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2022
Exports $30.2MWorld Rnk 8 / 129
Flag Rnk 596 / 1210
2022
Destination $4.81M United States
2021 - 2022
FASTEST GROWING MARKET $4.81MMalaysia
2022
PRODUCT COMPLEXITY IN Scrap Waste-0.6Rnk 727 / 1025
2022
Imports $1.73MWorld Rnk 27 / 84
Flag Rnk 1115 / 1213
2022
Origin $682k United States
2021 - 2022
FASTEST GROWING ORIGIN $682kUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $30.2M in Scrap Waste, making it the 8th largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 596th most exported product in Canada. The main destination of Scrap Waste exports from Canada are: United States ($14.9M), Malaysia ($8.1M), India ($3.59M), Japan ($1.48M), and Belgium ($1.23M).

The fastest growing export markets for Scrap Waste of Canada between 2021 and 2022 were Malaysia ($4.81M), United States ($2.33M), and Belgium ($857k).

Imports In 2022, Canada imported $1.73M in Scrap Waste, becoming the 27th largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 1115th most imported product in Canada. Canada imports Scrap Waste primarily from: United States ($1.72M), Canada ($1.1k), and China ($12).

The fastest growing import markets in Scrap Waste for Canada between 2021 and 2022 were United States ($682k), Canada ($1.1k), and China ($12).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Scrap Waste exports accounted up to C$2.66M and imports accounted up to C$78.4k, resulting in a positive trade balance of C$2.58M. Between June 2023 and June 2024 the exports of Canada's   Scrap Waste have increased by C$1.4M (111%) from C$1.26M to C$2.66M, while imports increased by C$53.8k (219%) from C$24.6k to C$78.4k.

Destinations In June 2024, Scrap Waste were exported mostly to United States (C$1.71M), India (C$507k), Japan (C$185k), Italy (C$182k), and Belgium (C$76.8k), and were imported mostly from United States (C$78.4k).

Growth In June 2024, the increase in Scrap Waste's year-by-year exports was explained primarily by an increase in exports to India (C$107k or 152%). In June 2024, the increase in Scrap Waste's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.4M(111%)
IMPORT GROWTH (June 2023 - June 2024)C$53.8k(219%)
MAIN EXPORTER (June 2024)OntarioC$1.41M
MAIN DESTINATION (June 2024)United StatesC$1.71M

This section shows Scrap Waste'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 Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.2M
IMPORTS (2022)$1.73M
NET TRADE (2022)$28.5M

In 2022, Canada exported $30.2M in Scrap Waste. The main destinations of Canada exports on Scrap Waste were United States ($14.9M), Malaysia ($8.1M), India ($3.59M), Japan ($1.48M), and Belgium ($1.23M).

In 2022, Canada imported $1.73M in Scrap Waste, mainly from United States ($1.72M), Canada ($1.1k), and China ($12).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Malaysia$4.81M (146%)
United States$2.33M (18.5%)
Belgium$857k (232%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY Canada WERE (2021 - 2022):
Hong Kong-$973k (-100%)
Sri Lanka-$775k (-79.8%)
India-$638k (-15.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Scrap Waste were:
United States $182M
France $140M
Germany $129M
In 2022, Canada's main importing competitors in Scrap Waste were:
India $258M
Malaysia $169M
Italy $167M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.41M
TOP IMPORT POTENTIALUnited States+ $760k

Scrap Waste’s highest export potential is India. With an export gap of $1.41M.   Scrap Waste’s highest import potential is United States with an import gap of $760k.

See methodology.

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