Other Precious Metal Products in Canada 2020 Exports | Imports : $1.3B | $403M, World Rnk 2 / 104 Rnk 48 / 1208 | World Rnk 2 / 179 Rnk 208 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $737M | $191M, United States | United States
2020 ECONOMIC COMPLEXITY of Canada: 0.93, Rnk 29 / 127
2020 PRODUCT COMPLEXITY IN Other Precious Metal Products: 0.062, Rnk 534 / 1029
Exports In 2020, Canada exported $1.3B in Other Precious Metal Products, making it the 2nd largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 48th most exported product in Canada. The main destination of Other Precious Metal Products exports from Canada are: United States ($1.28B), Hong Kong ($8.04M), Singapore ($3.22M), Switzerland ($1.27M), and Netherlands ($1.22M).
The fastest growing export markets for Other Precious Metal Products of Canada between 2019 and 2020 were United States ($737M), Netherlands ($489k), and Japan ($335k).
Imports In 2020, Canada imported $403M in Other Precious Metal Products, becoming the 2nd largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 208th most imported product in Canada. Canada imports Other Precious Metal Products primarily from: United States ($282M), Hong Kong ($47M), United Kingdom ($21.8M), Singapore ($11.7M), and Mexico ($8.45M).
The fastest growing import markets in Other Precious Metal Products for Canada between 2019 and 2020 were United States ($191M), Hong Kong ($47M), and United Kingdom ($19.5M).
December 2022
Overview In December 2022 Canada's Other Precious Metal Products exports accounted up to C$184M and imports accounted up to C$30.9M, resulting in a positive trade balance of C$153M. Between December 2021 and December 2022 the exports of Canada's Other Precious Metal Products have increased by C$78.4M (74.5%) from C$105M to C$184M, while imports increased by C$10.9M (54.1%) from C$20.1M to C$30.9M.
Destinations In December 2022, Other Precious Metal Products were exported mostly to United States (C$183M), United Kingdom (C$133k), Germany (C$48.3k), Belgium (C$26.3k), and Japan (C$23.5k), and were imported mostly from United States (C$30.1M), Germany (C$241k), Switzerland (C$229k), Brazil (C$145k), and Canada (C$96.8k).
Growth In December 2022, the increase in Other Precious Metal Products's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$138k or 505%), Germany (C$117k or 559%), and Switzerland (C$26.5k or 3.11k%). In December 2022, the increase in Other Precious Metal Products's year-by-year imports was explained primarily by an increase in imports from United States (C$5.32M or 18.4%), France (C$50.5k or 24.3%), and Switzerland (C$1.22k or 0.36%).
EXPORT GROWTH (December 2021 - December 2022): C$78.4M, (74.5%)
IMPORT GROWTH (December 2021 - December 2022): C$10.9M, (54.1%)
MAIN EXPORTER (December 2022): Ontario, C$183M
MAIN DESTINATION (December 2022): United States, C$183M
This section shows Other Precious Metal 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 Precious Metal Products over time.
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EXPORTS (2020): $1.3B
IMPORTS (2020): $403M
NET TRADE (2020): $898M
In 2020, Canada exported $1.3B in Other Precious Metal Products. The main destinations of Canada exports on Other Precious Metal Products were United States ($1.28B), Hong Kong ($8.04M), Singapore ($3.22M), Switzerland ($1.27M), and Netherlands ($1.22M).
In 2020, Canada imported $403M in Other Precious Metal Products, mainly from United States ($282M), Hong Kong ($47M), United Kingdom ($21.8M), Singapore ($11.7M), and Mexico ($8.45M).
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Canada WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Canada WERE (2019 - 2020):
In 2020, Canada's main exporting competitors in Other Precious Metal Products were:
In 2020, Canada's main importing competitors in Other Precious Metal Products were:
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