# Canada HS 040120 exports | Yugalinks

Explore reported HS 040120 exports from Canada: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Canada |
| HS6 | 040120 |
| Latest exports | $10.6M |
| Active destinations | 10 |
| Three-year growth | -14.4% |
| Destination HHI | 8,139 |
| Weighted share | 47.8% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $9.6M; share 52.4%; growth -14.3%

## Price intelligence

- Highest reported market price: Chile at $179.7K / ton.
- Lowest reported market price: Liberia at $20.0 / ton.
- Median reported price: $924.6 / ton.
- Price spread: 19,430.1%.

## Export history

- 2010: $1.6M
- 2011: $3.5M
- 2012: $4.3M
- 2013: $2.8M
- 2014: $4.2M
- 2015: $3.3M
- 2016: $4.5M
- 2017: $7.4M
- 2018: $6.8M
- 2019: $9.5M
- 2020: $14.2M
- 2021: $15.7M
- 2022: $15.2M
- 2023: $12.4M
- 2024: $9.9M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/can/040120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040120",
    "exporter": "https://www.yugalinks.com/trade/exporter/can/040120",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040120",
    "exporter_iso3": "CAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 73,
    "current_lane_count": 10,
    "active_market_count": 10,
    "exports_latest_observed_lanes_usd": 10601394.791646417,
    "exports_current_2024_usd": 9877040.943622304,
    "exports_avg_3y_usd": 12494223.957106514,
    "exports_avg_5y_usd": 13481172.63641291,
    "exports_avg_10y_usd": 9887058.726373415,
    "exports_cagr_3y_pct": -14.368201320760754,
    "exports_cagr_5y_pct": 0.8501301118641225,
    "exports_cagr_10y_pct": 9.002624513623037,
    "exports_all_year_lane_avg_usd": 6160249.865510677,
    "exports_historical_lane_peak_usd": 19486591.09820697,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -23.37082583438379,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 9558076.196,
    "top_market_share_pct": 90.1586667023426,
    "destination_hhi": 8138.568448065008,
    "weighted_share_latest_pct": 47.818087168078726,
    "weighted_share_change_1y_pp": -23.087902062249466,
    "weighted_volatility_cv": 0.917264502695977,
    "weighted_max_drawdown_pct": 93.71056359598323,
    "limited_history_lane_share_pct": 63.013698630136986,
    "data_freshness_years": 0,
    "coverage_score": 75,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:25",
    "source": "api",
    "product": {
      "hs_code": 40120,
      "hs_description": "Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight)",
      "hs_chapter": 4,
      "hs_heading": 401,
      "substitution_elasticity": -11.111773,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 401,
    "destinations": [
      {
        "hs_code": 40120,
        "corridor_rank": 93,
        "exporter_iso3": "CAN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 9558076.196,
        "exports_all_year_avg_usd": 4557655.727827057,
        "exports_avg_3y_usd": 11992756.80526635,
        "exports_avg_5y_usd": 12928028.865975576,
        "exports_avg_10y_usd": 9188858.466133596,
        "exports_cagr_3y_pct": -14.347719223539634,
        "exports_cagr_5y_pct": 1.831576931525869,
        "exports_cagr_10y_pct": 11.575577439895746,
        "exports_historical_peak_usd": 15210857.312078826,
        "buyer_imports_latest_observed_usd": 18238916.278022546,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -25.92329666343538,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 20.3996,
        "buyer_yoy_all_avg_pct": 22.7158,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 52.40484714279461,
        "market_share_change_1y_pp": -25.806272704225734,
        "peer_best_share_pct": 52.40484714279462,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 3776.58,
        "distance_km": 548.3945922851562,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.022607953013134546,
        "tariff_advantage_pp": 0.023905736941426253,
        "volatility_cv": 0.9340749525687413,
        "max_drawdown_pct": 97.40101900039764,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "CAN",
      "hs_code": 40120,
      "num_markets": 29,
      "highest_price_importer_iso3": "CHL",
      "highest_price_usd_per_ton": 179666.6666666667,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 20,
      "median_price_across_markets": 924.5814148986217,
      "price_spread_pct": 19430.053835374198,
      "avg_quantity_metric_tons": 1252.6156078431372,
      "total_trade_value_usd": 60307586
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1605551.8340935367,
        "active_destinations": 16,
        "yoy_growth_pct": 81.49611409324426
      },
      {
        "year": 2011,
        "export_value_usd": 3545441.932671977,
        "active_destinations": 13,
        "yoy_growth_pct": 120.82388480927897
      },
      {
        "year": 2012,
        "export_value_usd": 4260893.46379682,
        "active_destinations": 15,
        "yoy_growth_pct": 20.179473947431187
      },
      {
        "year": 2013,
        "export_value_usd": 2750299.205249787,
        "active_destinations": 22,
