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2022
Exports $282MWorld Rnk 9 / 123
Flag Rnk 230 / 1210
2022
Destination $52.8M United States
2021 - 2022
FASTEST GROWING MARKET $52.8MUnited States
2022
PRODUCT COMPLEXITY IN Carbon0.21Rnk 483 / 1025
2022
Imports $132MWorld Rnk 21 / 180
Flag Rnk 519 / 1213
2022
Origin $37M United States
2021 - 2022
FASTEST GROWING ORIGIN $37MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $282M in Carbon, making it the 9th largest exporter of Carbon in the world. At the same year, Carbon was the 230th most exported product in Canada. The main destination of Carbon exports from Canada are: United States ($211M), China ($13.2M), Mexico ($7.07M), Belgium ($5.92M), and South Korea ($5.76M).

The fastest growing export markets for Carbon of Canada between 2021 and 2022 were United States ($52.8M), Mexico ($6.36M), and Germany ($2.43M).

Imports In 2022, Canada imported $132M in Carbon, becoming the 21st largest importer of Carbon in the world. At the same year, Carbon was the 519th most imported product in Canada. Canada imports Carbon primarily from: United States ($105M), China ($15.6M), Russia ($6.18M), India ($1.52M), and Egypt ($1.25M).

The fastest growing import markets in Carbon for Canada between 2021 and 2022 were United States ($37M), China ($15M), and Egypt ($1.25M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Carbon exports accounted up to C$29.1M and imports accounted up to C$13.8M, resulting in a positive trade balance of C$15.3M. Between June 2023 and June 2024 the exports of Canada's   Carbon have decreased by C$-6.32M (-17.8%) from C$35.4M to C$29.1M, while imports increased by C$1.67M (13.7%) from C$12.2M to C$13.8M.

Destinations In June 2024, Carbon were exported mostly to United States (C$22.2M), China (C$1.05M), Germany (C$844k), Japan (C$701k), and France (C$597k), and were imported mostly from United States (C$11.7M), India (C$614k), Venezuela (C$536k), Egypt (C$424k), and China (C$301k).

Growth In June 2024, the decrease in Carbon's year-by-year exports was explained primarily by a decrease in exports to Belgium (C$-179k or -24.5%). In June 2024, the increase in Carbon's year-by-year imports was explained primarily by an increase in imports from United States (C$2.82M or 33.2%), Belgium (C$14.7k or 1.01k%), and Canada (C$7.66k or 18.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-6.32M(-17.8%)
IMPORT GROWTH (June 2023 - June 2024)C$1.67M(13.7%)
MAIN EXPORTER (June 2024)OntarioC$26.9M
MAIN DESTINATION (June 2024)United StatesC$22.2M

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$282M
IMPORTS (2022)$132M
NET TRADE (2022)$150M

In 2022, Canada exported $282M in Carbon. The main destinations of Canada exports on Carbon were United States ($211M), China ($13.2M), Mexico ($7.07M), Belgium ($5.92M), and South Korea ($5.76M).

In 2022, Canada imported $132M in Carbon, mainly from United States ($105M), China ($15.6M), Russia ($6.18M), India ($1.52M), and Egypt ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$52.8M (33.3%)
Mexico$6.36M (905%)
Germany$2.43M (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Canada WERE (2021 - 2022):
Belgium-$1.46M (-19.8%)
Austria-$741k (-34.7%)
Malaysia-$572k (-57.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Carbon were:
China $1.45B
Russia $961M
Germany $527M
In 2022, Canada's main importing competitors in Carbon were:
Poland $714M
Germany $546M
Thailand $531M

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.87M
TOP IMPORT POTENTIALChina+ $6.49M

Carbon’s highest export potential is United States. With an export gap of $6.87M.   Carbon’s highest import potential is China with an import gap of $6.49M.

See methodology.

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