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2022
Exports $2.54MWorld Rnk 34 / 154
Flag Rnk 951 / 1210
2022
Destination $425k United States
2021 - 2022
FASTEST GROWING MARKET $425kUnited States
2022
PRODUCT COMPLEXITY IN Ink Ribbons1.06Rnk 149 / 1025
2022
Imports $28.1MWorld Rnk 16 / 214
Flag Rnk 812 / 1213
2022
Origin $837k United States
2021 - 2022
FASTEST GROWING ORIGIN $837kUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.54M in Ink Ribbons, making it the 34th largest exporter of Ink Ribbons in the world. At the same year, Ink Ribbons was the 951st most exported product in Canada. The main destination of Ink Ribbons exports from Canada are: United States ($1.06M), United Kingdom ($448k), Netherlands ($142k), Mexico ($137k), and Turkey ($122k).

The fastest growing export markets for Ink Ribbons of Canada between 2021 and 2022 were United States ($425k), United Kingdom ($189k), and Turkey ($67.5k).

Imports In 2022, Canada imported $28.1M in Ink Ribbons, becoming the 16th largest importer of Ink Ribbons in the world. At the same year, Ink Ribbons was the 812th most imported product in Canada. Canada imports Ink Ribbons primarily from: United States ($20.3M), China ($3.31M), South Korea ($1.05M), Japan ($981k), and Singapore ($779k).

The fastest growing import markets in Ink Ribbons for Canada between 2021 and 2022 were United States ($837k), Japan ($321k), and South Korea ($165k).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (7) were at the forefront of shipping Ink Ribbons from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Ink Ribbons exports accounted up to C$107k and imports accounted up to C$2.39M, resulting in a negative trade balance of C$2.28M. Between June 2023 and June 2024 the exports of Canada's   Ink Ribbons have increased by C$28.4k (36.2%) from C$78.4k to C$107k, while imports decreased by C$-32.4k (-1.34%) from C$2.42M to C$2.39M.

Destinations In June 2024, Ink Ribbons were exported mostly to United States (C$84k), Australia (C$14.5k), Spain (C$5.46k), and Mexico (C$2.79k), and were imported mostly from United States (C$1.38M), Japan (C$289k), China (C$221k), Singapore (C$134k), and Belgium (C$69.4k).

Growth In June 2024, the increase in Ink Ribbons's year-by-year exports was explained primarily by an increase in exports to Mexico (C$4.52k or 368%). In June 2024, the decrease in Ink Ribbons's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-110k or -98%), South Korea (C$-32.2k or -40.9%), and Belgium (C$-20.5k or -59.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$28.4k(36.2%)
IMPORT GROWTH (June 2023 - June 2024)C$-32.4k(-1.34%)
MAIN EXPORTER (June 2024)QuebecC$87.9k
MAIN DESTINATION (June 2024)United StatesC$84k

This section shows Ink Ribbons'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 Ink Ribbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.54M
IMPORTS (2022)$28.1M
NET TRADE (2022)-$25.6M

In 2022, Canada exported $2.54M in Ink Ribbons. The main destinations of Canada exports on Ink Ribbons were United States ($1.06M), United Kingdom ($448k), Netherlands ($142k), Mexico ($137k), and Turkey ($122k).

In 2022, Canada imported $28.1M in Ink Ribbons, mainly from United States ($20.3M), China ($3.31M), South Korea ($1.05M), Japan ($981k), and Singapore ($779k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink Ribbons EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$425k (66.3%)
United Kingdom$189k (73.2%)
Turkey$67.5k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink Ribbons BY Canada WERE (2021 - 2022):
Finland-$224k (-91.1%)
Iran-$77.9k (-100%)
Italy-$12.8k (-82.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Ink Ribbons were:
Japan $301M
China $243M
France $171M
In 2022, Canada's main importing competitors in Ink Ribbons were:
United States $195M
Germany $126M
Netherlands $106M

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Trade Value of Ink Ribbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $755k
TOP IMPORT POTENTIALChina+ $1.05M

Ink Ribbons’s highest export potential is United States. With an export gap of $755k.   Ink Ribbons’s highest import potential is China with an import gap of $1.05M.

See methodology.

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