Browse Data and Analysis

Canada’s wheat marketing year 2021/22 was defined by drought, fires, atmospheric rivers, and the resilience of Canada’s rail transportation sector. Canadian wheat export volumes are down 37 percent (August to November 2021) from the previous year, though wheat exports by value are 95 percent of the value earned the previous year, due to strong global prices.

Canada was the number two overseas market for U.S. food and agricultural exports in 2020, importing $17.1 of U.S. high-value, consumer-oriented goods.

Bosnia and Herzegovina (BiH) imports approximately two-thirds of its overall food needs and have a large foreign trade deficit. The market for processed foods is determined based upon price rather than quality, as consumers seek to extend their buying power.

In spring 2022, Canada’s new border Assessment and Revenue Management program (CARM) will become mandatory for importers, including non-resident importers (such as U.S. exporters acting as the importer of record on customs documents).

The federal government opened public consultations on proposed regulations to ban the use of several single-use plastic items, such as checkout bags, stir sticks and straws. Stakeholders have until March 5, 2022, to provide their input.

Canada’s draft Clean Fuel Standard, published in December 2020, outlines the beginnings of a nationwide framework for adopting a carbon intensity approach for renewable fuels. The final regulation is expected to be published in Spring 2022.