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Pricing

2022
Exports $150MWorld Rnk 2 / 131
Flag Rnk 335 / 1210
2022
Destination $39.7M United States
2021 - 2022
FASTEST GROWING MARKET $39.7MUnited States
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $36.5MWorld Rnk 14 / 210
Flag Rnk 759 / 1213
2022
Origin $4.34M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.34MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $150M in Asphalt Mixtures, making it the 2nd largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 335th most exported product in Canada. The main destination of Asphalt Mixtures exports from Canada are: United States ($145M), United Kingdom ($1.79M), Netherlands ($813k), Poland ($612k), and New Zealand ($217k).

The fastest growing export markets for Asphalt Mixtures of Canada between 2021 and 2022 were United States ($39.7M), Poland ($160k), and New Zealand ($145k).

Imports In 2022, Canada imported $36.5M in Asphalt Mixtures, becoming the 14th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 759th most imported product in Canada. Canada imports Asphalt Mixtures primarily from: United States ($30M), Belgium ($6.01M), Canada ($186k), United Kingdom ($144k), and Netherlands ($41k).

The fastest growing import markets in Asphalt Mixtures for Canada between 2021 and 2022 were United States ($4.34M), Belgium ($3.43M), and Netherlands ($22.4k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Asphalt Mixtures exports accounted up to C$12.1M and imports accounted up to C$4.74M, resulting in a positive trade balance of C$7.33M. Between September 2023 and September 2024 the exports of Canada's   Asphalt Mixtures have decreased by C$-9.2M (-43.2%) from C$21.3M to C$12.1M, while imports decreased by C$-405k (-7.88%) from C$5.15M to C$4.74M.

Destinations In September 2024, Asphalt Mixtures were exported mostly to United States (C$11.5M), United Kingdom (C$304k), Netherlands (C$125k), Poland (C$62.2k), and Hong Kong (C$26k), and were imported mostly from United States (C$4.69M), Canada (C$45.3k), Netherlands (C$4.05k), Jordan (C$1.3k), and France (C$220).

Growth In September 2024, the decrease in Asphalt Mixtures's year-by-year exports was explained primarily by a decrease in exports to United States (C$-206k or -4.87%). In September 2024, the decrease in Asphalt Mixtures's year-by-year imports was explained primarily by a decrease in imports from United States (C$-117k or -7.56%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-9.2M(-43.2%)
IMPORT GROWTH (September 2023 - September 2024)C$-405k(-7.88%)
MAIN EXPORTER (September 2024)New BrunswickC$7.81M
MAIN DESTINATION (September 2024)United StatesC$11.5M

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$150M
IMPORTS (2022)$36.5M
NET TRADE (2022)$114M

In 2022, Canada exported $150M in Asphalt Mixtures. The main destinations of Canada exports on Asphalt Mixtures were United States ($145M), United Kingdom ($1.79M), Netherlands ($813k), Poland ($612k), and New Zealand ($217k).

In 2022, Canada imported $36.5M in Asphalt Mixtures, mainly from United States ($30M), Belgium ($6.01M), Canada ($186k), United Kingdom ($144k), and Netherlands ($41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$39.7M (37.6%)
Poland$160k (35.5%)
New Zealand$145k (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Canada WERE (2021 - 2022):
United Kingdom-$301k (-14.4%)
Finland-$300k (-100%)
Hong Kong-$183k (-91.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Asphalt Mixtures were:
Japan $836M
United States $136M
In 2022, Canada's main importing competitors in Asphalt Mixtures were:
United Kingdom $388M
China $206M
Malaysia $199M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.78M
TOP IMPORT POTENTIALUnited Kingdom+ $143k

Asphalt Mixtures’s highest export potential is United Kingdom. With an export gap of $1.78M.   Asphalt Mixtures’s highest import potential is United Kingdom with an import gap of $143k.

See methodology.

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