HS Icon Iron Ore in  Flag Canada

2020
Exports | Imports
: $5.73B | $568M, World Rnk 3 / 115
Flag Rnk 11 / 1208 | World Rnk 21 / 124
Flag Rnk 152 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.05B | $212k, China |  China


ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127


PRODUCT COMPLEXITY  IN Iron Ore
: -1.81, Rnk 991 / 1028

Exports In 2020, Canada exported $5.73B in Iron Ore, making it the 3rd largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 11th most exported product in Canada. The main destination of Iron Ore exports from Canada are: China ($2.09B), Japan ($612M), Germany ($491M), France ($489M), and South Korea ($311M).

The fastest growing export markets for Iron Ore of Canada between 2019 and 2020 were China ($1.05B), Germany ($202M), and United Kingdom ($64.4M).

Imports In 2020, Canada imported $568M in Iron Ore, becoming the 21st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 152nd most imported product in Canada. Canada imports Iron Ore primarily from: United States ($563M), Australia ($2.71M), Sweden ($2.57M), China ($213k), and Gabon ($30.3k).

The fastest growing import markets in Iron Ore for Canada between 2019 and 2020 were China ($212k), Gabon ($30.3k), and Burkina Faso ($8.05k).

April 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2021 - April 2022): C$139M, (22%)

IMPORT GROWTH (April 2021 - April 2022): C$-14.5M, (-19.2%)

MAIN EXPORTER (April 2022): Quebec, C$484M

MAIN DESTINATION (April 2022): China, C$276M

This section shows Iron Ore'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 Iron Ore over time.

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Historical Data

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EXPORTS (2020): $5.73B

IMPORTS (2020): $568M

NET TRADE (2020): $5.16B

In 2020, Canada exported $5.73B in Iron Ore. The main destinations of Canada exports on Iron Ore were China ($2.09B), Japan ($612M), Germany ($491M), France ($489M), and South Korea ($311M).

In 2020, Canada imported $568M in Iron Ore, mainly from United States ($563M), Australia ($2.71M), Sweden ($2.57M), China ($213k), and Gabon ($30.3k).

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IN 2020, Canada HAD A POSITIVE NET TRADE IN Iron Ore WITH:

IN 2020, Canada HAD A NEGATIVE NET TRADE IN Iron Ore WITH:

Flow

THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Canada WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Canada WERE (2019 - 2020):

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Market Concentration

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In 2019, Canada's main exporting competitors in Iron Ore were:

In 2019, Canada's main importing competitors in Iron Ore were:

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