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2022
Exports $82.4MWorld Rnk 36 / 195
Flag Rnk 81 / 96
2022
Destination $7.05M United States
2021 - 2022
FASTEST GROWING MARKET $7.05MUnited States
2022
PRODUCT COMPLEXITY IN Man-made staple fibres1.12Rnk 127 / 1025
2022
Imports $345MWorld Rnk 34 / 218
Flag Rnk 73 / 96
2022
Origin $7.14M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.14MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $82.4M in Man-made staple fibres, making it the 36th largest exporter of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 81st most exported product in Canada. The main destination of Man-made staple fibres exports from Canada are: United States ($73.1M), Mexico ($1.68M), Canada ($943k), China ($794k), and Vietnam ($475k).

The fastest growing export markets for Man-made staple fibres of Canada between 2021 and 2022 were United States ($7.05M), Mexico ($1.43M), and Honduras ($267k).

Imports In 2022, Canada imported $345M in Man-made staple fibres, becoming the 34th largest importer of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 73rd most imported product in Canada. Canada imports Man-made staple fibres primarily from: United States ($174M), China ($37.2M), Belgium ($22.4M), South Korea ($15.9M), and Turkey ($13.1M).

The fastest growing import markets in Man-made staple fibres for Canada between 2021 and 2022 were United States ($7.14M), Mexico ($2.79M), and China ($2.76M).

COMPANIES In 2023, leading companies such as Helly Hansen (1) were at the forefront of shipping Man-made staple fibres from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Man-made staple fibres exports accounted up to C$6.68M and imports accounted up to C$34.7M, resulting in a negative trade balance of C$28M. Between June 2023 and June 2024 the exports of Canada's   Man-made staple fibres have increased by C$55.5k (0.84%) from C$6.62M to C$6.68M, while imports decreased by C$-3.44M (-9.02%) from C$38.2M to C$34.7M.

Destinations In June 2024, Man-made staple fibres were exported mostly to United States (C$6.44M), Honduras (C$108k), Italy (C$41.1k), Japan (C$21.8k), and India (C$19.2k), and were imported mostly from United States (C$16.4M), China (C$4.69M), Belgium (C$2.56M), Turkey (C$2.14M), and South Korea (C$2.1M).

Growth In June 2024, the increase in Man-made staple fibres's year-by-year exports was explained primarily by an increase in exports to United States (C$2.24M or 46.1%) and Mexico (C$794 or 4.97%). In June 2024, the decrease in Man-made staple fibres's year-by-year imports was explained primarily by a decrease in imports from Belgium (C$-2.58M or -78.7%), South Korea (C$-1.88M or -57.5%), and Switzerland (C$-1.1M or -95.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$55.5k(0.84%)
IMPORT GROWTH (June 2023 - June 2024)C$-3.44M(-9.02%)
MAIN EXPORTER (June 2024)QuebecC$5.89M
MAIN DESTINATION (June 2024)United StatesC$6.44M

This section shows Man-made staple fibres'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 Man-made staple fibres over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.4M
IMPORTS (2022)$345M
NET TRADE (2022)-$263M

In 2022, Canada exported $82.4M in Man-made staple fibres. The main destinations of Canada exports on Man-made staple fibres were United States ($73.1M), Mexico ($1.68M), Canada ($943k), China ($794k), and Vietnam ($475k).

In 2022, Canada imported $345M in Man-made staple fibres, mainly from United States ($174M), China ($37.2M), Belgium ($22.4M), South Korea ($15.9M), and Turkey ($13.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Man-made staple fibres EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$7.05M (10.7%)
Mexico$1.43M (562%)
Honduras$267k (287%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Man-made staple fibres BY Canada WERE (2021 - 2022):
Cuba-$790k (-100%)
Canada-$592k (-38.6%)
Dominican Republic-$539k (-78.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Man-made staple fibres were:
China $14.4B
United States $2.38B
Indonesia $2.35B
In 2022, Canada's main importing competitors in Man-made staple fibres were:
Bangladesh $2.28B
Turkey $2.19B
Vietnam $2.11B

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Trade Value of Man-made staple fibres by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALChina+ $20.7M

Man-made staple fibres’s highest export potential is United States. With an export gap of $12.8M.   Man-made staple fibres’s highest import potential is China with an import gap of $20.7M.

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