Spices in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $7.97M in Spices, making it the 47th largest exporter of Spices in the world. At the same year, Spices was the 809th most exported product in Canada. The main destination of Spices exports from Canada are: United States ($4.14M), Jamaica ($1.38M), Trinidad and Tobago ($799k), France ($720k), and Barbados ($259k).

The fastest growing export markets for Spices of Canada between 2021 and 2022 were France ($194k), Trinidad and Tobago ($164k), and Vietnam ($61.6k).

Imports In 2022, Canada imported $95.4M in Spices, becoming the 8th largest importer of Spices in the world. At the same year, Spices was the 579th most imported product in Canada. Canada imports Spices primarily from: China ($21.8M), United States ($17.6M), India ($15.1M), Peru ($8.28M), and Pakistan ($5.87M).

The fastest growing import markets in Spices for Canada between 2021 and 2022 were Peru ($3.67M), Pakistan ($1.08M), and United Arab Emirates ($352k).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Spices exports accounted up to C$538k and imports accounted up to C$12.1M, resulting in a negative trade balance of C$11.6M. Between February 2023 and February 2024 the exports of Canada's Spices have increased by C$132k (32.5%) from C$406k to C$538k, while imports increased by C$1.11M (10.1%) from C$11M to C$12.1M.

Destinations In February 2024, Spices were exported mostly to United States (C$313k), Jamaica (C$118k), France (C$68.5k), Jordan (C$36.2k), and Anguilla (C$1.59k), and were imported mostly from China (C$4.55M), Peru (C$1.59M), India (C$1.56M), United States (C$834k), and Turkey (C$408k).

Growth In February 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to Barbados (C$68.4k or 209%), Trinidad and Tobago (C$49.3k or 21.8%), and Saint Pierre and Miquelon (C$956 or 144%). In February 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from Japan (C$407k or 203%), India (C$322k or 24.6%), and United States (C$315k or 88.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$132k(32.5%)

IMPORT GROWTH (February 2023 - February 2024)C$1.11M(10.1%)

MAIN EXPORTER (February 2024)QuebecC$330k

MAIN DESTINATION (February 2024)United StatesC$313k

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.97M

IMPORTS (2022)$95.4M

NET TRADE (2022)-$87.4M

In 2022, Canada exported $7.97M in Spices. The main destinations of Canada exports on Spices were United States ($4.14M), Jamaica ($1.38M), Trinidad and Tobago ($799k), France ($720k), and Barbados ($259k).

In 2022, Canada imported $95.4M in Spices, mainly from China ($21.8M), United States ($17.6M), India ($15.1M), Peru ($8.28M), and Pakistan ($5.87M).

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