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2022
Exports $51.5MWorld Rnk 22 / 169
Flag Rnk 488 / 1210
2022
Destination $770k United States
2021 - 2022
FASTEST GROWING MARKET $770kAustralia
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products0.34Rnk 425 / 1025
2022
Imports $218MWorld Rnk 10 / 217
Flag Rnk 387 / 1213
2022
Origin $25.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $25.5MIndia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $51.5M in Other Cast Iron Products, making it the 22nd largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 488th most exported product in Canada. The main destination of Other Cast Iron Products exports from Canada are: United States ($44.8M), Germany ($1.14M), Australia ($923k), Peru ($647k), and Chile ($547k).

The fastest growing export markets for Other Cast Iron Products of Canada between 2021 and 2022 were Australia ($770k), Chile ($367k), and Panama ($272k).

Imports In 2022, Canada imported $218M in Other Cast Iron Products, becoming the 10th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 387th most imported product in Canada. Canada imports Other Cast Iron Products primarily from: United States ($93.8M), India ($63.8M), China ($44.3M), Chinese Taipei ($4.19M), and Spain ($2.52M).

The fastest growing import markets in Other Cast Iron Products for Canada between 2021 and 2022 were India ($25.5M), China ($7.73M), and United States ($5.87M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Cast Iron Products exports accounted up to C$3.29M and imports accounted up to C$21.8M, resulting in a negative trade balance of C$18.5M. Between June 2023 and June 2024 the exports of Canada's   Other Cast Iron Products have decreased by C$-2.01M (-37.9%) from C$5.29M to C$3.29M, while imports decreased by C$-2.5M (-10.3%) from C$24.3M to C$21.8M.

Destinations In June 2024, Other Cast Iron Products were exported mostly to United States (C$2.83M), Peru (C$197k), United Kingdom (C$47.5k), Cuba (C$45.5k), and Iraq (C$44.5k), and were imported mostly from India (C$9.35M), United States (C$8.7M), China (C$2.88M), Italy (C$479k), and Germany (C$153k).

Growth In June 2024, the decrease in Other Cast Iron Products's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Other Cast Iron Products's year-by-year imports was explained primarily by a decrease in imports from India (C$-2.63M or -50.4%), China (C$-1.14M or -38.2%), and United Kingdom (C$-7.46k or -82.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-2.01M(-37.9%)
IMPORT GROWTH (June 2023 - June 2024)C$-2.5M(-10.3%)
MAIN EXPORTER (June 2024)QuebecC$3.17M
MAIN DESTINATION (June 2024)United StatesC$2.83M

This section shows Other Cast Iron Products'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 Other Cast Iron Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.5M
IMPORTS (2022)$218M
NET TRADE (2022)-$166M

In 2022, Canada exported $51.5M in Other Cast Iron Products. The main destinations of Canada exports on Other Cast Iron Products were United States ($44.8M), Germany ($1.14M), Australia ($923k), Peru ($647k), and Chile ($547k).

In 2022, Canada imported $218M in Other Cast Iron Products, mainly from United States ($93.8M), India ($63.8M), China ($44.3M), Chinese Taipei ($4.19M), and Spain ($2.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Australia$770k (504%)
Chile$367k (204%)
Panama$272k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Canada WERE (2021 - 2022):
Mexico-$4.72M (-89.9%)
Guyana-$505k (-100%)
United States-$405k (-0.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
Germany $631M
In 2022, Canada's main importing competitors in Other Cast Iron Products were:
Germany $1.19B
United States $711M
Italy $611M

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.9M
TOP IMPORT POTENTIALChina+ $7.02M

Other Cast Iron Products’s highest export potential is United States. With an export gap of $11.9M.   Other Cast Iron Products’s highest import potential is China with an import gap of $7.02M.

See methodology.

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