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2022
Exports $29.5MWorld Rnk 9 / 56
Flag Rnk 1133 / 4485
2022
Destination $25.2M United States
2021 - 2022
FASTEST GROWING MARKET $25.2MUnited States
2022
Imports $181MWorld Rnk 2 / 103
Flag Rnk 580 / 4548
2022
Origin $96.5M China
2021 - 2022
FASTEST GROWING ORIGIN $96.5MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $29.5M in Magnesium unwrought nes, making it the 9th largest exporter of Magnesium unwrought nes in the world. At the same year, Magnesium unwrought nes was the 1133rd most exported product in Canada. The main destination of Magnesium unwrought nes exports from Canada are: United States ($29.3M), Austria ($164k), Canada ($17.4k), and China ($9.63k).

The fastest growing export markets for Magnesium unwrought nes of Canada between 2021 and 2022 were United States ($25.2M), Austria ($163k), and Canada ($17.2k).

Imports In 2022, Canada imported $181M in Magnesium unwrought nes, becoming the 2nd largest importer of Magnesium unwrought nes in the world. At the same year, Magnesium unwrought nes was the 580th most imported product in Canada. Canada imports Magnesium unwrought nes primarily from: China ($145M), Israel ($18.5M), United States ($16M), United Kingdom ($777k), and Czechia ($642k).

The fastest growing import markets in Magnesium unwrought nes for Canada between 2021 and 2022 were China ($96.5M), Israel ($6.95M), and United States ($6.47M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (185), Costco Wholesale (141), and Walmart (94) were at the forefront of shipping Magnesium unwrought nes from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Magnesium unwrought nes exports accounted up to C$54.4k and imports accounted up to C$4.59M, resulting in a negative trade balance of C$4.54M. Between June 2023 and June 2024 the exports of Canada's   Magnesium unwrought nes have decreased by C$-1.23M (-95.8%) from C$1.29M to C$54.4k, while imports decreased by C$-3.24M (-41.4%) from C$7.84M to C$4.59M.

Destinations In June 2024, Magnesium unwrought nes were exported mostly to China (C$47.2k) and United States (C$7.2k), and were imported mostly from China (C$2.68M), Israel (C$1.61M), United Kingdom (C$154k), United States (C$141k), and India (C$386).

Growth In June 2024, the decrease in Magnesium unwrought nes's year-by-year exports was explained primarily by a decrease in exports to United States (C$-3.71M or -85.1%). In June 2024, the decrease in Magnesium unwrought nes's year-by-year imports was explained primarily by a decrease in imports from China (C$-3.32M or -21.1%), United States (C$-1.66M or -71.6%), and United Kingdom (C$-232k or -54.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-1.23M(-95.8%)
IMPORT GROWTH (June 2023 - June 2024)C$-3.24M(-41.4%)
MAIN EXPORTER (June 2024)OntarioC$151k
MAIN DESTINATION (June 2024)ChinaC$47.2k

This section shows Magnesium unwrought nes's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Magnesium unwrought nes over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Magnesium unwrought nes throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.5M
IMPORTS (2022)$181M
NET TRADE (2022)-$151M

In 2022, Canada exported $29.5M in Magnesium unwrought nes. The main destinations of Canada exports on Magnesium unwrought nes were United States ($29.3M), Austria ($164k), Canada ($17.4k), and China ($9.63k).

In 2022, Canada imported $181M in Magnesium unwrought nes, mainly from China ($145M), Israel ($18.5M), United States ($16M), United Kingdom ($777k), and Czechia ($642k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium unwrought nes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$25.2M (614%)
Austria$163k (24.6k%)
Canada$17.2k (8.93k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium unwrought nes BY Canada WERE (2021 - 2022):
Germany-$14.2k (-100%)
France-$481 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Magnesium unwrought nes were:
China $630M
Czechia $102M
Israel $63.8M
In 2022, Canada's main importing competitors in Magnesium unwrought nes were:
United States $349M
Romania $70M

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Trade Value of Magnesium unwrought nes by Exporters

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