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2022
Exports $154MWorld Rnk 7 / 92
Flag Rnk 332 / 1210
2022
Destination $80.3M United States
2021 - 2022
FASTEST GROWING MARKET $80.3MUnited States
2022
PRODUCT COMPLEXITY IN Pig Iron-1.18Rnk 876 / 1025
2022
Imports $22.2MWorld Rnk 26 / 141
Flag Rnk 848 / 1213
2022
Origin $8.17M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $8.17MBrazil
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $154M in Pig Iron, making it the 7th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 332nd most exported product in Canada. The main destination of Pig Iron exports from Canada are: United States ($128M), Germany ($15.5M), Finland ($4.57M), United Kingdom ($1.85M), and Iceland ($1.16M).

The fastest growing export markets for Pig Iron of Canada between 2021 and 2022 were United States ($80.3M), Germany ($6.25M), and Finland ($4.57M).

Imports In 2022, Canada imported $22.2M in Pig Iron, becoming the 26th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 848th most imported product in Canada. Canada imports Pig Iron primarily from: Brazil ($11M), Ukraine ($5.71M), United States ($5.34M), France ($35.6k), and Austria ($34.6k).

The fastest growing import markets in Pig Iron for Canada between 2021 and 2022 were Brazil ($8.17M), France ($35.6k), and Austria ($34.6k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Pig Iron exports accounted up to C$7.45M and imports accounted up to C$61.4k, resulting in a positive trade balance of C$7.39M. Between August 2023 and August 2024 the exports of Canada's   Pig Iron have decreased by C$-544k (-6.81%) from C$7.99M to C$7.45M, while imports decreased by C$-507k (-89.2%) from C$568k to C$61.4k.

Destinations In August 2024, Pig Iron were exported mostly to United States (C$7.45M), and were imported mostly from United States (C$56.6k) and China (C$4.8k).

Growth In August 2024, the decrease in Pig Iron's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.29M or -43.5%). In August 2024, the decrease in Pig Iron's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-544k(-6.81%)
IMPORT GROWTH (August 2023 - August 2024)C$-507k(-89.2%)
MAIN EXPORTER (August 2024)QuebecC$11.8M
MAIN DESTINATION (August 2024)United StatesC$7.45M

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$154M
IMPORTS (2022)$22.2M
NET TRADE (2022)$132M

In 2022, Canada exported $154M in Pig Iron. The main destinations of Canada exports on Pig Iron were United States ($128M), Germany ($15.5M), Finland ($4.57M), United Kingdom ($1.85M), and Iceland ($1.16M).

In 2022, Canada imported $22.2M in Pig Iron, mainly from Brazil ($11M), Ukraine ($5.71M), United States ($5.34M), France ($35.6k), and Austria ($34.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$80.3M (166%)
Germany$6.25M (67.8%)
Finland$4.57M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Canada WERE (2021 - 2022):
Netherlands-$16.6M (-97.4%)
China-$4.67M (-98.6%)
Japan-$2.81M (-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 Pig Iron were:
Brazil $2.3B
Russia $1.78B
Ukraine $668M
In 2022, Canada's main importing competitors in Pig Iron were:
United States $2.87B
Italy $705M
Turkey $666M

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.5M
TOP IMPORT POTENTIALBrazil+ $2.22M

Pig Iron’s highest export potential is United States. With an export gap of $45.5M.   Pig Iron’s highest import potential is Brazil with an import gap of $2.22M.

See methodology.

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