Corn in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $709M in Corn, making it the 13th largest exporter of Corn in the world. At the same year, Corn was the 128th most exported product in Canada. The main destination of Corn exports from Canada are: Ireland ($213M), United States ($129M), United Kingdom ($117M), Spain ($104M), and Portugal ($58.4M).

The fastest growing export markets for Corn of Canada between 2021 and 2022 were Ireland ($82.7M), United Kingdom ($37.1M), and Portugal ($28.1M).

Imports In 2022, Canada imported $1.46B in Corn, becoming the 13th largest importer of Corn in the world. At the same year, Corn was the 82nd most imported product in Canada. Canada imports Corn primarily from: United States ($1.46B), Canada ($3.71M), United Kingdom ($1.51M), Chile ($313k), and Argentina ($139k).

The fastest growing import markets in Corn for Canada between 2021 and 2022 were United States ($650M), United Kingdom ($1.51M), and Canada ($1.51M).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Corn exports accounted up to C$39.3M and imports accounted up to C$110M, resulting in a negative trade balance of C$71M. Between February 2023 and February 2024 the exports of Canada's Corn have decreased by C$-58.7M (-59.9%) from C$98M to C$39.3M, while imports decreased by C$-14.9M (-11.9%) from C$125M to C$110M.

Destinations In February 2024, Corn were exported mostly to United States (C$30.2M), Ireland (C$8.91M), Netherlands (C$101k), United Kingdom (C$42k), and France (C$7.09k), and were imported mostly from United States (C$110M), Mexico (C$16k), Canada (C$11.1k), China (C$5.19k), and Vietnam (C$4.62k).

Growth In February 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to United States (C$-5.56M or -17.5%). In February 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from United States (C$-112M or -51.5%), Canada (C$-782k or -85.1%), and Chile (C$-40.2k or -84.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-58.7M(-59.9%)

IMPORT GROWTH (February 2023 - February 2024)C$-14.9M(-11.9%)

MAIN EXPORTER (February 2024)OntarioC$33.3M

MAIN DESTINATION (February 2024)United StatesC$30.2M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$709M

IMPORTS (2022)$1.46B

NET TRADE (2022)-$753M

In 2022, Canada exported $709M in Corn. The main destinations of Canada exports on Corn were Ireland ($213M), United States ($129M), United Kingdom ($117M), Spain ($104M), and Portugal ($58.4M).

In 2022, Canada imported $1.46B in Corn, mainly from United States ($1.46B), Canada ($3.71M), United Kingdom ($1.51M), Chile ($313k), and Argentina ($139k).

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