Canada: Retail Foods
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Importing more than $16 billion of U.S. high-value, consumer-oriented goods, Canada was the number one overseas market for U.S. food and agricultural exports in 2017. Canada is, by far, the largest overseas market for U.S. high-value, consumer-oriented products, with exports reaching $15.7 billion in 2019. Canada offers great advantages for new-to-export and new-tomarket firms, making it a natural international venture for U.S. companies. Canada’s retail market is mature and largely consolidated with five major retailers comprising more than 60 percent of the total retail grocery market. The remainder of the market is represented by smaller regional retail chains that also include 6,800 independents and 27,000 small and independent convenience stores across the country. regulatory cooperation, sophisticated transportation logistics and financial markets, geographic proximity, similar consumer preferences and relatively affluent consumers are part of the reason why Canada continues to offer excellent export opportunities for new-to-export small- and medium-sized U.S. companies.
Canada: Retail Foods