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2022
Exports $191MWorld Rnk 6 / 105
Flag Rnk 290 / 1210
2022
Destination $16M United States
2021 - 2022
FASTEST GROWING MARKET $16MUnited States
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $45MWorld Rnk 17 / 176
Flag Rnk 722 / 1213
2022
Origin $2.17M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.17MGermany
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $191M in Iron Powder, making it the 6th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 290th most exported product in Canada. The main destination of Iron Powder exports from Canada are: United States ($113M), China ($11.9M), Spain ($11.6M), South Korea ($10.9M), and Germany ($10.7M).

The fastest growing export markets for Iron Powder of Canada between 2021 and 2022 were United States ($16M), Mexico ($2.87M), and China ($2.78M).

Imports In 2022, Canada imported $45M in Iron Powder, becoming the 17th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 722nd most imported product in Canada. Canada imports Iron Powder primarily from: United States ($29.9M), Germany ($6.52M), France ($1.51M), China ($1.43M), and South Korea ($1.14M).

The fastest growing import markets in Iron Powder for Canada between 2021 and 2022 were Germany ($2.17M), South Korea ($1.05M), and United Kingdom ($472k).

COMPANIES In 2023, leading companies such as Samsung (6) were at the forefront of shipping Iron Powder from Canada to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Canada's Iron Powder exports accounted up to C$12.1M and imports accounted up to C$4.71M, resulting in a positive trade balance of C$7.42M. Between August 2023 and August 2024 the exports of Canada's   Iron Powder have decreased by C$-4.62M (-27.6%) from C$16.7M to C$12.1M, while imports decreased by C$-532k (-10.2%) from C$5.24M to C$4.71M.

Destinations In August 2024, Iron Powder were exported mostly to United States (C$9.01M), Germany (C$832k), Spain (C$507k), Mexico (C$469k), and India (C$441k), and were imported mostly from United States (C$3.08M), China (C$482k), Germany (C$423k), France (C$281k), and Sweden (C$238k).

Growth In August 2024, the decrease in Iron Powder's year-by-year exports was explained primarily by a decrease in exports to United States (C$-429k or -3.75%), South Korea (C$-364k or -55%), and Brazil (C$-102k or -69.3%). In August 2024, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from United States (C$-893k or -27.3%), Turkey (C$-328k or -89%), and Germany (C$-101k or -21%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-4.62M(-27.6%)
IMPORT GROWTH (August 2023 - August 2024)C$-532k(-10.2%)
MAIN EXPORTER (August 2024)QuebecC$13.3M
MAIN DESTINATION (August 2024)United StatesC$9.01M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$45M
NET TRADE (2022)$146M

In 2022, Canada exported $191M in Iron Powder. The main destinations of Canada exports on Iron Powder were United States ($113M), China ($11.9M), Spain ($11.6M), South Korea ($10.9M), and Germany ($10.7M).

In 2022, Canada imported $45M in Iron Powder, mainly from United States ($29.9M), Germany ($6.52M), France ($1.51M), China ($1.43M), and South Korea ($1.14M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$16M (16.4%)
Mexico$2.87M (43.6%)
China$2.78M (30.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Canada WERE (2021 - 2022):
South Korea-$3.52M (-24.5%)
Chinese Taipei-$1.91M (-21.1%)
Germany-$566k (-5.01%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Iron Powder were:
Sweden $492M
Germany $267M
Japan $257M
In 2022, Canada's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4M
TOP IMPORT POTENTIALChina+ $1.27M

Iron Powder’s highest export potential is China. With an export gap of $4M.   Iron Powder’s highest import potential is China with an import gap of $1.27M.

See methodology.

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