Prepared Explosives in Canada

EXPORTS (2018): $12.1M, World Rnk 20 / 91
Flag Rnk 710 / 1201

TOP DESTINATION (2018): $11.7M, United States

FASTEST GROWING MARKET (2017 - 2018): $5.73M, United States

IMPORTS (2018): $102M, World Rnk 2 / 166
Flag Rnk 490 / 1212

TOP ORIGIN (2018): $87.1M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $17.6M, United States

ECONOMIC COMPLEXITY of Canada (2018): 0.98, Rnk 25 / 137

PRODUCT COMPLEXITY  IN Prepared Explosives (2018): -0.97, Rnk 811 / 1018

Overview: This page contains the latest trade data of Prepared Explosives in Canada.

Exports: In 2018, Canada exported $12.1M in Prepared Explosives, making it the 20th largest exporter of Prepared Explosives in the world. At the same year, Prepared Explosives was the 710th most exported product in Canada. The main destination of Prepared Explosives exports from Canada are: United States ($11.7M), Tanzania ($182k), Guyana ($177k), Norway ($58.4k), and France ($28.9k).

The fastest growing export markets for Prepared Explosives of Canada between 2017 and 2018 were United States ($5.73M), Tanzania ($182k), and Guyana ($177k).

Imports: In 2018, Canada imported $102M in Prepared Explosives, becoming the 2nd largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 490th most imported product in Canada. Canada imports Prepared Explosives primarily from: United States ($87.1M), Mexico ($11.2M), Norway ($1.59M), United Kingdom ($623k), and Sweden ($386k).

The fastest growing import markets in Prepared Explosives for Canada between 2017 and 2018 were United States ($17.6M), Mexico ($11.2M), and Sweden ($364k).

Tariffs: In 2018, the average tariff for Canada in Prepared Explosives was 3.13%. The countries with the highest import tariffs for Prepared Explosives were Botswana (6.5%), Algeria (6.5%), Western Sahara (6.5%), Gabon (6.5%), and Equatorial Guinea (6.5%).

Overview: In April 2020 Canada's Prepared Explosives exports accounted up to C$2.31M and imports accounted up to C$7.92M, resulting in a negative trade balance of C$5.61M. Between April 2019 and April 2020 the exports of Canada's   Prepared Explosives have decreased by C$-1.28M (-35.7%) from C$3.6M to C$2.31M, while imports decreased by C$-16.7M (-67.8%) from C$24.6M to C$7.92M.

Destinations: In April 2020 Prepared Explosives exported mostly to United States (C$2.31M), and imported mostly from United States (C$7.26M), Mexico (C$645k), and Spain (C$14.7k).

Growth: In April 2020, the decrease in Prepared Explosives's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.28M or -35.7%). In April 2020, the decrease in Prepared Explosives's year-by-year imports was explained primarily by a decrease in imports from United States (C$-14.1M or -66.1%), Mexico (C$-681k or -51.4%), and Spain (C$-48.8k or -76.9%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (April 2019 - April 2020): C$-1.28M, (-35.7%)

IMPORT GROWTH (April 2019 - April 2020): C$-16.7M, (-67.8%)

MAIN EXPORTER (April 2020): Alberta, C$2.09M

MAIN DESTINATION (April 2020): United States, C$2.31M

This section shows Prepared Explosives'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 Prepared Explosives over time.

Value

EXPORTS (2018): $12.1M

IMPORTS (2018): $102M

NET TRADE (2018): -$89.5M

In 2018, Canada exported $12.1M in Prepared Explosives. The main destinations of Canada exports on Prepared Explosives were United States ($11.7M), Tanzania ($182k), Guyana ($177k), Norway ($58.4k), and France ($28.9k).

In 2018, Canada imported $102M in Prepared Explosives, mainly from United States ($87.1M), Mexico ($11.2M), Norway ($1.59M), United Kingdom ($623k), and Sweden ($386k).

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IN 2018, Canada HAD A POSITIVE NET TRADE IN Prepared Explosives WITH:

  • Tanzania, $182k ($182k - $0)
  • Guyana, $177k ($177k - $0)
  • Netherlands, $9.38k ($9.38k - $0)

IN 2018, Canada HAD A NEGATIVE NET TRADE IN Prepared Explosives WITH:

  • United States, -$75.5M ($11.7M - $87.1M)
  • Mexico, -$11.2M ($0 - $11.2M)
  • Norway, -$1.53M ($58.4k - $1.59M)
Flow

THE FASTEST GROWING Prepared Explosives EXPORT MARKETS FOR Canada WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Explosives BY Canada WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Canada's main exporting competitors in Prepared Explosives were:

In 2018, Canada's main importing competitors in Prepared Explosives were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Prepared Explosives in Canada. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Canada in Prepared Explosives was 3.13%.

The countries with the highest tariffs for Prepared Explosives in Canada were Botswana (6.5%), Algeria (6.5%), Western Sahara (6.5%), Gabon (6.5%), and Equatorial Guinea (6.5%).

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