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2022
Exports $43.9MWorld Rnk 15 / 120
Flag Rnk 513 / 1210
2022
Destination $18.4M United States
2021 - 2022
FASTEST GROWING MARKET $18.4MUnited States
2022
PRODUCT COMPLEXITY IN Glycerol0.072Rnk 529 / 1025
2022
Imports $88.8MWorld Rnk 16 / 197
Flag Rnk 595 / 1213
2022
Origin $32.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $32.8MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $43.9M in Glycerol, making it the 15th largest exporter of Glycerol in the world. At the same year, Glycerol was the 513th most exported product in Canada. The main destination of Glycerol exports from Canada are: United States ($33M), China ($8.5M), India ($2.08M), Pakistan ($136k), and Malaysia ($90.4k).

The fastest growing export markets for Glycerol of Canada between 2021 and 2022 were United States ($18.4M), China ($6.57M), and India ($549k).

Imports In 2022, Canada imported $88.8M in Glycerol, becoming the 16th largest importer of Glycerol in the world. At the same year, Glycerol was the 595th most imported product in Canada. Canada imports Glycerol primarily from: United States ($70.9M), Malaysia ($9.4M), Brazil ($2.28M), Indonesia ($1.8M), and India ($1.26M).

The fastest growing import markets in Glycerol for Canada between 2021 and 2022 were United States ($32.8M), Malaysia ($3.49M), and Brazil ($1.52M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Glycerol exports accounted up to C$2.23M and imports accounted up to C$566k, resulting in a positive trade balance of C$1.66M. Between June 2023 and June 2024 the exports of Canada's   Glycerol have increased by C$703k (46.2%) from C$1.52M to C$2.23M, while imports decreased by C$-213k (-27.4%) from C$779k to C$566k.

Destinations In June 2024, Glycerol were exported mostly to United States (C$1.94M), China (C$202k), and India (C$79.9k), and were imported mostly from United States (C$550k), Malaysia (C$12.7k), China (C$1.58k), Japan (C$735), and Germany (C$201).

Growth In June 2024, the increase in Glycerol's year-by-year exports was explained primarily by an increase in exports to Pakistan (C$21.1k or 33%). In June 2024, the decrease in Glycerol's year-by-year imports was explained primarily by a decrease in imports from United States (C$-156k or -26.9%), Germany (C$-12.1k or -99.1%), and India (C$-5.07k or -18.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$703k(46.2%)
IMPORT GROWTH (June 2023 - June 2024)C$-213k(-27.4%)
MAIN EXPORTER (June 2024)AlbertaC$1.71M
MAIN DESTINATION (June 2024)United StatesC$1.94M

This section shows Glycerol'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 Glycerol over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.9M
IMPORTS (2022)$88.8M
NET TRADE (2022)-$44.9M

In 2022, Canada exported $43.9M in Glycerol. The main destinations of Canada exports on Glycerol were United States ($33M), China ($8.5M), India ($2.08M), Pakistan ($136k), and Malaysia ($90.4k).

In 2022, Canada imported $88.8M in Glycerol, mainly from United States ($70.9M), Malaysia ($9.4M), Brazil ($2.28M), Indonesia ($1.8M), and India ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glycerol EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$18.4M (127%)
China$6.57M (341%)
India$549k (35.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glycerol BY Canada WERE (2021 - 2022):
Pakistan-$1.22M (-90%)
Malaysia-$874k (-90.6%)
Japan-$111k (-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 Glycerol were:
Indonesia $1.58B
Malaysia $652M
Germany $577M
In 2022, Canada's main importing competitors in Glycerol were:
China $1.34B
United States $388M
Netherlands $368M

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Trade Value of Glycerol by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.24M
TOP IMPORT POTENTIALBrazil+ $165k

Glycerol’s highest export potential is China. With an export gap of $3.24M.   Glycerol’s highest import potential is Brazil with an import gap of $165k.

See methodology.

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