NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Fri Aug 8, 2014 06:14 PM CDT

At first glance, Canada's total exports to Russia are seemingly small. In 2012 Canada exported $1.7 billion worth of total product to Russia, which made the country Canada's 18th largest customer and received just .4% of Canada's total exports in 2012.

The significance of this trade becomes more apparent when just agri-food exports are considered, which is what has been banned by Russia in their latest move to counter those countries with sanctions against them, which includes Canada, United States, European Union, Norway and Australia.

As seen on the attached chart, pork exports to Russia totaled roughly $254 million dollars ...

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