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Geopolitical Trade Substitution

Historically, Canada has been the fourth largest producer of green peas and the largest exporter of the product. Canada’s global market share for the green pea trade was 37.9 percent in 2022, while Russia supplied 13.7 percent. Meanwhile, China is both the largest producer and importer of green peas, taking in more than a quarter of traded supply. However, supply chains are increasingly being realigned according to geopolitics. Canada previously supplied 95 percent of the Chinese import market but two years ago Beijing opened its market to Russian green peas. This past year Russia surpassed Canada in supplying the Middle Kingdom.  In 2023/24, Russia supplied 1.13 MMT or 49.1 percent of the Chinese green pea import market. Canada...

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Accountability and a comprehensive approach to export programming

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