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2022
Exports $2.76MWorld Rnk 35 / 156
Flag Rnk 939 / 1210
2022
Destination $917k United States
2021 - 2022
FASTEST GROWING MARKET $917kUnited States
2022
PRODUCT COMPLEXITY IN Other Paints0.4Rnk 409 / 1025
2022
Imports $24.2MWorld Rnk 10 / 216
Flag Rnk 835 / 1213
2022
Origin $3.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.9MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.76M in Other Paints, making it the 35th largest exporter of Other Paints in the world. At the same year, Other Paints was the 939th most exported product in Canada. The main destination of Other Paints exports from Canada are: United States ($2M), China ($289k), South Korea ($157k), Chinese Taipei ($94.8k), and Morocco ($55.6k).

The fastest growing export markets for Other Paints of Canada between 2021 and 2022 were United States ($917k), China ($282k), and South Korea ($96.6k).

Imports In 2022, Canada imported $24.2M in Other Paints, becoming the 10th largest importer of Other Paints in the world. At the same year, Other Paints was the 835th most imported product in Canada. Canada imports Other Paints primarily from: United States ($21.1M), Germany ($1.4M), Italy ($908k), Sweden ($280k), and Japan ($111k).

The fastest growing import markets in Other Paints for Canada between 2021 and 2022 were United States ($3.9M), Sweden ($121k), and Japan ($83.5k).

Latest Trends

April 2024

About

Overview In April 2024 Canada's Other Paints exports accounted up to C$671k and imports accounted up to C$2.56M, resulting in a negative trade balance of C$1.89M. Between April 2023 and April 2024 the exports of Canada's   Other Paints have increased by C$257k (62.1%) from C$414k to C$671k, while imports increased by C$371k (17%) from C$2.18M to C$2.56M.

Destinations In April 2024, Other Paints were exported mostly to United States (C$517k), South Korea (C$129k), Turkey (C$11.8k), Honduras (C$6.73k), and Germany (C$6.14k), and were imported mostly from United States (C$2.2M), Germany (C$139k), Canada (C$76.3k), Italy (C$36.6k), and Sweden (C$31.6k).

Growth In April 2024, the increase in Other Paints's year-by-year exports was explained primarily by an increase in exports to United States (C$85.2k or 46.2%). In April 2024, the increase in Other Paints's year-by-year imports was explained primarily by an increase in imports from United States (C$752k or 46.7%), Germany (C$184k or 231%), and Canada (C$29.3k or 1.73k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)C$257k(62.1%)
IMPORT GROWTH (April 2023 - April 2024)C$371k(17%)
MAIN EXPORTER (April 2024)OntarioC$481k
MAIN DESTINATION (April 2024)United StatesC$517k

This section shows Other Paints'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 Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.76M
IMPORTS (2022)$24.2M
NET TRADE (2022)-$21.5M

In 2022, Canada exported $2.76M in Other Paints. The main destinations of Canada exports on Other Paints were United States ($2M), China ($289k), South Korea ($157k), Chinese Taipei ($94.8k), and Morocco ($55.6k).

In 2022, Canada imported $24.2M in Other Paints, mainly from United States ($21.1M), Germany ($1.4M), Italy ($908k), Sweden ($280k), and Japan ($111k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Paints EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$917k (84.8%)
China$282k (4.56k%)
South Korea$96.6k (160%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Paints BY Canada WERE (2021 - 2022):
Japan-$69.4k (-99.6%)
Mexico-$21.2k (-97.5%)
Germany-$16.6k (-71.3%)
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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 Paints were:
Germany $143M
United States $73.6M
Italy $55.6M
In 2022, Canada's main importing competitors in Other Paints were:
China $60.7M
Poland $44M
Belgium $33.7M

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Trade Value of Other Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $309k
TOP IMPORT POTENTIALGermany+ $573k

Other Paints’s highest export potential is United States. With an export gap of $309k.   Other Paints’s highest import potential is Germany with an import gap of $573k.

See methodology.

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