Other Iron Bars in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $41M in Other Iron Bars, making it the 20th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 534th most exported product in Canada. The main destination of Other Iron Bars exports from Canada are: United States ($39.1M), Canada ($778k), China ($434k), Mauritania ($352k), and Mexico ($96k).

The fastest growing export markets for Other Iron Bars of Canada between 2021 and 2022 were Canada ($186k), Mauritania ($71.9k), and Mexico ($68.1k).

Imports In 2022, Canada imported $114M in Other Iron Bars, becoming the 7th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 537th most imported product in Canada. Canada imports Other Iron Bars primarily from: United States ($81.6M), Spain ($8.55M), United Kingdom ($4.94M), Romania ($4.17M), and Italy ($1.94M).

The fastest growing import markets in Other Iron Bars for Canada between 2021 and 2022 were United States ($14.2M), Romania ($1.87M), and Sweden ($836k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Iron Bars from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Other Iron Bars exports accounted up to C$4.42M and imports accounted up to C$13.2M, resulting in a negative trade balance of C$8.77M. Between January 2023 and January 2024 the exports of Canada's Other Iron Bars have decreased by C$-293k (-6.22%) from C$4.71M to C$4.42M, while imports increased by C$2.65M (25.1%) from C$10.5M to C$13.2M.

Destinations In January 2024, Other Iron Bars were exported mostly to United States (C$4.42M) and Spain (C$252), and were imported mostly from United States (C$8.36M), Spain (C$1.68M), Germany (C$746k), Romania (C$557k), and Turkey (C$356k).

Growth In January 2024, the decrease in Other Iron Bars's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.05M or -18.2%). In January 2024, the increase in Other Iron Bars's year-by-year imports was explained primarily by an increase in imports from Italy (C$218k or 76.3%), Taiwan (C$105k or 210%), and South Korea (C$43.9k or 399%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-293k(-6.22%)

IMPORT GROWTH (January 2023 - January 2024)C$2.65M(25.1%)

MAIN EXPORTER (January 2024)OntarioC$4.37M

MAIN DESTINATION (January 2024)United StatesC$4.42M

This section shows Other Iron Bars'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 Iron Bars over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$41M

IMPORTS (2022)$114M

NET TRADE (2022)-$72.9M

In 2022, Canada exported $41M in Other Iron Bars. The main destinations of Canada exports on Other Iron Bars were United States ($39.1M), Canada ($778k), China ($434k), Mauritania ($352k), and Mexico ($96k).

In 2022, Canada imported $114M in Other Iron Bars, mainly from United States ($81.6M), Spain ($8.55M), United Kingdom ($4.94M), Romania ($4.17M), and Italy ($1.94M).

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