2022
Exports
$13.8MWorld Rnk 22 / 153
Flag Rnk 728 / 1210
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$1.25MWorld Rnk 81 / 180
Flag Rnk 1135 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $13.8M in Laboratory Reagents, making it the 22nd largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 728th most exported product in Canada. The main destination of Laboratory Reagents exports from Canada are: Argentina ($3.53M), Chinese Taipei ($2.79M), Brunei ($2.53M), Philippines ($1.59M), and Bahamas ($618k).

The fastest growing export markets for Laboratory Reagents of Canada between 2021 and 2022 were Argentina ($2.89M), Chinese Taipei ($1.34M), and Philippines ($1.18M).

Imports In 2022, Canada imported $1.25M in Laboratory Reagents, becoming the 81st largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 1135th most imported product in Canada. Canada imports Laboratory Reagents primarily from: Chinese Taipei ($1.25M), Ukraine ($3.11k), Lesotho ($123), and Brunei ($34).

The fastest growing import markets in Laboratory Reagents for Canada between 2021 and 2022 were Lesotho ($123) and Brunei ($34).

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)C$7.5M(9.83%)
IMPORT GROWTH (April 2023 - April 2024)C$29.4M(30.5%)
MAIN EXPORTER (April 2024)OntarioC$35.2M
MAIN DESTINATION (April 2024)United StatesC$58.4M

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

Trade Balance

Color
EXPORTS (2022)$13.8M
IMPORTS (2022)$1.25M
NET TRADE (2022)$12.5M

In 2022, Canada exported $13.8M in Laboratory Reagents. The main destinations of Canada exports on Laboratory Reagents were Argentina ($3.53M), Chinese Taipei ($2.79M), Brunei ($2.53M), Philippines ($1.59M), and Bahamas ($618k).

In 2022, Canada imported $1.25M in Laboratory Reagents, mainly from Chinese Taipei ($1.25M), Ukraine ($3.11k), Lesotho ($123), and Brunei ($34).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Argentina$2.89M (453%)
Chinese Taipei$1.34M (91.8%)
Philippines$1.18M (290%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Canada WERE (2021 - 2022):
United States-$583M (-100%)
Belgium-$57.7M (-100%)
Germany-$28.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Laboratory Reagents were:
In 2022, Canada's main importing competitors in Laboratory Reagents were:

Explore Visualizations

Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $210M
TOP IMPORT POTENTIALUnited States+ $264M

Laboratory Reagents’s highest export potential is United States. With an export gap of $210M.   Laboratory Reagents’s highest import potential is United States with an import gap of $264M.

See methodology.

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