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2022
Exports $4.92MWorld Rnk 36 / 106
Flag Rnk 866 / 1210
2022
Destination $2.34M United States
2021 - 2022
FASTEST GROWING MARKET $2.34MUnited States
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $193MWorld Rnk 11 / 191
Flag Rnk 417 / 1213
2022
Origin $33.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $33.5MMexico
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $4.92M in Phosphoric Acid, making it the 36th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 866th most exported product in Canada. The main destination of Phosphoric Acid exports from Canada are: United States ($4.79M), Brazil ($46.4k), Denmark ($35.7k), Philippines ($14.5k), and Guyana ($9.13k).

The fastest growing export markets for Phosphoric Acid of Canada between 2021 and 2022 were United States ($2.34M), Brazil ($46.4k), and Denmark ($35.7k).

Imports In 2022, Canada imported $193M in Phosphoric Acid, becoming the 11th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 417th most imported product in Canada. Canada imports Phosphoric Acid primarily from: United States ($135M), Mexico ($43.5M), China ($8.83M), Belgium ($1.72M), and India ($1.42M).

The fastest growing import markets in Phosphoric Acid for Canada between 2021 and 2022 were Mexico ($33.5M), United States ($17.3M), and China ($4.76M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Phosphoric Acid exports accounted up to C$771k and imports accounted up to C$10.2M, resulting in a negative trade balance of C$9.46M. Between June 2023 and June 2024 the exports of Canada's   Phosphoric Acid have increased by C$337k (77.9%) from C$433k to C$771k, while imports decreased by C$-4.7M (-31.5%) from C$14.9M to C$10.2M.

Destinations In June 2024, Phosphoric Acid were exported mostly to United States (C$771k), and were imported mostly from United States (C$6.2M), Mexico (C$2.62M), China (C$875k), Belgium (C$439k), and Netherlands (C$45.4k).

Growth In June 2024, the increase in Phosphoric Acid's year-by-year exports was explained primarily by an increase in exports to United States (C$270k or 81.9%). In June 2024, the decrease in Phosphoric Acid's year-by-year imports was explained primarily by a decrease in imports from United States (C$-3.29M or -23.1%), Belgium (C$-127k or -26.4%), and Italy (C$-4.12k or -71.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$337k(77.9%)
IMPORT GROWTH (June 2023 - June 2024)C$-4.7M(-31.5%)
MAIN EXPORTER (June 2024)OntarioC$477k
MAIN DESTINATION (June 2024)United StatesC$771k

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.92M
IMPORTS (2022)$193M
NET TRADE (2022)-$188M

In 2022, Canada exported $4.92M in Phosphoric Acid. The main destinations of Canada exports on Phosphoric Acid were United States ($4.79M), Brazil ($46.4k), Denmark ($35.7k), Philippines ($14.5k), and Guyana ($9.13k).

In 2022, Canada imported $193M in Phosphoric Acid, mainly from United States ($135M), Mexico ($43.5M), China ($8.83M), Belgium ($1.72M), and India ($1.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.34M (95.4%)
Brazil$46.4k (1%)
Denmark$35.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Canada WERE (2021 - 2022):
Cuba-$11k (-85.2%)
New Zealand-$7.19k (-98.3%)
Chile-$4.46k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Canada's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.51M
TOP IMPORT POTENTIALChina+ $5.39M

Phosphoric Acid’s highest export potential is United States. With an export gap of $2.51M.   Phosphoric Acid’s highest import potential is China with an import gap of $5.39M.

See methodology.

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