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2023
Exports $1.2BWorld Rnk 3 / 198
Flag Rnk 79 / 1212
2023
Destination $39.1M United States
2022 - 2023
FASTEST GROWING MARKET $39.1MChina
2023
PRODUCT COMPLEXITY IN Scrap Aluminium-0.71Rnk 761 / 1025
2023
Imports $205MWorld Rnk 25 / 152
Flag Rnk 382 / 1211
2023
Origin $6.94M United States
2022 - 2023
FASTEST GROWING ORIGIN $6.94MQatar
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.2B in Scrap Aluminium, making it the 3rd largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 79th most exported product in Canada. The main destination of Scrap Aluminium exports from Canada are: United States ($719M), China ($104M), Hong Kong ($88.3M), India ($79.4M), and Malaysia ($46.7M).

The fastest growing export markets for Scrap Aluminium of Canada between 2022 and 2023 were China ($39.1M), India ($9.9M), and Thailand ($7.61M).

Imports In 2023, Canada imported $205M in Scrap Aluminium, becoming the 25th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 382nd most imported product in Canada. Canada imports Scrap Aluminium primarily from: United States ($195M), Qatar ($6.94M), Mexico ($1.04M), Sweden ($594k), and Brazil ($272k).

The fastest growing import markets in Scrap Aluminium for Canada between 2022 and 2023 were Qatar ($6.94M), Mexico ($597k), and Sweden ($440k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Scrap Aluminium exports accounted up to C$141M and imports accounted up to C$24.3M, resulting in a positive trade balance of C$117M. Between November 2023 and November 2024 the exports of Canada's   Scrap Aluminium have increased by C$22.4M (18.8%) from C$119M to C$141M, while imports increased by C$3.34M (15.9%) from C$21M to C$24.3M.

Destinations In November 2024, Scrap Aluminium were exported mostly to United States (C$94.1M), Thailand (C$10.1M), China (C$9.01M), India (C$6.15M), and Hong Kong (C$5.02M), and were imported mostly from United States (C$24.3M), Canada (C$24.6k), and Saint Pierre and Miquelon (C$122).

Growth In November 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to United States (C$11.7M or 16.8%), China (C$3.63M or 78.1%), and Thailand (C$2.37M or 266%). In November 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from United States (C$2.46M or 12.2%) and Saint Pierre and Miquelon (C$141 or 31.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$22.4M(18.8%)
IMPORT GROWTH (November 2023 - November 2024)C$3.34M(15.9%)
MAIN EXPORTER (November 2024)OntarioC$89.1M
MAIN DESTINATION (November 2024)United StatesC$94.1M

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.2B
IMPORTS (2023)$205M
NET TRADE (2023)$993M

In 2023, Canada exported $1.2B in Scrap Aluminium. The main destinations of Canada exports on Scrap Aluminium were United States ($719M), China ($104M), Hong Kong ($88.3M), India ($79.4M), and Malaysia ($46.7M).

In 2023, Canada imported $205M in Scrap Aluminium, mainly from United States ($195M), Qatar ($6.94M), Mexico ($1.04M), Sweden ($594k), and Brazil ($272k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Canada WERE (2022 - 2023):
China$39.1M (60.6%)
India$9.9M (14.2%)
Thailand$7.61M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Canada WERE (2022 - 2023):
United States-$146M (-16.9%)
Hong Kong-$39.1M (-30.7%)
South Korea-$33.9M (-47.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Scrap Aluminium were:
United States $3.45B
Germany $2.06B
In 2023, Canada's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $38.3M
TOP IMPORT POTENTIALUnited States+ $33M

Scrap Aluminium’s highest export potential is India. With an export gap of $38.3M.   Scrap Aluminium’s highest import potential is United States with an import gap of $33M.

See methodology.

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