Raw Iron Bars in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $285M in Raw Iron Bars, making it the 21st largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 228th most exported product in Canada. The main destination of Raw Iron Bars exports from Canada are: United States ($282M), Canada ($2.09M), Mexico ($1.1M), Netherlands ($185k), and Kuwait ($75.2k).

The fastest growing export markets for Raw Iron Bars of Canada between 2021 and 2022 were United States ($99.9M), Mexico ($770k), and Netherlands ($185k).

Imports In 2022, Canada imported $808M in Raw Iron Bars, becoming the 5th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 147th most imported product in Canada. Canada imports Raw Iron Bars primarily from: United States ($271M), Turkey ($180M), United Arab Emirates ($108M), Vietnam ($83.4M), and Thailand ($80.4M).

The fastest growing import markets in Raw Iron Bars for Canada between 2021 and 2022 were Thailand ($66.5M), United Arab Emirates ($55.3M), and Mexico ($24.2M).

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

Latest Trends

January 2024

About

Overview In January 2024 Canada's Raw Iron Bars exports accounted up to C$27.9M and imports accounted up to C$34.8M, resulting in a negative trade balance of C$6.89M. Between January 2023 and January 2024 the exports of Canada's Raw Iron Bars have increased by C$3.26M (13.2%) from C$24.6M to C$27.9M, while imports increased by C$3.49M (11.1%) from C$31.3M to C$34.8M.

Destinations In January 2024, Raw Iron Bars were exported mostly to United States (C$27.7M), Mexico (C$196k), Barbados (C$10.6k), Cuba (C$6.09k), and Saint Pierre and Miquelon (C$270), and were imported mostly from United States (C$23.2M), Turkey (C$6.77M), New Zealand (C$2.8M), Taiwan (C$973k), and China (C$207k).

Growth In January 2024, the increase in Raw Iron Bars's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Raw Iron Bars's year-by-year imports was explained primarily by an increase in imports from United States (C$8.57M or 47.2%), Czechia (C$208k or 288%), and China (C$202k or 126%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$3.26M(13.2%)

IMPORT GROWTH (January 2023 - January 2024)C$3.49M(11.1%)

MAIN EXPORTER (January 2024)QuebecC$16.5M

MAIN DESTINATION (January 2024)United StatesC$27.7M

This section shows Raw Iron Bars'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 Raw Iron Bars over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$285M

IMPORTS (2022)$808M

NET TRADE (2022)-$523M

In 2022, Canada exported $285M in Raw Iron Bars. The main destinations of Canada exports on Raw Iron Bars were United States ($282M), Canada ($2.09M), Mexico ($1.1M), Netherlands ($185k), and Kuwait ($75.2k).

In 2022, Canada imported $808M in Raw Iron Bars, mainly from United States ($271M), Turkey ($180M), United Arab Emirates ($108M), Vietnam ($83.4M), and Thailand ($80.4M).

Explore Visualizations