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2022
Exports $181MWorld Rnk 3 / 105
Flag Rnk 303 / 1210
2022
Destination $15M United States
2021 - 2022
FASTEST GROWING MARKET $15MUnited States
2022
PRODUCT COMPLEXITY IN Detonating Fuses-0.59Rnk 721 / 1025
2022
Imports $90.7MWorld Rnk 4 / 185
Flag Rnk 592 / 1213
2022
Origin $1.7M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.7MChile
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $181M in Detonating Fuses, making it the 3rd largest exporter of Detonating Fuses in the world. At the same year, Detonating Fuses was the 303rd most exported product in Canada. The main destination of Detonating Fuses exports from Canada are: United States ($77.6M), Norway ($14M), Australia ($9.94M), Philippines ($8.23M), and Mexico ($7.85M).

The fastest growing export markets for Detonating Fuses of Canada between 2021 and 2022 were United States ($15M), Norway ($5.27M), and Kyrgyzstan ($3.61M).

Imports In 2022, Canada imported $90.7M in Detonating Fuses, becoming the 4th largest importer of Detonating Fuses in the world. At the same year, Detonating Fuses was the 592nd most imported product in Canada. Canada imports Detonating Fuses primarily from: United States ($46.4M), Chile ($17.6M), Mexico ($14.8M), Sweden ($4.54M), and Italy ($2.69M).

The fastest growing import markets in Detonating Fuses for Canada between 2021 and 2022 were Chile ($1.7M), Italy ($1.5M), and Germany ($435k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Detonating Fuses exports accounted up to C$19.8M and imports accounted up to C$17.5M, resulting in a positive trade balance of C$2.35M. Between June 2023 and June 2024 the exports of Canada's   Detonating Fuses have increased by C$1.79M (9.95%) from C$18M to C$19.8M, while imports increased by C$6.21M (55.3%) from C$11.2M to C$17.5M.

Destinations In June 2024, Detonating Fuses were exported mostly to United States (C$8.98M), Sweden (C$1.75M), Australia (C$1.6M), Philippines (C$1.26M), and Norway (C$1.22M), and were imported mostly from United States (C$6.95M), Chile (C$6.85M), Germany (C$1.29M), Mexico (C$946k), and Sweden (C$878k).

Growth In June 2024, the increase in Detonating Fuses's year-by-year exports was explained primarily by an increase in exports to Zambia (C$566k or 139%), Peru (C$541k or 106%), and Hong Kong (C$533k or 215%). In June 2024, the increase in Detonating Fuses's year-by-year imports was explained primarily by an increase in imports from Italy (C$242k or 219%) and Austria (C$142k or 195%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.79M(9.95%)
IMPORT GROWTH (June 2023 - June 2024)C$6.21M(55.3%)
MAIN EXPORTER (June 2024)QuebecC$22.2M
MAIN DESTINATION (June 2024)United StatesC$8.98M

This section shows Detonating Fuses'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 Detonating Fuses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$181M
IMPORTS (2022)$90.7M
NET TRADE (2022)$90.6M

In 2022, Canada exported $181M in Detonating Fuses. The main destinations of Canada exports on Detonating Fuses were United States ($77.6M), Norway ($14M), Australia ($9.94M), Philippines ($8.23M), and Mexico ($7.85M).

In 2022, Canada imported $90.7M in Detonating Fuses, mainly from United States ($46.4M), Chile ($17.6M), Mexico ($14.8M), Sweden ($4.54M), and Italy ($2.69M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Detonating Fuses EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$15M (24%)
Norway$5.27M (60.6%)
Kyrgyzstan$3.61M (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Detonating Fuses BY Canada WERE (2021 - 2022):
Peru-$8.73M (-54.2%)
Chile-$2.1M (-29.9%)
Indonesia-$1.86M (-32.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Detonating Fuses were:
United States $286M
Czechia $198M
In 2022, Canada's main importing competitors in Detonating Fuses were:
United States $309M
China $105M
Australia $93.7M

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Trade Value of Detonating Fuses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.5M
TOP IMPORT POTENTIALUnited States+ $2.94M

Detonating Fuses’s highest export potential is United States. With an export gap of $15.5M.   Detonating Fuses’s highest import potential is United States with an import gap of $2.94M.

See methodology.

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