2022
Exports
$14.2MWorld Rnk 32 / 144
Flag Rnk 724 / 1210
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2022
Imports
$207MWorld Rnk 12 / 219
Flag Rnk 399 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $14.2M in Other Stainless Steel Bars, making it the 32nd largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 724th most exported product in Canada. The main destination of Other Stainless Steel Bars exports from Canada are: United States ($11.5M), Canada ($912k), China ($268k), Italy ($219k), and Singapore ($165k).

The fastest growing export markets for Other Stainless Steel Bars of Canada between 2021 and 2022 were United States ($3.36M), Canada ($304k), and Italy ($211k).

Imports In 2022, Canada imported $207M in Other Stainless Steel Bars, becoming the 12th largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 399th most imported product in Canada. Canada imports Other Stainless Steel Bars primarily from: United States ($84.7M), Italy ($44.1M), India ($17.6M), Chinese Taipei ($15.4M), and Germany ($12M).

The fastest growing import markets in Other Stainless Steel Bars for Canada between 2021 and 2022 were United States ($21.7M), Germany ($7.35M), and Italy ($5.67M).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Stainless Steel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.2M
IMPORTS (2022)$207M
NET TRADE (2022)-$192M

In 2022, Canada exported $14.2M in Other Stainless Steel Bars. The main destinations of Canada exports on Other Stainless Steel Bars were United States ($11.5M), Canada ($912k), China ($268k), Italy ($219k), and Singapore ($165k).

In 2022, Canada imported $207M in Other Stainless Steel Bars, mainly from United States ($84.7M), Italy ($44.1M), India ($17.6M), Chinese Taipei ($15.4M), and Germany ($12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$3.36M (41.4%)
Canada$304k (49.9%)
Italy$211k (2.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY Canada WERE (2021 - 2022):
China-$282k (-51.2%)
Germany-$79.7k (-37.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, Canada's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.84M
TOP IMPORT POTENTIALIndia+ $9.88M

Other Stainless Steel Bars’s highest export potential is United States. With an export gap of $5.84M.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $9.88M.

See methodology.

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