Pearl Products in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $6.17M in Pearl Products, making it the 28th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 842nd most exported product in Canada. The main destination of Pearl Products exports from Canada are: United States ($5.45M), Hong Kong ($120k), Macau ($95.8k), Malaysia ($69.2k), and Singapore ($61.5k).

The fastest growing export markets for Pearl Products of Canada between 2021 and 2022 were United States ($586k), Macau ($95.8k), and Malaysia ($69.2k).

Imports In 2022, Canada imported $49M in Pearl Products, becoming the 11th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 704th most imported product in Canada. Canada imports Pearl Products primarily from: United States ($23.3M), China ($13.5M), Vietnam ($3.25M), Thailand ($3.09M), and India ($1.45M).

The fastest growing import markets in Pearl Products for Canada between 2021 and 2022 were United States ($5.45M), China ($2.75M), and Vietnam ($2.64M).

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

Latest Trends

January 2024

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Overview In January 2024 Canada's Pearl Products exports accounted up to C$493k and imports accounted up to C$4.07M, resulting in a negative trade balance of C$3.58M. Between January 2023 and January 2024 the exports of Canada's Pearl Products have increased by C$263k (115%) from C$230k to C$493k, while imports increased by C$196k (5.06%) from C$3.87M to C$4.07M.

Destinations In January 2024, Pearl Products were exported mostly to United States (C$491k), Hong Kong (C$1.53k), Australia (C$216), and United Kingdom (C$183), and were imported mostly from China (C$1.45M), Thailand (C$943k), United States (C$785k), Vietnam (C$389k), and India (C$126k).

Growth In January 2024, the increase in Pearl Products's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Pearl Products's year-by-year imports was explained primarily by an increase in imports from United States (C$144k or 38.2%), Vietnam (C$137k or 55.9%), and India (C$95.7k or 58.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$263k(115%)

IMPORT GROWTH (January 2023 - January 2024)C$196k(5.06%)

MAIN EXPORTER (January 2024)OntarioC$312k

MAIN DESTINATION (January 2024)United StatesC$491k

This section shows Pearl 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 Pearl Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.17M

IMPORTS (2022)$49M

NET TRADE (2022)-$42.9M

In 2022, Canada exported $6.17M in Pearl Products. The main destinations of Canada exports on Pearl Products were United States ($5.45M), Hong Kong ($120k), Macau ($95.8k), Malaysia ($69.2k), and Singapore ($61.5k).

In 2022, Canada imported $49M in Pearl Products, mainly from United States ($23.3M), China ($13.5M), Vietnam ($3.25M), Thailand ($3.09M), and India ($1.45M).

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