2022
Exports
$12.8MWorld Rnk 34 / 200
Flag Rnk 746 / 1210
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$181MWorld Rnk 8 / 222
Flag Rnk 431 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $12.8M in Pens, making it the 34th largest exporter of Pens in the world. At the same year, Pens was the 746th most exported product in Canada. The main destination of Pens exports from Canada are: United States ($10.6M), Germany ($654k), United Arab Emirates ($367k), Colombia ($219k), and Guatemala ($122k).

The fastest growing export markets for Pens of Canada between 2021 and 2022 were United Arab Emirates ($358k), Germany ($188k), and Colombia ($94.5k).

Imports In 2022, Canada imported $181M in Pens, becoming the 8th largest importer of Pens in the world. At the same year, Pens was the 431st most imported product in Canada. Canada imports Pens primarily from: United States ($87.4M), China ($48.1M), Germany ($9.28M), Mexico ($8.75M), and Japan ($8.16M).

The fastest growing import markets in Pens for Canada between 2021 and 2022 were United States ($27.4M), China ($6.92M), and Italy ($1.39M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-95.5k(-25.4%)
IMPORT GROWTH (June 2023 - June 2024)C$2.1M(12.2%)
MAIN EXPORTER (June 2024)OntarioC$239k
MAIN DESTINATION (June 2024)United StatesC$252k

This section shows Pens'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 Pens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.8M
IMPORTS (2022)$181M
NET TRADE (2022)-$168M

In 2022, Canada exported $12.8M in Pens. The main destinations of Canada exports on Pens were United States ($10.6M), Germany ($654k), United Arab Emirates ($367k), Colombia ($219k), and Guatemala ($122k).

In 2022, Canada imported $181M in Pens, mainly from United States ($87.4M), China ($48.1M), Germany ($9.28M), Mexico ($8.75M), and Japan ($8.16M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United Arab Emirates$358k (3.72k%)
Germany$188k (40.3%)
Colombia$94.5k (75.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Canada WERE (2021 - 2022):
United States-$1.86M (-15%)
Japan-$44.8k (-63.2%)
Hong Kong-$33.9k (-77.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Canada's main importing competitors in Pens were:

Explore Visualizations

Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.15M
TOP IMPORT POTENTIALChina+ $5.53M

Pens’s highest export potential is United States. With an export gap of $6.15M.   Pens’s highest import potential is China with an import gap of $5.53M.

See methodology.

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