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2023
Exports $206MWorld Rnk 39 / 212
Flag Rnk 265 / 1212
2023
Destination $13.5M United States
2022 - 2023
FASTEST GROWING MARKET $13.5MUnited States
2023
PRODUCT COMPLEXITY IN Jewellery-0.47Rnk 685 / 1025
2023
Imports $1.35BWorld Rnk 15 / 216
Flag Rnk 84 / 1211
2023
Origin $76.7M United States
2022 - 2023
FASTEST GROWING ORIGIN $76.7MFrance
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $206M in Jewellery, making it the 39th largest exporter of Jewellery in the world. At the same year, Jewellery was the 265th most exported product in Canada. The main destination of Jewellery exports from Canada are: United States ($149M), United Kingdom ($13.1M), Hong Kong ($11.1M), United Arab Emirates ($8.49M), and France ($5.13M).

The fastest growing export markets for Jewellery of Canada between 2022 and 2023 were United States ($13.5M), France ($2.71M), and Italy ($2.13M).

Imports In 2023, Canada imported $1.35B in Jewellery, becoming the 15th largest importer of Jewellery in the world. At the same year, Jewellery was the 84th most imported product in Canada. Canada imports Jewellery primarily from: United States ($346M), India ($195M), Italy ($179M), Thailand ($158M), and China ($102M).

The fastest growing import markets in Jewellery for Canada between 2022 and 2023 were France ($76.7M), Malaysia ($19.4M), and China ($11.7M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Jewellery exports accounted up to C$24.7M and imports accounted up to C$187M, resulting in a negative trade balance of C$162M. Between November 2023 and November 2024 the exports of Canada's   Jewellery have increased by C$6.07M (32.6%) from C$18.6M to C$24.7M, while imports decreased by C$-38.6M (-17.2%) from C$225M to C$187M.

Destinations In November 2024, Jewellery were exported mostly to United States (C$19.1M), France (C$1.96M), Hong Kong (C$1.84M), United Arab Emirates (C$721k), and United Kingdom (C$369k), and were imported mostly from United States (C$36.4M), Italy (C$35.1M), India (C$29.7M), Thailand (C$26M), and China (C$12.7M).

Growth In November 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to United States (C$2.39M or 28.5%), United Arab Emirates (C$991k or 169%), and Australia (C$301k or 456%). In November 2024, the decrease in Jewellery's year-by-year imports was explained primarily by a decrease in imports from Italy (C$-2.66M or -17.5%), China (C$-1.25M or -11.3%), and Vietnam (C$-629k or -65.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$6.07M(32.6%)
IMPORT GROWTH (November 2023 - November 2024)C$-38.6M(-17.2%)
MAIN EXPORTER (November 2024)OntarioC$19.6M
MAIN DESTINATION (November 2024)United StatesC$19.1M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$206M
IMPORTS (2023)$1.35B
NET TRADE (2023)-$1.14B

In 2023, Canada exported $206M in Jewellery. The main destinations of Canada exports on Jewellery were United States ($149M), United Kingdom ($13.1M), Hong Kong ($11.1M), United Arab Emirates ($8.49M), and France ($5.13M).

In 2023, Canada imported $1.35B in Jewellery, mainly from United States ($346M), India ($195M), Italy ($179M), Thailand ($158M), and China ($102M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$13.5M (9.93%)
France$2.71M (112%)
Italy$2.13M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Canada WERE (2022 - 2023):
United Kingdom-$7.9M (-37.5%)
Hong Kong-$1.42M (-11.3%)
South Korea-$997k (-56.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Canada's main importing competitors in Jewellery were:
Hong Kong $21.3B
United Arab Emirates $16.6B
United States $13.5B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $123M
TOP IMPORT POTENTIALUnited States+ $147M

Jewellery’s highest export potential is United States. With an export gap of $123M.   Jewellery’s highest import potential is United States with an import gap of $147M.

See methodology.

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