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Pricing

2022
Exports $2.47MWorld Rnk 24 / 112
Flag Rnk 953 / 1210
2022
Destination $1.06M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.06MSingapore
2022
PRODUCT COMPLEXITY IN Fireworks0.54Rnk 355 / 1025
2022
Imports $25.6MWorld Rnk 15 / 195
Flag Rnk 827 / 1213
2022
Origin $5.61M China
2021 - 2022
FASTEST GROWING ORIGIN $5.61MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.47M in Fireworks, making it the 24th largest exporter of Fireworks in the world. At the same year, Fireworks was the 953rd most exported product in Canada. The main destination of Fireworks exports from Canada are: Singapore ($1.06M), United States ($638k), Poland ($247k), United Kingdom ($217k), and Spain ($179k).

The fastest growing export markets for Fireworks of Canada between 2021 and 2022 were Singapore ($1.06M), Poland ($247k), and United Kingdom ($217k).

Imports In 2022, Canada imported $25.6M in Fireworks, becoming the 15th largest importer of Fireworks in the world. At the same year, Fireworks was the 827th most imported product in Canada. Canada imports Fireworks primarily from: China ($13.2M), United States ($4.84M), Germany ($2.81M), Cambodia ($2.48M), and United Kingdom ($931k).

The fastest growing import markets in Fireworks for Canada between 2021 and 2022 were China ($5.61M), United Kingdom ($878k), and United States ($319k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Fireworks exports accounted up to C$556k and imports accounted up to C$3.79M, resulting in a negative trade balance of C$3.23M. Between June 2023 and June 2024 the exports of Canada's   Fireworks have decreased by C$-711k (-56.1%) from C$1.27M to C$556k, while imports decreased by C$-195k (-4.89%) from C$3.98M to C$3.79M.

Destinations In June 2024, Fireworks were exported mostly to Singapore (C$503k) and United States (C$52.6k), and were imported mostly from Germany (C$2.18M), China (C$906k), United States (C$544k), Japan (C$60k), and United Kingdom (C$32k).

Growth In June 2024, the decrease in Fireworks's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Fireworks's year-by-year imports was explained primarily by a decrease in imports from China (C$-344k or -30.5%), United States (C$-16.9k or -5.01%), and Chinese Taipei (C$-52 or -80%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-711k(-56.1%)
IMPORT GROWTH (June 2023 - June 2024)C$-195k(-4.89%)
MAIN EXPORTER (June 2024)OntarioC$1.07M
MAIN DESTINATION (June 2024)SingaporeC$503k

This section shows Fireworks'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 Fireworks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.47M
IMPORTS (2022)$25.6M
NET TRADE (2022)-$23.1M

In 2022, Canada exported $2.47M in Fireworks. The main destinations of Canada exports on Fireworks were Singapore ($1.06M), United States ($638k), Poland ($247k), United Kingdom ($217k), and Spain ($179k).

In 2022, Canada imported $25.6M in Fireworks, mainly from China ($13.2M), United States ($4.84M), Germany ($2.81M), Cambodia ($2.48M), and United Kingdom ($931k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Singapore$1.06M (1%)
Poland$247k (1%)
United Kingdom$217k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY Canada WERE (2021 - 2022):
Luxembourg-$1.12M (-100%)
Brazil-$339k (-100%)
Germany-$176k (-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 Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, Canada's main importing competitors in Fireworks were:
United States $711M
Germany $94.5M
Netherlands $60.5M

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.17M
TOP IMPORT POTENTIALChina+ $1.85M

Fireworks’s highest export potential is United States. With an export gap of $1.17M.   Fireworks’s highest import potential is China with an import gap of $1.85M.

See methodology.

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