Hormones in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $13.4M in Hormones, making it the 27th largest exporter of Hormones in the world. At the same year, Hormones was the 735th most exported product in Canada. The main destination of Hormones exports from Canada are: United States ($5.19M), Ireland ($2.84M), Brazil ($1.43M), Canada ($795k), and Austria ($603k).

The fastest growing export markets for Hormones of Canada between 2021 and 2022 were Brazil ($890k), Austria ($589k), and Canada ($134k).

Imports In 2022, Canada imported $419M in Hormones, becoming the 8th largest importer of Hormones in the world. At the same year, Hormones was the 260th most imported product in Canada. Canada imports Hormones primarily from: Belgium ($340M), Singapore ($19.5M), United States ($13.8M), India ($12.6M), and China ($10.3M).

The fastest growing import markets in Hormones for Canada between 2021 and 2022 were Singapore ($18.5M), India ($3.36M), and Portugal ($2.35M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hormones from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Hormones exports accounted up to C$3.06M and imports accounted up to C$108M, resulting in a negative trade balance of C$105M. Between January 2023 and January 2024 the exports of Canada's Hormones have increased by C$806k (35.7%) from C$2.26M to C$3.06M, while imports decreased by C$-59.7M (-35.5%) from C$168M to C$108M.

Destinations In January 2024, Hormones were exported mostly to Austria (C$2.08M), Ireland (C$793k), Germany (C$56k), United States (C$39.9k), and Brazil (C$26k), and were imported mostly from Belgium (C$87.3M), Singapore (C$15.3M), Portugal (C$1.54M), China (C$1.22M), and United States (C$954k).

Growth In January 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to India (C$209k or 6.42k%), South Korea (C$11.1k or 170%), and Israel (C$3.88k or 3.23k%). In January 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from United States (C$-1.37M or -80.7%), Netherlands (C$-470k or -67.1%), and Germany (C$-128k or -72.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$806k(35.7%)

IMPORT GROWTH (January 2023 - January 2024)C$-59.7M(-35.5%)

MAIN EXPORTER (January 2024)QuebecC$2.08M

MAIN DESTINATION (January 2024)AustriaC$2.08M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.4M

IMPORTS (2022)$419M

NET TRADE (2022)-$405M

In 2022, Canada exported $13.4M in Hormones. The main destinations of Canada exports on Hormones were United States ($5.19M), Ireland ($2.84M), Brazil ($1.43M), Canada ($795k), and Austria ($603k).

In 2022, Canada imported $419M in Hormones, mainly from Belgium ($340M), Singapore ($19.5M), United States ($13.8M), India ($12.6M), and China ($10.3M).

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