Nucleic Acids in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $73.1M in Nucleic Acids, making it the 25th largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 439th most exported product in Canada. The main destination of Nucleic Acids exports from Canada are: United States ($41.5M), France ($20.9M), China ($2.48M), Ireland ($2.4M), and Mexico ($1.85M).

The fastest growing export markets for Nucleic Acids of Canada between 2021 and 2022 were United States ($31.1M), France ($3.7M), and Ireland ($1.92M).

Imports In 2022, Canada imported $1.76B in Nucleic Acids, becoming the 3rd largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 65th most imported product in Canada. Canada imports Nucleic Acids primarily from: Switzerland ($1.15B), Ireland ($278M), United States ($110M), China ($75.2M), and India ($31.8M).

The fastest growing import markets in Nucleic Acids for Canada between 2021 and 2022 were Switzerland ($1.12B), Ireland ($162M), and Belgium ($15.6M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Nucleic Acids exports accounted up to C$1.39M and imports accounted up to C$56.7M, resulting in a negative trade balance of C$55.4M. Between February 2023 and February 2024 the exports of Canada's Nucleic Acids have decreased by C$-15.3M (-91.7%) from C$16.7M to C$1.39M, while imports increased by C$14.6M (34.8%) from C$42.1M to C$56.7M.

Destinations In February 2024, Nucleic Acids were exported mostly to United States (C$732k), United Kingdom (C$122k), China (C$108k), Belgium (C$94.8k), and Germany (C$92k), and were imported mostly from Germany (C$17M), China (C$7.53M), South Korea (C$7.32M), Switzerland (C$7.06M), and United States (C$6.4M).

Growth In February 2024, the decrease in Nucleic Acids's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.96M or -53.5%), France (C$-1.83M or -33.6%), and China (C$-72.1k or -68.8%). In February 2024, the increase in Nucleic Acids's year-by-year imports was explained primarily by an increase in imports from Italy (C$3.65M or 11.6k%), Ireland (C$1.34M or 440%), and France (C$1.28M or 7.38k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-15.3M(-91.7%)

IMPORT GROWTH (February 2023 - February 2024)C$14.6M(34.8%)

MAIN EXPORTER (February 2024)AlbertaC$705k

MAIN DESTINATION (February 2024)United StatesC$732k

This section shows Nucleic Acids'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 Nucleic Acids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$73.1M

IMPORTS (2022)$1.76B

NET TRADE (2022)-$1.68B

In 2022, Canada exported $73.1M in Nucleic Acids. The main destinations of Canada exports on Nucleic Acids were United States ($41.5M), France ($20.9M), China ($2.48M), Ireland ($2.4M), and Mexico ($1.85M).

In 2022, Canada imported $1.76B in Nucleic Acids, mainly from Switzerland ($1.15B), Ireland ($278M), United States ($110M), China ($75.2M), and India ($31.8M).

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