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2022
Exports $1.13MWorld Rnk 22 / 79
Flag Rnk 1027 / 1210
2022
Destination $799k Sweden
2021 - 2022
FASTEST GROWING MARKET $799kSweden
2022
Imports $10.4MWorld Rnk 8 / 156
Flag Rnk 949 / 1213
2022
Origin $446k United States
2021 - 2022
FASTEST GROWING ORIGIN $446kChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.13M in Magnesium Hydroxide and Peroxide, making it the 22nd largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1027th most exported product in Canada. The main destination of Magnesium Hydroxide and Peroxide exports from Canada are: Sweden ($799k), United States ($314k), Colombia ($7.48k), South Africa ($6.61k), and Guyana ($5.99k).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of Canada between 2021 and 2022 were Sweden ($799k), Colombia ($7.48k), and South Africa ($6.61k).

Imports In 2022, Canada imported $10.4M in Magnesium Hydroxide and Peroxide, becoming the 8th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 949th most imported product in Canada. Canada imports Magnesium Hydroxide and Peroxide primarily from: United States ($6.19M), Israel ($1.83M), China ($1.24M), Japan ($631k), and Netherlands ($381k).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for Canada between 2021 and 2022 were China ($446k), Japan ($268k), and Netherlands ($38.2k).

COMPANIES In 2023, leading companies such as Costco Wholesale (1) were at the forefront of shipping Magnesium Hydroxide and Peroxide from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Magnesium Hydroxide and Peroxide exports accounted up to C$6.72k and imports accounted up to C$1.39M, resulting in a negative trade balance of C$1.38M. Between July 2016 and June 2024 the exports of Canada's   Magnesium Hydroxide and Peroxide have decreased by C$-55.9k (-89.3%) from C$62.6k to C$6.72k, while imports decreased by C$-48.4k (-3.37%) from C$1.43M to C$1.39M.

Destinations In June 2024, Magnesium Hydroxide and Peroxide were exported mostly to United States (C$6.72k), and were imported mostly from United States (C$765k), China (C$327k), Israel (C$166k), Japan (C$105k), and India (C$18.7k).

Growth In June 2024, the decrease in Magnesium Hydroxide and Peroxide's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Magnesium Hydroxide and Peroxide's year-by-year imports was explained primarily by a decrease in imports from United States (C$-3.31k or -0.54%), Spain (C$-326 or -81.9%), and Germany (C$-146 or -7.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2016 - June 2024)C$-55.9k(-89.3%)
IMPORT GROWTH (June 2023 - June 2024)C$-48.4k(-3.37%)
MAIN EXPORTER (June 2024)OntarioC$6.72k
MAIN DESTINATION (June 2024)United StatesC$6.72k

This section shows Magnesium Hydroxide and Peroxide'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 Magnesium Hydroxide and Peroxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.13M
IMPORTS (2022)$10.4M
NET TRADE (2022)-$9.22M

In 2022, Canada exported $1.13M in Magnesium Hydroxide and Peroxide. The main destinations of Canada exports on Magnesium Hydroxide and Peroxide were Sweden ($799k), United States ($314k), Colombia ($7.48k), South Africa ($6.61k), and Guyana ($5.99k).

In 2022, Canada imported $10.4M in Magnesium Hydroxide and Peroxide, mainly from United States ($6.19M), Israel ($1.83M), China ($1.24M), Japan ($631k), and Netherlands ($381k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Sweden$799k (1%)
Colombia$7.48k (1%)
South Africa$6.61k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY Canada WERE (2021 - 2022):
United States-$129k (-29.1%)
Russia-$27.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Magnesium Hydroxide and Peroxide were:
China $58.1M
Russia $49.1M
Netherlands $35.4M
In 2022, Canada's main importing competitors in Magnesium Hydroxide and Peroxide were:
United States $33.1M
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $282k
TOP IMPORT POTENTIALChina+ $287k

Magnesium Hydroxide and Peroxide’s highest export potential is United States. With an export gap of $282k.   Magnesium Hydroxide and Peroxide’s highest import potential is China with an import gap of $287k.

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