Inorganic Salts in Canada 2021 Exports | Imports : $38.6M | $122M, World Rnk 22 / 102 Rnk 526 / 1212 | World Rnk 12 / 188 Rnk 498 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $7.53M | $11.6M, South Korea | Vietnam
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Inorganic Salts: -0.39, Rnk 667 / 1029
Exports In 2021, Canada exported $38.6M in Inorganic Salts, making it the 22nd largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 526th most exported product in Canada. The main destination of Inorganic Salts exports from Canada are: South Korea ($9.72M), United States ($8.55M), China ($6.33M), Japan ($5.35M), and Indonesia ($2.63M).
The fastest growing export markets for Inorganic Salts of Canada between 2020 and 2021 were South Korea ($7.53M), Netherlands ($2.46M), and Indonesia ($1.03M).
Imports In 2021, Canada imported $122M in Inorganic Salts, becoming the 12th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 498th most imported product in Canada. Canada imports Inorganic Salts primarily from: Vietnam ($33.3M), United States ($27.8M), China ($21.2M), Brazil ($18M), and Germany ($8.27M).
The fastest growing import markets in Inorganic Salts for Canada between 2020 and 2021 were Vietnam ($11.6M), China ($4.06M), and Germany ($3.93M).
December 2022
Overview In December 2022 Canada's Inorganic Salts exports accounted up to C$3.82M and imports accounted up to C$13.2M, resulting in a negative trade balance of C$9.34M. Between December 2021 and December 2022 the exports of Canada's Inorganic Salts have increased by C$21.2k (0.56%) from C$3.8M to C$3.82M, while imports decreased by C$-892k (-6.35%) from C$14.1M to C$13.2M.
Destinations In December 2022, Inorganic Salts were exported mostly to United States (C$1.92M), France (C$1.77M), Japan (C$130k), and Poland (C$190), and were imported mostly from Vietnam (C$6.91M), South Africa (C$1.41M), United States (C$1.36M), Brazil (C$1.13M), and Germany (C$933k).
Growth In December 2022, the increase in Inorganic Salts's year-by-year exports was explained primarily by an increase in exports to United States (C$178k or 21.7%), China (C$109k or 16.4%), and Taiwan (C$90.6k or 120%). In December 2022, the decrease in Inorganic Salts's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-1.64M or -72.7%), United States (C$-299k or -13.7%), and China (C$-202k or -5.22%).
EXPORT GROWTH (December 2021 - December 2022): C$21.2k, (0.56%)
IMPORT GROWTH (December 2021 - December 2022): C$-892k, (-6.35%)
MAIN EXPORTER (December 2022): British Columbia, C$1.92M
MAIN DESTINATION (December 2022): United States, C$1.92M
This section shows Inorganic Salts'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 Inorganic Salts over time.
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EXPORTS (2021): $38.6M
IMPORTS (2021): $122M
NET TRADE (2021): -$83.9M
In 2021, Canada exported $38.6M in Inorganic Salts. The main destinations of Canada exports on Inorganic Salts were South Korea ($9.72M), United States ($8.55M), China ($6.33M), Japan ($5.35M), and Indonesia ($2.63M).
In 2021, Canada imported $122M in Inorganic Salts, mainly from Vietnam ($33.3M), United States ($27.8M), China ($21.2M), Brazil ($18M), and Germany ($8.27M).
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Inorganic Salts were:
In 2021, Canada's main importing competitors in Inorganic Salts were:
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