Canada’s Export Performance
January to October 2020
- From January to October 2020, Canadian agri-food and seafood exports increased by 10%, reaching $61.0 billion compared to $55.5 billion for the same period in 2019.
- Top destinations for agri-food and seafood exports continue to be the US, with nearly 52.7% of exports; China at 12.5%; Japan at 6.9%; and the European Union (EU) at 5.4%. It is notable that the EU has shown a 42.7% value increase from the same period in 2019.
- Canada’s agri-food and seafood imports reached $44.5 billion in the first 10 months of 2020, an increase of 2.2% compared to the same period last year.
Major Market Breakdowns
- Analysis of increased trade with the EU during the January to October time period this year over last reveals several trends in key sectors:
- Canola seed accounts for a large part of the increase in exports to the EU, reaching a record $949 million for the first ten months of 2020, an increase of 183.3% from the same period in 2019.
- Most of the canola seed increase is attributed to exports to France ($431.2 million / +278.9%), with large increases to Germany ($203.8 million / +124.4%) and the Netherlands ($182.1 million / with 0 in 2019).
- Canada’s exports of durum wheat to Italy increased by 75.7% compared to the same period in 2019, reaching $359.4 million (representing a record high for the period of January to October).
Top Sector Analysis
- A number of Canada’s top agri-food exports experienced increases from January to October 2020, compared to the same period in 2019. However, fish and seafood continued to decline (by 12.4%), and exports of beef, frozen french fries, and live bovine (excluding bison) experienced marginal declines of 1.1%, 1.0% and 8.5%, respectively, in the first 10 months of 2020 compared to the same period in 2019.
- Canola seed exports increased by 49.5% in the first ten months of 2020 compared to the same period in 2019, reaching $5.1 billion. Substantial increases were observed in China (+$430 million / +60%), France (+$278.9 million / +183.2%) and the United Arab Emirates (UAE) (+$235.2 million / +89.3%), with respective exports of $1.2 billion, $431.1 million and $499 million from January to October 2020. Other significant increases were observed in Japan (+$149 million / +16.6%), Mexico (+$129.3 million / +27.3%), Netherlands (+$182.1 million / +100%), and Germany (+$124.3 million / +156.3%).
- Durum wheat exports increased by 25.9% in the first ten months of 2020, reaching $1.6 billion. Leading destinations that account for the increase include Italy (+$154.8 million / +75.7%), Morocco (+$107.6 million / +48.2%), Japan (+$48.5 million / +113.6%), Nigeria (+$49.1 million / +361.7%), and Spain (+$30.7 million / +100%).
- Pork and pork product exports increased by 21.9% in the first 10 months of 2020 compared to the same period in 2019, reaching $4.2 billion. China leads all export destinations, reaching $1.4 billion (+$945 million / +191.9%). Japan was the second leading destination for Canadian pork and pork product exports, reaching $1.2 billion (+$36.1 million / +3.1%), and the US was the third largest market, reaching $1 billion (+$14.9 million / +3.1%). Although a smaller market, a notable increase occurred in exports to Vietnam of +$36.6 million / +317.1%, reaching $48.2 million in the first ten months of 2020.
- Exports of lentils increased significantly in the first 10 months of 2020, reaching $2 billion and showing an increase of +$968.3 million / 94.6% compared to the same period in 2019. India is now leading all Canadian exports of lentils with $687.6 million (+$374.5 million / +119.6%), a record high to that market for the January to October time period. Turkey followed with exports of $313.3 million (+$234.9 million / +300%). The UAE also increased significantly by +$79.7 million / 83.1% to reach $175.7 million during that same period.
- Month-over-month changes in 2020 show an increase of 16.8% in the month of October 2020 compared to September 2020, with notable increases registered in soya beans (excl seed) (+$337.7 million), canola seed (+$120 million) and durum wheat (excl seed) (+$102.7 million). Declines were noted in dried peas (-$97 million), live fresh lobster (-$36.6 million) and fresh peppers (-$28.7 million).
 EU includes: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Republic of Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
Office of the Minister of Agriculture and Agri-Food
Agriculture and Agri-Food Canada
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