Silk in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $374k in Silk, making it the 51st largest exporter of Silk in the world. At the same year, Silk was the 96th most exported product in Canada. The main destination of Silk exports from Canada are: United States ($241k), Cote d'Ivoire ($31.5k), Paraguay ($26.4k), Italy ($18k), and United Kingdom ($9.69k).

The fastest growing export markets for Silk of Canada between 2021 and 2022 were United States ($37.8k), Cote d'Ivoire ($31.5k), and Paraguay ($26.4k).

Imports In 2022, Canada imported $5.62M in Silk, becoming the 42nd largest importer of Silk in the world. At the same year, Silk was the 96th most imported product in Canada. Canada imports Silk primarily from: China ($1.57M), Italy ($1.1M), India ($998k), United States ($786k), and South Korea ($602k).

The fastest growing import markets in Silk for Canada between 2021 and 2022 were China ($331k), Italy ($326k), and United States ($189k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Silk exports accounted up to C$14.9k and imports accounted up to C$381k, resulting in a negative trade balance of C$367k. Between June 2023 and June 2024 the exports of Canada's Silk have decreased by C$-22.2k (-59.8%) from C$37.1k to C$14.9k, while imports decreased by C$-21.1k (-5.24%) from C$403k to C$381k.

Destinations In June 2024, Silk were exported mostly to United States (C$12.8k) and Switzerland (C$2.15k), and were imported mostly from China (C$144k), Italy (C$55.5k), Peru (C$51k), India (C$40.3k), and Japan (C$24.4k).

Growth In June 2024, the decrease in Silk's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Silk's year-by-year imports was explained primarily by a decrease in imports from India (C$-134k or -77.7%), China (C$-90.8k or -34.1%), and United States (C$-11k or -39.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)C$-22.2k(-59.8%)

IMPORT GROWTH (June 2023 - June 2024)C$-21.1k(-5.24%)

MAIN EXPORTER (June 2024)OntarioC$175k

MAIN DESTINATION (June 2024)United StatesC$12.8k

This section shows Silk'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 Silk over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$374k

IMPORTS (2022)$5.62M

NET TRADE (2022)-$5.24M

In 2022, Canada exported $374k in Silk. The main destinations of Canada exports on Silk were United States ($241k), Cote d'Ivoire ($31.5k), Paraguay ($26.4k), Italy ($18k), and United Kingdom ($9.69k).

In 2022, Canada imported $5.62M in Silk, mainly from China ($1.57M), Italy ($1.1M), India ($998k), United States ($786k), and South Korea ($602k).

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