Raw milk of cattle — Terms of trade in Canada

Canada: Raw milk of cattle — Terms of trade was 46.92 % in 2024. ▼ Falling

Latest (2024)
46.92 %
Change on year
down 10.0%
World rank
85th
of 93 countries
All-time high
106.2 %
in 2016
All-time low
46.92 %
in 2024
Years of data
15
2010–2024

Raw milk of cattle — Terms of trade in Canada, 2010–2024

02550751002010201720242010: 89 %2011: 91.7 %2012: 89.2 %2013: 101.5 %2014: 99 %2015: 95.7 %2016: 106.2 %2017: 95 %2018: 90.8 %2019: 64.7 %2020: 51.9 %2021: 58.3 %2022: 54.2 %2023: 52.1 %2024: 46.9 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, raw milk of cattle — terms of trade in Canada stood at 46.92 %. That is the lowest value across all 15 years on record.

That represents a change of down 10.0% on the previous year and down 52.6% over ten years.

Over the whole period, raw milk of cattle — terms of trade in Canada peaked at 106.2 % in 2016 and was at its lowest, 46.92 %, in 2024.

Canada ranks 85th of 93 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Raw milk of cattle — Terms of trade in Canada, year by year

Annual values for Raw milk of cattle — Terms of trade in Canada, 2010 to 2024.
Year % Change
2010 89.03 %
2011 91.73 % +3.0%
2012 89.15 % -2.8%
2013 101.46 % +13.8%
2014 98.95 % -2.5%
2015 95.71 % -3.3%
2016 106.2 % +11.0%
2017 95.02 % -10.5%
2018 90.79 % -4.5%
2019 64.72 % -28.7%
2020 51.89 % -19.8%
2021 58.33 % +12.4%
2022 54.19 % -7.1%
2023 52.11 % -3.8%
2024 46.92 % -10.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.28 % 64.72 % 106.2 % 10
2020s 52.69 % 46.92 % 58.33 % 5

Countries ranked near Canada

  1. 82 Indonesia 51.65 % compare
  2. 83 Rwanda 49.93 % compare
  3. 84 Fiji 46.98 % compare
  4. 86 Kuwait 43.59 % compare
  5. 87 France 43.36 % compare
  6. 88 Dominican Republic 41.48 % compare

See the full ranking of 99 places →

More agriculture & rural data for Canada

All data for Canada →

Frequently asked questions

What is raw milk of cattle — terms of trade in Canada?
Raw milk of cattle — terms of trade in Canada was 46.92 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw milk of cattle — terms of trade recorded in Canada?
The highest recorded value was 106.2 % in 2016.
What is the lowest raw milk of cattle — terms of trade recorded in Canada?
The lowest recorded value was 46.92 % in 2024.
How does Canada rank for raw milk of cattle — terms of trade?
Canada ranks 85th out of 93 countries with data for 2024.
Is raw milk of cattle — terms of trade rising or falling in Canada?
Over the last ten years it is down 52.6%. The long-run trend across the full record is falling.
Where does this Canada data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Terms of trade. Statizoid updates them automatically from the source API.

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Raw milk of cattle — Terms of trade in Canada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-terms-of-trade/canada/

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About this data

Indicator
Raw milk of cattle — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
99 places, 1,373 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK