Eyewear in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $22.8M in Eyewear, making it the 28th largest exporter of Eyewear in the world. At the same year, Eyewear was the 648th most exported product in Canada. The main destination of Eyewear exports from Canada are: United States ($17.1M), Canada ($1.04M), India ($874k), Netherlands ($448k), and Hong Kong ($397k).

The fastest growing export markets for Eyewear of Canada between 2021 and 2022 were India ($862k), Canada ($644k), and United States ($619k).

Imports In 2022, Canada imported $346M in Eyewear, becoming the 8th largest importer of Eyewear in the world. At the same year, Eyewear was the 294th most imported product in Canada. Canada imports Eyewear primarily from: United States ($141M), China ($122M), Italy ($29M), Chinese Taipei ($19.3M), and India ($9.21M).

The fastest growing import markets in Eyewear for Canada between 2021 and 2022 were China ($16M), Italy ($5.93M), and Thailand ($3.29M).

Latest Trends

October 2024

About

Overview In October 2024 Canada's Eyewear exports accounted up to C$563k and imports accounted up to C$35.6M, resulting in a negative trade balance of C$35M. Between October 2023 and October 2024 the exports of Canada's Eyewear have increased by C$310k (122%) from C$253k to C$563k, while imports decreased by C$-2.7M (-7.04%) from C$38.3M to C$35.6M.

Destinations In October 2024, Eyewear were exported mostly to United States (C$302k), Netherlands (C$130k), Australia (C$66.1k), France (C$42.1k), and China (C$8.81k), and were imported mostly from China (C$12.1M), Italy (C$6.82M), United States (C$5.81M), Thailand (C$4.58M), and Chinese Taipei (C$2.37M).

Growth In October 2024, the increase in Eyewear's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$176k or 384%), United Arab Emirates (C$29.7k or 61.7%), and France (C$29.6k or 17.3k%). In October 2024, the decrease in Eyewear's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)C$310k(122%)

IMPORT GROWTH (October 2023 - October 2024)C$-2.7M(-7.04%)

MAIN EXPORTER (October 2024)OntarioC$940k

MAIN DESTINATION (October 2024)United StatesC$302k

This section shows Eyewear'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 Eyewear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$22.8M

IMPORTS (2022)$346M

NET TRADE (2022)-$323M

In 2022, Canada exported $22.8M in Eyewear. The main destinations of Canada exports on Eyewear were United States ($17.1M), Canada ($1.04M), India ($874k), Netherlands ($448k), and Hong Kong ($397k).

In 2022, Canada imported $346M in Eyewear, mainly from United States ($141M), China ($122M), Italy ($29M), Chinese Taipei ($19.3M), and India ($9.21M).

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