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2022
Exports $1.36BWorld Rnk 3 / 200
Flag Rnk 69 / 1210
2022
Destination $152M United States
2021 - 2022
FASTEST GROWING MARKET $152MUnited States
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $212MWorld Rnk 25 / 157
Flag Rnk 392 / 1213
2022
Origin $36.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $36.2MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

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).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Scrap Aluminium exports accounted up to C$155M and imports accounted up to C$24.4M, resulting in a positive trade balance of C$130M. Between August 2023 and August 2024 the exports of Canada's   Scrap Aluminium have increased by C$15.2M (10.9%) from C$140M to C$155M, while imports increased by C$390k (1.62%) from C$24M to C$24.4M.

Destinations In August 2024, Scrap Aluminium were exported mostly to United States (C$91.9M), India (C$10.2M), China (C$9.74M), Malaysia (C$9.44M), and Hong Kong (C$8.47M), and were imported mostly from United States (C$24M), Qatar (C$435k), Canada (C$17.9k), Czechia (C$2.95k), and Saint Pierre and Miquelon (C$293).

Growth In August 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 August 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 (August 2023 - August 2024)C$15.2M(10.9%)
IMPORT GROWTH (August 2023 - August 2024)C$390k(1.62%)
MAIN EXPORTER (August 2024)OntarioC$85.3M
MAIN DESTINATION (August 2024)United StatesC$91.9M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$152M (21.3%)
China$45.3M (210%)
Hong Kong$27.9M (38.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Canada WERE (2021 - 2022):
Malaysia-$30.9M (-37.1%)
South Korea-$20.8M (-23.8%)
India-$2.74M (-4.02%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
In 2022, Canada's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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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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