Canada Dairy Exports 2026 Market Overview & Trends

Canada's dairy exports reached $387.3 million in 2024, reflecting a recovery from 2023 levels. Although the 2024 value is slightly below the 2022 peak of $391.8 million, the total quantity of 154 million units indicates a stabilized supply chain compared to the volatility seen between 2020 and 2021.

The United States is the dominant importer of Canadian dairy, valued at $239.6 million in 2024. Egypt follows as the second-largest market ($26.7M), while Algeria and the United Arab Emirates represent significant secondary markets, each exceeding $14 million in import value.

Cuba stands out as the fastest-growing emerging market with a 3.74% growth rate. While the United States continues to lead in absolute value, Saudi Arabia (0.70%) and Greece (0.19%) are also showing positive expansion, indicating successful diversification into new geographic regions.

Yoghurt and cheddar cheese lead the product category, with 2024 values of $83.3 million and $82.7 million respectively. Natural milk constituents ($78.2M) and milk powder ($51.4M) also represent high-value segments, highlighting a diverse export portfolio focused on both consumer goods and industrial ingredients.