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2022
Exports $43.4MWorld Rnk 2 / 114
Flag Rnk 518 / 1210
2022
Destination $12.8M United States
2021 - 2022
FASTEST GROWING MARKET $12.8MUnited States
2022
Imports $9.84MWorld Rnk 14 / 201
Flag Rnk 961 / 1213
2022
Origin $4.64M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.64MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $43.4M in Hydrochloric Acid, making it the 2nd largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 518th most exported product in Canada. The main destination of Hydrochloric Acid exports from Canada are: United States ($42.8M), Netherlands ($222k), Canada ($82.6k), Australia ($58.6k), and Chinese Taipei ($58.5k).

The fastest growing export markets for Hydrochloric Acid of Canada between 2021 and 2022 were United States ($12.8M), Australia ($43.8k), and Peru ($35.4k).

Imports In 2022, Canada imported $9.84M in Hydrochloric Acid, becoming the 14th largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 961st most imported product in Canada. Canada imports Hydrochloric Acid primarily from: United States ($9.65M), Canada ($82.6k), Germany ($48.7k), Norway ($19.3k), and Japan ($11.6k).

The fastest growing import markets in Hydrochloric Acid for Canada between 2021 and 2022 were United States ($4.64M), Norway ($11.6k), and Austria ($5.45k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Hydrochloric Acid exports accounted up to C$7.47M and imports accounted up to C$1.49M, resulting in a positive trade balance of C$5.98M. Between June 2023 and June 2024 the exports of Canada's   Hydrochloric Acid have increased by C$4.52M (153%) from C$2.95M to C$7.47M, while imports decreased by C$-230k (-13.4%) from C$1.72M to C$1.49M.

Destinations In June 2024, Hydrochloric Acid were exported mostly to United States (C$7.41M), Australia (C$38.3k), Cuba (C$13k), and Suriname (C$2.59k), and were imported mostly from United States (C$1.32M), Canada (C$159k), Germany (C$4.7k), Austria (C$1.56k), and France (C$793).

Growth In June 2024, the increase in Hydrochloric Acid's year-by-year exports was explained primarily by an increase in exports to United States (C$3.94M or 108%). In June 2024, the decrease in Hydrochloric Acid's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-3.23k or -31.7%) and Belgium (C$-1.5k or -31.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$4.52M(153%)
IMPORT GROWTH (June 2023 - June 2024)C$-230k(-13.4%)
MAIN EXPORTER (June 2024)QuebecC$4.44M
MAIN DESTINATION (June 2024)United StatesC$7.41M

This section shows Hydrochloric Acid'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 Hydrochloric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.4M
IMPORTS (2022)$9.84M
NET TRADE (2022)$33.6M

In 2022, Canada exported $43.4M in Hydrochloric Acid. The main destinations of Canada exports on Hydrochloric Acid were United States ($42.8M), Netherlands ($222k), Canada ($82.6k), Australia ($58.6k), and Chinese Taipei ($58.5k).

In 2022, Canada imported $9.84M in Hydrochloric Acid, mainly from United States ($9.65M), Canada ($82.6k), Germany ($48.7k), Norway ($19.3k), and Japan ($11.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$12.8M (42.8%)
Australia$43.8k (297%)
Peru$35.4k (450%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY Canada WERE (2021 - 2022):
Netherlands-$168k (-43.1%)
China-$23.6k (-57.2%)
Poland-$22.1k (-37.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Hydrochloric Acid were:
Germany $72.1M
Japan $36.9M
In 2022, Canada's main importing competitors in Hydrochloric Acid were:
Germany $62.2M
United States $59.3M
France $30.3M

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Trade Value of Hydrochloric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $182k
TOP IMPORT POTENTIALGermany+ $92.9k

Hydrochloric Acid’s highest export potential is Netherlands. With an export gap of $182k.   Hydrochloric Acid’s highest import potential is Germany with an import gap of $92.9k.

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