2022
Exports
$426MWorld Rnk 4 / 203
Flag Rnk 193 / 1210
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$270MWorld Rnk 8 / 225
Flag Rnk 352 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $426M in Other Wood Articles, making it the 4th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 193rd most exported product in Canada. The main destination of Other Wood Articles exports from Canada are: United States ($418M), Canada ($3.08M), Australia ($1.19M), United Kingdom ($717k), and Mexico ($438k).

The fastest growing export markets for Other Wood Articles of Canada between 2021 and 2022 were Canada ($639k), Australia ($377k), and Mexico ($309k).

Imports In 2022, Canada imported $270M in Other Wood Articles, becoming the 8th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 352nd most imported product in Canada. Canada imports Other Wood Articles primarily from: China ($116M), United States ($111M), Mexico ($10M), Vietnam ($5.24M), and India ($4.45M).

The fastest growing import markets in Other Wood Articles for Canada between 2021 and 2022 were United States ($32.5M), Vietnam ($2.84M), and Mexico ($1.64M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$10.3M(29.3%)
IMPORT GROWTH (June 2023 - June 2024)C$-971k(-4.14%)
MAIN EXPORTER (June 2024)QuebecC$28.9M
MAIN DESTINATION (June 2024)United StatesC$44.6M

This section shows Other Wood Articles'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 Wood Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$426M
IMPORTS (2022)$270M
NET TRADE (2022)$156M

In 2022, Canada exported $426M in Other Wood Articles. The main destinations of Canada exports on Other Wood Articles were United States ($418M), Canada ($3.08M), Australia ($1.19M), United Kingdom ($717k), and Mexico ($438k).

In 2022, Canada imported $270M in Other Wood Articles, mainly from China ($116M), United States ($111M), Mexico ($10M), Vietnam ($5.24M), and India ($4.45M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Canada$639k (26.2%)
Australia$377k (46.2%)
Mexico$309k (238%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Canada WERE (2021 - 2022):
United States-$3.75M (-0.89%)
Netherlands-$415k (-90.4%)
Bahamas-$289k (-96.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, Canada's main importing competitors in Other Wood Articles were:

Explore Visualizations

Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.9M
TOP IMPORT POTENTIALChina+ $4.25M

Other Wood Articles’s highest export potential is United States. With an export gap of $42.9M.   Other Wood Articles’s highest import potential is China with an import gap of $4.25M.

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