2022
Exports
$29.9MWorld Rnk 31 / 164
Flag Rnk 605 / 1210
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.18Rnk 110 / 1025
2022
Imports
$41.7MWorld Rnk 40 / 214
Flag Rnk 742 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $29.9M in Metal Insulating Fittings, making it the 31st largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 605th most exported product in Canada. The main destination of Metal Insulating Fittings exports from Canada are: United States ($26.1M), Mexico ($1.05M), China ($352k), Malaysia ($308k), and Brazil ($231k).

The fastest growing export markets for Metal Insulating Fittings of Canada between 2021 and 2022 were United States ($1.56M), Mexico ($483k), and Malaysia ($301k).

Imports In 2022, Canada imported $41.7M in Metal Insulating Fittings, becoming the 40th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 742nd most imported product in Canada. Canada imports Metal Insulating Fittings primarily from: United States ($21M), China ($12.5M), Germany ($1.52M), Poland ($1.01M), and Japan ($720k).

The fastest growing import markets in Metal Insulating Fittings for Canada between 2021 and 2022 were China ($4.74M), Japan ($633k), and Germany ($585k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$95.6k(1.89%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.23M(-23.4%)
MAIN EXPORTER (June 2024)OntarioC$3.41M
MAIN DESTINATION (June 2024)United StatesC$4.75M

This section shows Metal Insulating Fittings'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 Metal Insulating Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.9M
IMPORTS (2022)$41.7M
NET TRADE (2022)-$11.7M

In 2022, Canada exported $29.9M in Metal Insulating Fittings. The main destinations of Canada exports on Metal Insulating Fittings were United States ($26.1M), Mexico ($1.05M), China ($352k), Malaysia ($308k), and Brazil ($231k).

In 2022, Canada imported $41.7M in Metal Insulating Fittings, mainly from United States ($21M), China ($12.5M), Germany ($1.52M), Poland ($1.01M), and Japan ($720k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.56M (6.35%)
Mexico$483k (84.5%)
Malaysia$301k (4.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Canada WERE (2021 - 2022):
Australia-$78.8k (-38.4%)
Portugal-$63.8k (-100%)
Egypt-$54.3k (-74%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
Japan $738M
In 2022, Canada's main importing competitors in Metal Insulating Fittings were:

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.4M
TOP IMPORT POTENTIALUnited States+ $6.33M

Metal Insulating Fittings’s highest export potential is United States. With an export gap of $7.4M.   Metal Insulating Fittings’s highest import potential is United States with an import gap of $6.33M.

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