        "yoy_growth_pct": -35.452523546574774
      },
      {
        "year": 2014,
        "export_value_usd": 4171164.3884995123,
        "active_destinations": 13,
        "yoy_growth_pct": 51.662203899036506
      },
      {
        "year": 2015,
        "export_value_usd": 3314837.9088073527,
        "active_destinations": 11,
        "yoy_growth_pct": -20.52967468875531
      },
      {
        "year": 2016,
        "export_value_usd": 4499218.218060747,
        "active_destinations": 13,
        "yoy_growth_pct": 35.729659845706394
      },
      {
        "year": 2017,
        "export_value_usd": 7363306.446358296,
        "active_destinations": 16,
        "yoy_growth_pct": 63.657464241243865
      },
      {
        "year": 2018,
        "export_value_usd": 6819660.381999336,
        "active_destinations": 11,
        "yoy_growth_pct": -7.383178580430173
      },
      {
        "year": 2019,
        "export_value_usd": 9467701.126443867,
        "active_destinations": 10,
        "yoy_growth_pct": 38.829510505158
      },
      {
        "year": 2020,
        "export_value_usd": 14193447.299150914,
        "active_destinations": 16,
        "yoy_growth_pct": 49.914399594931766
      },
      {
        "year": 2021,
        "export_value_usd": 15729744.01159409,
        "active_destinations": 16,
        "yoy_growth_pct": 10.823985745415644
      },
      {
        "year": 2022,
        "export_value_usd": 15164013.335732065,
        "active_destinations": 14,
        "yoy_growth_pct": -3.5965663232983087
      },
      {
        "year": 2023,
        "export_value_usd": 12441617.591965172,
        "active_destinations": 10,
        "yoy_growth_pct": -17.95300283304232
      },
      {
        "year": 2024,
        "export_value_usd": 9877040.943622304,
        "active_destinations": 10,
        "yoy_growth_pct": -20.612887587857372
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "CAN",
      "exports_usd": 572206582085.7932,
      "imports_usd": 547232728197.8305,
      "trade_balance_usd": 24973853887.962708,
      "yoy_exports_growth_pct": -1.2810306373929103,
      "yoy_imports_growth_pct": -2.0806079079976225,
      "exports_cagr_3y_pct": 4.616007249454568,
      "imports_cagr_3y_pct": 3.467485223027844,
      "export_partner_hhi": 5273.849129068168,
      "export_product_hhi": 433.33726654185506,
      "momentum_score": 0.48808072866133323,
      "risk_score": 28.53593197805011,
      "gdp_million_usd": 2243636.8266337616,
      "gdp_per_capita_usd": 54340.34772247326,
      "population": 41288599,
      "labor_force": 21086.43,
      "investment_rate_pct": 22.9,
      "savings_rate_pct": 21.83,
      "secondary_education_pct": 98.31,
      "tertiary_education_pct": 50.1,
      "total_factor_productivity": 2392.81,
      "trade_openness_pct": 50.97322521067148,
      "exports_gdp_pct": 26.055199873495454,
      "num_active_partners": 270,
      "num_fta_partners": 51,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 1,
      "num_shared_language_partners": 112,
      "avg_partner_distance_km": 8859.35390946502,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 18.88888888888889,
      "pct_partners_shared_language": 41.48148148148148,
      "pct_partners_shared_border": 0.3703703703703704,
      "avg_applied_tariff_pct": 0.136630819881567,
      "avg_mfn_tariff_pct": 0.13779843504299555,
      "avg_preferential_tariff_pct": 0.016269331963707234,
      "tariff_advantage_pp": 0.12152910307928831,
      "avg_distance_all_partners_km": 8695.693517830576,
      "num_border_partners": 30,
      "num_colonial_partners": 50,
      "avg_substitution_elasticity": -10.838360242299506,
      "pct_products_high_elasticity": 75.77814182073485,
      "pct_products_low_elasticity": 2.691317575473906,
      "real_market_potential": 338236.387115361,
      "foreign_market_potential": 21785.039646222216
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040120",
    "hs_description": "Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 401
  },
  "destinations": [
    {
      "hs_code": 40120,
      "corridor_rank": 93,
      "exporter_iso3": "CAN",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 9558076.196,
      "exports_all_year_avg_usd": 4557655.727827057,
      "exports_avg_3y_usd": 11992756.80526635,
      "exports_avg_5y_usd": 12928028.865975576,
      "exports_avg_10y_usd": 9188858.466133596,
      "exports_cagr_3y_pct": -14.347719223539634,
      "exports_cagr_5y_pct": 1.831576931525869,
      "exports_cagr_10y_pct": 11.575577439895746,
      "exports_historical_peak_usd": 15210857.312078826,
      "buyer_imports_latest_observed_usd": 18238916.278022546,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -25.92329666343538,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 20.3996,
      "buyer_yoy_all_avg_pct": 22.7158,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 52.40484714279461,
      "market_share_change_1y_pp": -25.806272704225734,
      "peer_best_share_pct": 52.40484714279462,
