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2022
Exports $208MWorld Rnk 12 / 142
Flag Rnk 274 / 1210
2022
Destination $1.73M United States
2021 - 2022
FASTEST GROWING MARKET $1.73MSpain
2022
PRODUCT COMPLEXITY IN Copper Pipes0.34Rnk 429 / 1025
2022
Imports $158MWorld Rnk 21 / 220
Flag Rnk 468 / 1213
2022
Origin $11.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $11.9MVietnam
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $208M in Copper Pipes, making it the 12th largest exporter of Copper Pipes in the world. At the same year, Copper Pipes was the 274th most exported product in Canada. The main destination of Copper Pipes exports from Canada are: United States ($192M), United Kingdom ($4.86M), Australia ($2.55M), China ($1.74M), and Spain ($1.73M).

The fastest growing export markets for Copper Pipes of Canada between 2021 and 2022 were Spain ($1.73M), United Kingdom ($1.1M), and China ($843k).

Imports In 2022, Canada imported $158M in Copper Pipes, becoming the 21st largest importer of Copper Pipes in the world. At the same year, Copper Pipes was the 468th most imported product in Canada. Canada imports Copper Pipes primarily from: United States ($53.2M), Vietnam ($24.2M), China ($17.9M), India ($14.1M), and Italy ($12.6M).

The fastest growing import markets in Copper Pipes for Canada between 2021 and 2022 were Vietnam ($11.9M), United States ($10.4M), and India ($9.63M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Copper Pipes exports accounted up to C$24.7M and imports accounted up to C$18.5M, resulting in a positive trade balance of C$6.22M. Between June 2023 and June 2024 the exports of Canada's   Copper Pipes have increased by C$4.92M (24.8%) from C$19.8M to C$24.7M, while imports increased by C$4.27M (30%) from C$14.2M to C$18.5M.

Destinations In June 2024, Copper Pipes were exported mostly to United States (C$22.6M), United Kingdom (C$740k), China (C$671k), Thailand (C$256k), and Australia (C$223k), and were imported mostly from United States (C$5.12M), Vietnam (C$4.96M), China (C$2.31M), India (C$1.52M), and Italy (C$1.38M).

Growth In June 2024, the increase in Copper Pipes's year-by-year exports was explained primarily by an increase in exports to China (C$144k or 156%) and United Kingdom (C$95.5k or 47.1%). In June 2024, the increase in Copper Pipes's year-by-year imports was explained primarily by an increase in imports from India (C$2.46M or 882%), China (C$1.87M or 260%), and Vietnam (C$1.57M or 226%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$4.92M(24.8%)
IMPORT GROWTH (June 2023 - June 2024)C$4.27M(30%)
MAIN EXPORTER (June 2024)OntarioC$25.5M
MAIN DESTINATION (June 2024)United StatesC$22.6M

This section shows Copper Pipes'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 Copper Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$208M
IMPORTS (2022)$158M
NET TRADE (2022)$50.4M

In 2022, Canada exported $208M in Copper Pipes. The main destinations of Canada exports on Copper Pipes were United States ($192M), United Kingdom ($4.86M), Australia ($2.55M), China ($1.74M), and Spain ($1.73M).

In 2022, Canada imported $158M in Copper Pipes, mainly from United States ($53.2M), Vietnam ($24.2M), China ($17.9M), India ($14.1M), and Italy ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Pipes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Spain$1.73M (1%)
United Kingdom$1.1M (29.3%)
China$843k (93.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Pipes BY Canada WERE (2021 - 2022):
United States-$32.1M (-14.3%)
Australia-$1.18M (-31.6%)
Cuba-$930k (-99.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Copper Pipes were:
China $2.35B
Vietnam $1.15B
Germany $964M
In 2022, Canada's main importing competitors in Copper Pipes were:
United States $1.32B
India $861M
Thailand $531M

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Trade Value of Copper Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.2M
TOP IMPORT POTENTIALChina+ $9.2M

Copper Pipes’s highest export potential is United States. With an export gap of $25.2M.   Copper Pipes’s highest import potential is China with an import gap of $9.2M.

See methodology.

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