2022
Exports
$31.4MWorld Rnk 31 / 195
Flag Rnk 586 / 1210
2022
PRODUCT COMPLEXITY IN Base Metal Watches
0.41Rnk 406 / 1025
2022
Imports
$322MWorld Rnk 18 / 220
Flag Rnk 311 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $31.4M in Base Metal Watches, making it the 31st largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 586th most exported product in Canada. The main destination of Base Metal Watches exports from Canada are: United States ($20.1M), Hong Kong ($5.29M), Switzerland ($2.07M), Macau ($1.13M), and France ($943k).

The fastest growing export markets for Base Metal Watches of Canada between 2021 and 2022 were Macau ($1M), France ($819k), and Germany ($111k).

Imports In 2022, Canada imported $322M in Base Metal Watches, becoming the 18th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 311th most imported product in Canada. Canada imports Base Metal Watches primarily from: Switzerland ($201M), United States ($55.8M), China ($33.3M), Philippines ($8.85M), and Japan ($7.79M).

The fastest growing import markets in Base Metal Watches for Canada between 2021 and 2022 were Switzerland ($28M), United States ($3.56M), and Chinese Taipei ($1.93M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-52.1k(-37.7%)
IMPORT GROWTH (June 2023 - June 2024)C$-8.53M(-16.4%)
MAIN EXPORTER (June 2024)AlbertaC$498k
MAIN DESTINATION (June 2024)United StatesC$52.7k

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.4M
IMPORTS (2022)$322M
NET TRADE (2022)-$291M

In 2022, Canada exported $31.4M in Base Metal Watches. The main destinations of Canada exports on Base Metal Watches were United States ($20.1M), Hong Kong ($5.29M), Switzerland ($2.07M), Macau ($1.13M), and France ($943k).

In 2022, Canada imported $322M in Base Metal Watches, mainly from Switzerland ($201M), United States ($55.8M), China ($33.3M), Philippines ($8.85M), and Japan ($7.79M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Macau$1M (775%)
France$819k (664%)
Germany$111k (69.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Canada WERE (2021 - 2022):
Chinese Taipei-$1.34M (-99%)
United States-$1M (-4.76%)
Ireland-$298k (-64.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Base Metal Watches were:
In 2022, Canada's main importing competitors in Base Metal Watches were:

Explore Visualizations

Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.9M
TOP IMPORT POTENTIALChina+ $12.5M

Base Metal Watches’s highest export potential is United States. With an export gap of $15.9M.   Base Metal Watches’s highest import potential is China with an import gap of $12.5M.

See methodology.

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