      "peer_top_exporter": "CAN",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 3776.58,
      "distance_km": 548.3945922851562,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.022607953013134546,
      "tariff_advantage_pp": 0.023905736941426253,
      "volatility_cv": 0.9340749525687413,
      "max_drawdown_pct": 97.40101900039764,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "CAN",
    "hs_code": 40120,
    "num_markets": 29,
    "highest_price_importer_iso3": "CHL",
    "highest_price_usd_per_ton": 179666.6666666667,
    "lowest_price_importer_iso3": "LBR",
    "lowest_price_usd_per_ton": 20,
    "median_price_across_markets": 924.5814148986217,
    "price_spread_pct": 19430.053835374198,
    "avg_quantity_metric_tons": 1252.6156078431372,
    "total_trade_value_usd": 60307586
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1605551.8340935367,
      "active_destinations": 16,
      "yoy_growth_pct": 81.49611409324426
    },
    {
      "year": 2011,
      "export_value_usd": 3545441.932671977,
      "active_destinations": 13,
      "yoy_growth_pct": 120.82388480927897
    },
    {
      "year": 2012,
      "export_value_usd": 4260893.46379682,
      "active_destinations": 15,
      "yoy_growth_pct": 20.179473947431187
    },
    {
      "year": 2013,
      "export_value_usd": 2750299.205249787,
      "active_destinations": 22,
      "yoy_growth_pct": -35.452523546574774
    },
    {
      "year": 2014,
      "export_value_usd": 4171164.3884995123,
      "active_destinations": 13,
      "yoy_growth_pct": 51.662203899036506
    },
    {
      "year": 2015,
      "export_value_usd": 3314837.9088073527,
      "active_destinations": 11,
      "yoy_growth_pct": -20.52967468875531
    },
    {
      "year": 2016,
      "export_value_usd": 4499218.218060747,
      "active_destinations": 13,
      "yoy_growth_pct": 35.729659845706394
    },
    {
      "year": 2017,
      "export_value_usd": 7363306.446358296,
      "active_destinations": 16,
      "yoy_growth_pct": 63.657464241243865
    },
    {
      "year": 2018,
      "export_value_usd": 6819660.381999336,
      "active_destinations": 11,
      "yoy_growth_pct": -7.383178580430173
    },
    {
      "year": 2019,
      "export_value_usd": 9467701.126443867,
      "active_destinations": 10,
      "yoy_growth_pct": 38.829510505158
    },
    {
      "year": 2020,
      "export_value_usd": 14193447.299150914,
      "active_destinations": 16,
      "yoy_growth_pct": 49.914399594931766
    },
    {
      "year": 2021,
      "export_value_usd": 15729744.01159409,
      "active_destinations": 16,
      "yoy_growth_pct": 10.823985745415644
    },
    {
      "year": 2022,
      "export_value_usd": 15164013.335732065,
      "active_destinations": 14,
      "yoy_growth_pct": -3.5965663232983087
    },
    {
      "year": 2023,
      "export_value_usd": 12441617.591965172,
      "active_destinations": 10,
      "yoy_growth_pct": -17.95300283304232
    },
    {
      "year": 2024,
      "export_value_usd": 9877040.943622304,
      "active_destinations": 10,
      "yoy_growth_pct": -20.612887587857372
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "CAN",
    "exports_usd": 572206582085.7932,
    "imports_usd": 547232728197.8305,
    "trade_balance_usd": 24973853887.962708,
    "yoy_exports_growth_pct": -1.2810306373929103,
    "yoy_imports_growth_pct": -2.0806079079976225,
    "exports_cagr_3y_pct": 4.616007249454568,
    "imports_cagr_3y_pct": 3.467485223027844,
    "export_partner_hhi": 5273.849129068168,
    "export_product_hhi": 433.33726654185506,
    "momentum_score": 0.48808072866133323,
    "risk_score": 28.53593197805011,
    "gdp_million_usd": 2243636.8266337616,
    "gdp_per_capita_usd": 54340.34772247326,
    "population": 41288599,
    "labor_force": 21086.43,
    "investment_rate_pct": 22.9,
    "savings_rate_pct": 21.83,
    "secondary_education_pct": 98.31,
    "tertiary_education_pct": 50.1,
    "total_factor_productivity": 2392.81,
    "trade_openness_pct": 50.97322521067148,
    "exports_gdp_pct": 26.055199873495454,
    "num_active_partners": 270,
    "num_fta_partners": 51,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 1,
    "num_shared_language_partners": 112,
    "avg_partner_distance_km": 8859.35390946502,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 18.88888888888889,
    "pct_partners_shared_language": 41.48148148148148,
    "pct_partners_shared_border": 0.3703703703703704,
    "avg_applied_tariff_pct": 0.136630819881567,
    "avg_mfn_tariff_pct": 0.13779843504299555,
    "avg_preferential_tariff_pct": 0.016269331963707234,
    "tariff_advantage_pp": 0.12152910307928831,
    "avg_distance_all_partners_km": 8695.693517830576,
    "num_border_partners": 30,
    "num_colonial_partners": 50,
    "avg_substitution_elasticity": -10.838360242299506,
    "pct_products_high_elasticity": 75.77814182073485,
    "pct_products_low_elasticity": 2.691317575473906,
    "real_market_potential": 338236.387115361,
    "foreign_market_potential": 21785.039646222216
  }
}
```