HS Icon Laboratory Reagents in  Flag Canada

2020
Exports | Imports
: $858M | $1.01B, World Rnk 12 / 211
Flag Rnk 81 / 1208 | World Rnk 9 / 224
Flag Rnk 84 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $117M | $212M, United States |  United States

2020
ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127

2020
PRODUCT COMPLEXITY  IN Laboratory Reagents
: 1.31, Rnk 96 / 1029

Exports In 2020, Canada exported $858M in Laboratory Reagents, making it the 12th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 81st most exported product in Canada. The main destination of Laboratory Reagents exports from Canada are: United States ($613M), Belgium ($35M), China ($22.2M), Germany ($20M), and France ($14.8M).

The fastest growing export markets for Laboratory Reagents of Canada between 2019 and 2020 were United States ($117M), Belgium ($15.5M), and China ($6.92M).

Imports In 2020, Canada imported $1.01B in Laboratory Reagents, becoming the 9th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 84th most imported product in Canada. Canada imports Laboratory Reagents primarily from: United States ($682M), South Korea ($81.3M), United Kingdom ($78.1M), Germany ($38.2M), and Japan ($31.9M).

The fastest growing import markets in Laboratory Reagents for Canada between 2019 and 2020 were United States ($212M), South Korea ($75.7M), and United Kingdom ($22M).

August 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (August 2021 - August 2022): C$7.28M, (9.67%)

IMPORT GROWTH (August 2021 - August 2022): C$10M, (9.55%)

MAIN EXPORTER (August 2022): Ontario, C$35.7M

MAIN DESTINATION (August 2022): United States, C$57M

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

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EXPORTS (2020): $858M

IMPORTS (2020): $1.01B

NET TRADE (2020): -$150M

In 2020, Canada exported $858M in Laboratory Reagents. The main destinations of Canada exports on Laboratory Reagents were United States ($613M), Belgium ($35M), China ($22.2M), Germany ($20M), and France ($14.8M).

In 2020, Canada imported $1.01B in Laboratory Reagents, mainly from United States ($682M), South Korea ($81.3M), United Kingdom ($78.1M), Germany ($38.2M), and Japan ($31.9M).

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Flow

THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Canada WERE (2019 - 2020):

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

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Market Concentration

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Type

In 2020, Canada's main exporting competitors in Laboratory Reagents were:

In 2020, Canada's main importing competitors in Laboratory Reagents were:

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