Overview: In April 2020 Canada's Raw Iron Bars exports accounted up to C$17.9M and imports accounted up to C$47.3M, resulting in a negative trade balance of C$29.4M. Between April 2019 and April 2020 the exports of Canada's Raw Iron Bars have increased by C$480k (2.76%) from C$17.4M to C$17.9M, while imports decreased by C$-16.2M (-25.5%) from C$63.5M to C$47.3M.
Destinations: In April 2020 Raw Iron Bars exported mostly to United States (C$17.8M), Poland (C$14.7k), Switzerland (C$12.1k), Jamaica (C$8.8k), and Saint Pierre and Miquelon (C$730), and imported mostly from United States (C$26.4M), Vietnam (C$18.4M), Taiwan (C$664k), Germany (C$589k), and Turkey (C$271k).
Growth: In April 2020, the increase in Raw Iron Bars's year-by-year exports was explained primarily by an increase in exports to United States (C$860k or 5.06%). In April 2020, the decrease in Raw Iron Bars's year-by-year imports was explained primarily by a decrease in imports from Mexico (C$-11.1M or -99.2%), Italy (C$-7.95M or -99.1%), and Turkey (C$-2.87M or -91.4%).