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2022
Exports $1.76BWorld Rnk 4 / 144
Flag Rnk 51 / 1210
2022
Destination $69M United States
2021 - 2022
FASTEST GROWING MARKET $69MUnited States
2022
PRODUCT COMPLEXITY IN Copper Wire-0.44Rnk 683 / 1025
2022
Imports $381MWorld Rnk 25 / 204
Flag Rnk 275 / 1213
2022
Origin $2.31M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.31MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.76B in Copper Wire, making it the 4th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 51st most exported product in Canada. The main destination of Copper Wire exports from Canada are: United States ($1.73B), Israel ($11.6M), Nicaragua ($6.64M), Cuba ($1.23M), and Jamaica ($1.09M).

The fastest growing export markets for Copper Wire of Canada between 2021 and 2022 were United States ($69M), Israel ($11.6M), and Cuba ($1.21M).

Imports In 2022, Canada imported $381M in Copper Wire, becoming the 25th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 275th most imported product in Canada. Canada imports Copper Wire primarily from: United States ($366M), China ($4.89M), Peru ($2.27M), Vietnam ($1.24M), and France ($862k).

The fastest growing import markets in Copper Wire for Canada between 2021 and 2022 were China ($2.31M), Peru ($371k), and Canada ($302k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Copper Wire exports accounted up to C$232M and imports accounted up to C$37.7M, resulting in a positive trade balance of C$194M. Between September 2023 and September 2024 the exports of Canada's   Copper Wire have increased by C$57.9M (33.3%) from C$174M to C$232M, while imports increased by C$1.89M (5.28%) from C$35.8M to C$37.7M.

Destinations In September 2024, Copper Wire were exported mostly to United States (C$232M), South Africa (C$16.3k), and Brazil (C$4.68k), and were imported mostly from United States (C$36.7M), Peru (C$458k), Vietnam (C$101k), Germany (C$93.1k), and China (C$89.4k).

Growth In September 2024, the increase in Copper Wire's year-by-year exports was explained primarily by an increase in exports to United States (C$27.5M or 14.9%). In September 2024, the increase in Copper Wire's year-by-year imports was explained primarily by an increase in imports from China (C$378k or 195%), Peru (C$196k or 67.1%), and Japan (C$5.64k or 13.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$57.9M(33.3%)
IMPORT GROWTH (September 2023 - September 2024)C$1.89M(5.28%)
MAIN EXPORTER (September 2024)QuebecC$283M
MAIN DESTINATION (September 2024)United StatesC$232M

This section shows Copper Wire'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 Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.76B
IMPORTS (2022)$381M
NET TRADE (2022)$1.38B

In 2022, Canada exported $1.76B in Copper Wire. The main destinations of Canada exports on Copper Wire were United States ($1.73B), Israel ($11.6M), Nicaragua ($6.64M), Cuba ($1.23M), and Jamaica ($1.09M).

In 2022, Canada imported $381M in Copper Wire, mainly from United States ($366M), China ($4.89M), Peru ($2.27M), Vietnam ($1.24M), and France ($862k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$69M (4.14%)
Israel$11.6M (1%)
Cuba$1.21M (5.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Canada WERE (2021 - 2022):
Nicaragua-$6.42M (-49.1%)
Mexico-$766k (-86.2%)
South Africa-$379k (-100%)
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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 Wire were:
Germany $3.23B
United Arab Emirates $3.08B
Belgium $1.8B
In 2022, Canada's main importing competitors in Copper Wire were:
United States $2.21B
Mexico $1.11B
Italy $1.1B

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.15M
TOP IMPORT POTENTIALChina+ $6M

Copper Wire’s highest export potential is China. With an export gap of $3.15M.   Copper Wire’s highest import potential is China with an import gap of $6M.

See methodology.

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