Scrap Aluminium in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.36B in Scrap Aluminium, making it the 3rd largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 69th most exported product in Canada. The main destination of Scrap Aluminium exports from Canada are: United States ($865M), Hong Kong ($101M), China ($67M), South Korea ($66.6M), and India ($65.5M).

The fastest growing export markets for Scrap Aluminium of Canada between 2021 and 2022 were United States ($152M), China ($45.3M), and Hong Kong ($27.9M).

Imports In 2022, Canada imported $212M in Scrap Aluminium, becoming the 25th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 392nd most imported product in Canada. Canada imports Scrap Aluminium primarily from: United States ($207M), South Korea ($2.73M), Canada ($557k), Mexico ($407k), and United Kingdom ($288k).

The fastest growing import markets in Scrap Aluminium for Canada between 2021 and 2022 were United States ($36.2M), United Arab Emirates ($256k), and Canada ($144k).

COMPANIES In 2023, leading companies such as HP INC C/O MAERSK LNS (12) were at the forefront of shipping Scrap Aluminium from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Scrap Aluminium exports accounted up to C$115M and imports accounted up to C$24.2M, resulting in a positive trade balance of C$90.7M. Between January 2023 and January 2024 the exports of Canada's Scrap Aluminium have decreased by C$-3.59M (-3.03%) from C$118M to C$115M, while imports increased by C$1.39M (6.08%) from C$22.8M to C$24.2M.

Destinations In January 2024, Scrap Aluminium were exported mostly to United States (C$73.9M), China (C$8.34M), Malaysia (C$7.14M), Hong Kong (C$6.3M), and India (C$4.45M), and were imported mostly from United States (C$23.4M), Qatar (C$632k), Mexico (C$57.6k), Costa Rica (C$54.6k), and Czechia (C$42.2k).

Growth In January 2024, the decrease in Scrap Aluminium's year-by-year exports was explained primarily by a decrease in exports to South Korea (C$-4.26M or -65.9%), Hong Kong (C$-3.38M or -34.8%), and India (C$-2.52M or -48%). In January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-3.59M(-3.03%)

IMPORT GROWTH (January 2023 - January 2024)C$1.39M(6.08%)

MAIN EXPORTER (January 2024)OntarioC$65M

MAIN DESTINATION (January 2024)United StatesC$73.9M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.36B

IMPORTS (2022)$212M

NET TRADE (2022)$1.15B

In 2022, Canada exported $1.36B in Scrap Aluminium. The main destinations of Canada exports on Scrap Aluminium were United States ($865M), Hong Kong ($101M), China ($67M), South Korea ($66.6M), and India ($65.5M).

In 2022, Canada imported $212M in Scrap Aluminium, mainly from United States ($207M), South Korea ($2.73M), Canada ($557k), Mexico ($407k), and United Kingdom ($288k).

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