Italy ($1.69M).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Pig Meat exports accounted up to C$358M and imports accounted up to C$57.3M, resulting in a positive trade balance of C$300M. Between February 2023 and February 2024 the exports of Canada's Pig Meat have increased by C$88.3M (32.8%) from C$269M to C$358M, while imports decreased by C$-2.75M (-4.57%) from C$60.1M to C$57.3M.

Destinations In February 2024, Pig Meat were exported mostly to Japan (C$108M), United States (C$103M), South Korea (C$37.6M), Mexico (C$24.7M), and Philippines (C$22.5M), and were imported mostly from United States (C$41.5M), Brazil (C$5.44M), Germany (C$3.84M), Denmark (C$3.49M), and Netherlands (C$1.75M).

Growth In February 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to China (C$7.03M or 26.2%), Mexico (C$5.16M or 24.7%), and Colombia (C$4.46M or 492%). In February 2024, the decrease in Pig Meat's year-by-year imports was explained primarily by a decrease in imports from Spain (C$-2.21M or -45.3%), Mexico (C$-1.37M or -76.7%), and Germany (C$-787k or -13%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$88.3M(32.8%)

IMPORT GROWTH (February 2023 - February 2024)C$-2.75M(-4.57%)

MAIN EXPORTER (February 2024)QuebecC$131M

MAIN DESTINATION (February 2024)JapanC$108M

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.97B

IMPORTS (2022)$547M

NET TRADE (2022)$2.42B

In 2022, Canada exported $2.97B in Pig Meat. The main destinations of Canada exports on Pig Meat were United States ($1.12B), Japan ($753M), China ($288M), Mexico ($269M), and Philippines ($199M).

In 2022, Canada imported $547M in Pig Meat, mainly from United States ($387M), Germany ($55.5M), Denmark ($28.8M), Spain ($27.4M), and Netherlands ($21.1M).

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