Insulating Glass in Canada 2021 Exports | Imports : $44.4M | $199M, World Rnk 13 / 117 Rnk 498 / 1212 | World Rnk 3 / 198 Rnk 382 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.86M | $8.12M, United States | Germany
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Insulating Glass: 0.68, Rnk 284 / 1024
Exports In 2021, Canada exported $44.4M in Insulating Glass, making it the 13th largest exporter of Insulating Glass in the world. At the same year, Insulating Glass was the 498th most exported product in Canada. The main destination of Insulating Glass exports from Canada are: United States ($42.9M), Macau ($1.3M), France ($65.9k), Finland ($36.2k), and Qatar ($28.1k).
The fastest growing export markets for Insulating Glass of Canada between 2020 and 2021 were United States ($2.86M), Macau ($1.3M), and Qatar ($28.1k).
Imports In 2021, Canada imported $199M in Insulating Glass, becoming the 3rd largest importer of Insulating Glass in the world. At the same year, Insulating Glass was the 382nd most imported product in Canada. Canada imports Insulating Glass primarily from: United States ($137M), Germany ($17.7M), Spain ($14M), China ($12.9M), and Ireland ($2.78M).
The fastest growing import markets in Insulating Glass for Canada between 2020 and 2021 were Germany ($8.12M), China ($5.01M), and Austria ($1.89M).
May 2023
Overview In May 2023 Canada's Insulating Glass exports accounted up to C$4.91M and imports accounted up to C$22.3M, resulting in a negative trade balance of C$17.4M. Between May 2022 and May 2023 the exports of Canada's Insulating Glass have decreased by C$-472k (-8.78%) from C$5.38M to C$4.91M, while imports increased by C$3.88M (21%) from C$18.5M to C$22.3M.
Destinations In May 2023, Insulating Glass were exported mostly to United States (C$4.91M) and India (C$2.36k), and were imported mostly from United States (C$16.4M), Germany (C$1.76M), Spain (C$1.08M), China (C$777k), and Mexico (C$616k).
Growth In May 2023, the decrease in Insulating Glass's year-by-year exports was explained primarily by a decrease in exports to . In May 2023, the increase in Insulating Glass's year-by-year imports was explained primarily by an increase in imports from Spain (C$585k or 37.7%), Portugal (C$160k or 1.6k%), and Italy (C$89.5k or 856%).
EXPORT GROWTH (May 2022 - May 2023): C$-472k, (-8.78%)
IMPORT GROWTH (May 2022 - May 2023): C$3.88M, (21%)
MAIN EXPORTER (May 2023): Quebec, C$2.89M
MAIN DESTINATION (May 2023): United States, C$4.91M
This section shows Insulating Glass'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 Insulating Glass over time.
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EXPORTS (2021): $44.4M
IMPORTS (2021): $199M
NET TRADE (2021): -$154M
In 2021, Canada exported $44.4M in Insulating Glass. The main destinations of Canada exports on Insulating Glass were United States ($42.9M), Macau ($1.3M), France ($65.9k), Finland ($36.2k), and Qatar ($28.1k).
In 2021, Canada imported $199M in Insulating Glass, mainly from United States ($137M), Germany ($17.7M), Spain ($14M), China ($12.9M), and Ireland ($2.78M).
THE FASTEST GROWING Insulating Glass EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulating Glass BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Insulating Glass were:
In 2021, Canada's main importing competitors in Insulating Glass were:
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