2022
Exports
$85.7MWorld Rnk 16 / 123
Flag Rnk 412 / 1210
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$182MWorld Rnk 16 / 197
Flag Rnk 429 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $85.7M in Petroleum Resins, making it the 16th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 412th most exported product in Canada. The main destination of Petroleum Resins exports from Canada are: United States ($76.4M), Mexico ($3.57M), Guatemala ($1.01M), Dominican Republic ($727k), and China ($564k).

The fastest growing export markets for Petroleum Resins of Canada between 2021 and 2022 were United States ($32.9M), Mexico ($2.26M), and Guatemala ($634k).

Imports In 2022, Canada imported $182M in Petroleum Resins, becoming the 16th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 429th most imported product in Canada. Canada imports Petroleum Resins primarily from: United States ($141M), China ($20.8M), France ($5.19M), South Korea ($4.63M), and Japan ($2.36M).

The fastest growing import markets in Petroleum Resins for Canada between 2021 and 2022 were United States ($20.1M), China ($7.01M), and South Korea ($3.4M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$579k(5.82%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.4M(-7.31%)
MAIN EXPORTER (June 2024)QuebecC$10.8M
MAIN DESTINATION (June 2024)United StatesC$9.81M

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.7M
IMPORTS (2022)$182M
NET TRADE (2022)-$96.4M

In 2022, Canada exported $85.7M in Petroleum Resins. The main destinations of Canada exports on Petroleum Resins were United States ($76.4M), Mexico ($3.57M), Guatemala ($1.01M), Dominican Republic ($727k), and China ($564k).

In 2022, Canada imported $182M in Petroleum Resins, mainly from United States ($141M), China ($20.8M), France ($5.19M), South Korea ($4.63M), and Japan ($2.36M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$32.9M (75.5%)
Mexico$2.26M (172%)
Guatemala$634k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Canada WERE (2021 - 2022):
Egypt-$1.6M (-87.2%)
Hong Kong-$737k (-93.9%)
Peru-$193k (-55.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Petroleum Resins were:
In 2022, Canada's main importing competitors in Petroleum Resins were:

Explore Visualizations

Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.3M
TOP IMPORT POTENTIALUnited States+ $9.3M

Petroleum Resins’s highest export potential is United States. With an export gap of $12.3M.   Petroleum Resins’s highest import potential is United States with an import gap of $9.3M.

See methodology.

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