Gold in Canada 2021 Exports | Imports : $14.3B | $6.16B, World Rnk 10 / 172 Rnk 4 / 1212 | World Rnk 13 / 176 Rnk 10 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.31B | $193M, Hong Kong | Peru
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Gold: -2.3, Rnk 1021 / 1029
Exports In 2021, Canada exported $14.3B in Gold, making it the 10th largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Canada. The main destination of Gold exports from Canada are: United Kingdom ($7.62B), United States ($2.59B), Switzerland ($1.96B), Hong Kong ($1.56B), and South Korea ($234M).
The fastest growing export markets for Gold of Canada between 2020 and 2021 were Hong Kong ($1.31B), Switzerland ($1.1B), and South Korea ($211M).
Imports In 2021, Canada imported $6.16B in Gold, becoming the 13th largest importer of Gold in the world. At the same year, Gold was the 10th most imported product in Canada. Canada imports Gold primarily from: Peru ($2.1B), Brazil ($1.6B), United States ($783M), Egypt ($710M), and Mauritania ($336M).
The fastest growing import markets in Gold for Canada between 2020 and 2021 were Peru ($193M), Mauritania ($53.2M), and Colombia ($24M).
December 2022
Overview In December 2022 Canada's Gold exports accounted up to C$1.51B and imports accounted up to C$892M, resulting in a positive trade balance of C$622M. Between December 2021 and December 2022 the exports of Canada's Gold have decreased by C$-114M (-6.99%) from C$1.63B to C$1.51B, while imports increased by C$11.2M (1.27%) from C$881M to C$892M.
Destinations In December 2022, Gold were exported mostly to United Kingdom (C$729M), Switzerland (C$386M), Hong Kong (C$233M), United States (C$132M), and Australia (C$10.1M), and were imported mostly from Brazil (C$269M), Peru (C$255M), Egypt (C$103M), Mauritania (C$72.9M), and United States (C$57.2M).
Growth In December 2022, the decrease in Gold's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (C$-660M or -38.5%), Switzerland (C$-74M or -37.5%), and Hong Kong (C$-4.33M or -1.9%). In December 2022, the increase in Gold's year-by-year imports was explained primarily by an increase in imports from United States (C$364M or 574%), Germany (C$332k or 15.8%), and United Arab Emirates (C$274k or 465%).
EXPORT GROWTH (December 2021 - December 2022): C$-114M, (-6.99%)
IMPORT GROWTH (December 2021 - December 2022): C$11.2M, (1.27%)
MAIN EXPORTER (December 2022): Ontario, C$1.27B
MAIN DESTINATION (December 2022): United Kingdom, C$729M
This section shows Gold'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 Gold over time.
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EXPORTS (2021): $14.3B
IMPORTS (2021): $6.16B
NET TRADE (2021): $8.11B
In 2021, Canada exported $14.3B in Gold. The main destinations of Canada exports on Gold were United Kingdom ($7.62B), United States ($2.59B), Switzerland ($1.96B), Hong Kong ($1.56B), and South Korea ($234M).
In 2021, Canada imported $6.16B in Gold, mainly from Peru ($2.1B), Brazil ($1.6B), United States ($783M), Egypt ($710M), and Mauritania ($336M).
THE FASTEST GROWING Gold EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Gold were:
In 2021, Canada's main importing competitors in Gold were:
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