Overview In December 2022 Canada's Silver exports accounted up to C$175M and imports accounted up to C$281M, resulting in a negative trade balance of C$106M. Between December 2021 and December 2022 the exports of Canada's Silver have increased by C$69.6M (66%) from C$105M to C$175M, while imports increased by C$4.6M (1.66%) from C$277M to C$281M.
Destinations In December 2022, Silver were exported mostly to United States (C$174M), Germany (C$535k), Poland (C$247k), Belgium (C$140k), and Australia (C$91.1k), and were imported mostly from United States (C$84.7M), Germany (C$39.8M), Kazakhstan (C$32.8M), Chile (C$26.4M), and Canada (C$20.4M).
Growth In December 2022, the increase in Silver's year-by-year exports was explained primarily by an increase in exports to Australia (C$29.5k or 34.7%), Vietnam (C$8.01k or 823%), and South Korea (C$7.65k or 468%). In December 2022, the increase in Silver's year-by-year imports was explained primarily by an increase in imports from United States (C$37.2M or 94.5%), United Kingdom (C$35.7M or 176%), and Mexico (C$26.1M or 1.06M%).