Retail Wool or Animal Hair Yarn in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $2.25M in Retail Wool or Animal Hair Yarn, making it the 24th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 961st most exported product in Canada. The main destination of Retail Wool or Animal Hair Yarn exports from Canada are: United States ($2.11M), Netherlands ($34.9k), France ($17.1k), Australia ($15k), and United Kingdom ($13.4k).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of Canada between 2021 and 2022 were Netherlands ($34.4k), Australia ($12k), and Costa Rica ($7.45k).

Imports In 2022, Canada imported $7.84M in Retail Wool or Animal Hair Yarn, becoming the 12th largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 994th most imported product in Canada. Canada imports Retail Wool or Animal Hair Yarn primarily from: United States ($2.15M), Peru ($963k), India ($738k), Italy ($719k), and Germany ($552k).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for Canada between 2021 and 2022 were Peru ($178k), Romania ($80.5k), and Germany ($44.1k).

Latest Trends

June 2024

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Overview In June 2024 Canada's Retail Wool or Animal Hair Yarn exports accounted up to C$36.1k and imports accounted up to C$621k, resulting in a negative trade balance of C$585k. Between June 2023 and June 2024 the exports of Canada's Retail Wool or Animal Hair Yarn have decreased by C$-30.6k (-45.9%) from C$66.7k to C$36.1k, while imports increased by C$109k (21.4%) from C$512k to C$621k.

Destinations In June 2024, Retail Wool or Animal Hair Yarn were exported mostly to United States (C$30.2k) and United States Minor Outlying Islands (C$5.88k), and were imported mostly from Turkey (C$174k), China (C$75.4k), United Kingdom (C$73k), United States (C$66.4k), and India (C$64.5k).

Growth In June 2024, the decrease in Retail Wool or Animal Hair Yarn's year-by-year exports was explained primarily by a decrease in exports to United States (C$-96.6k or -66.3%) and United States Minor Outlying Islands (C$-440 or -10.7%). In June 2024, the increase in Retail Wool or Animal Hair Yarn's year-by-year imports was explained primarily by an increase in imports from United States (C$35.9k or 33.1%), Italy (C$31.8k or 56.3%), and France (C$25k or 53.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)C$-30.6k(-45.9%)

IMPORT GROWTH (June 2023 - June 2024)C$109k(21.4%)

MAIN EXPORTER (June 2024)New BrunswickC$36.8k

MAIN DESTINATION (June 2024)United StatesC$30.2k

This section shows Retail Wool or Animal Hair Yarn'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 Retail Wool or Animal Hair Yarn over time.

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