Sawn Wood in Canada 2021 Exports | Imports : $13.3B | $682M, World Rnk 1 / 178 Rnk 5 / 1212 | World Rnk 16 / 223 Rnk 158 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.84B | $244M, United States | United States
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Sawn Wood: -1.2, Rnk 881 / 1024
Exports In 2021, Canada exported $13.3B in Sawn Wood, making it the 1st largest exporter of Sawn Wood in the world. At the same year, Sawn Wood was the 5th most exported product in Canada. The main destination of Sawn Wood exports from Canada are: United States ($11.2B), Japan ($884M), China ($450M), Philippines ($162M), and Chinese Taipei ($125M).
The fastest growing export markets for Sawn Wood of Canada between 2020 and 2021 were United States ($4.84B), Japan ($480M), and Philippines ($101M).
Imports In 2021, Canada imported $682M in Sawn Wood, becoming the 16th largest importer of Sawn Wood in the world. At the same year, Sawn Wood was the 158th most imported product in Canada. Canada imports Sawn Wood primarily from: United States ($613M), Guyana ($10.5M), Germany ($8.65M), Brazil ($8.3M), and China ($7.34M).
The fastest growing import markets in Sawn Wood for Canada between 2020 and 2021 were United States ($244M), Guyana ($10.5M), and China ($5.73M).
May 2023
Overview In May 2023 Canada's Sawn Wood exports accounted up to C$801M and imports accounted up to C$61.6M, resulting in a positive trade balance of C$740M. Between May 2022 and May 2023 the exports of Canada's Sawn Wood have decreased by C$-823M (-50.7%) from C$1.62B to C$801M, while imports decreased by C$-28.9M (-32%) from C$90.5M to C$61.6M.
Destinations In May 2023, Sawn Wood were exported mostly to United States (C$684M), Japan (C$35.4M), China (C$29.1M), Philippines (C$10.3M), and Taiwan (C$9.11M), and were imported mostly from United States (C$50.4M), Canada (C$4.54M), Germany (C$2.54M), China (C$1.1M), and Austria (C$386k).
Growth In May 2023, the decrease in Sawn Wood's year-by-year exports was explained primarily by a decrease in exports to United States (C$-173M or -15.6%), China (C$-13.6M or -34.1%), and South Korea (C$-2.77M or -44%). In May 2023, the decrease in Sawn Wood's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-683k or -89.1%), Brazil (C$-309k or -26.4%), and Mexico (C$-112k or -99.9%).
EXPORT GROWTH (May 2022 - May 2023): C$-823M, (-50.7%)
IMPORT GROWTH (May 2022 - May 2023): C$-28.9M, (-32%)
MAIN EXPORTER (May 2023): British Columbia, C$427M
MAIN DESTINATION (May 2023): United States, C$684M
This section shows Sawn Wood'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 Sawn Wood over time.
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EXPORTS (2021): $13.3B
IMPORTS (2021): $682M
NET TRADE (2021): $12.6B
In 2021, Canada exported $13.3B in Sawn Wood. The main destinations of Canada exports on Sawn Wood were United States ($11.2B), Japan ($884M), China ($450M), Philippines ($162M), and Chinese Taipei ($125M).
In 2021, Canada imported $682M in Sawn Wood, mainly from United States ($613M), Guyana ($10.5M), Germany ($8.65M), Brazil ($8.3M), and China ($7.34M).
THE FASTEST GROWING Sawn Wood EXPORT MARKETS FOR Canada WERE (2020 - 2021):
In 2021, Canada's main importing competitors in Sawn Wood were:
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