HS Icon Soap in  Flag Canada

2020
Exports | Imports
: $52.2M | $349M, World Rnk 32 / 197
Flag Rnk 451 / 1208 | World Rnk 4 / 223
Flag Rnk 245 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.17M | $33.2M, Indonesia |  China


ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127


PRODUCT COMPLEXITY  IN Soap
: -1.12, Rnk 868 / 1028

Exports In 2020, Canada exported $52.2M in Soap, making it the 32nd largest exporter of Soap in the world. At the same year, Soap was the 451st most exported product in Canada. The main destination of Soap exports from Canada are: United States ($39.7M), Indonesia ($4.58M), Chinese Taipei ($1.5M), Dominican Republic ($1.12M), and China ($885k).

The fastest growing export markets for Soap of Canada between 2019 and 2020 were Indonesia ($4.17M), Japan ($432k), and Chinese Taipei ($250k).

Imports In 2020, Canada imported $349M in Soap, becoming the 4th largest importer of Soap in the world. At the same year, Soap was the 245th most imported product in Canada. Canada imports Soap primarily from: United States ($266M), China ($55.9M), United Kingdom ($3.44M), Italy ($3.36M), and Turkey ($2.1M).

The fastest growing import markets in Soap for Canada between 2019 and 2020 were China ($33.2M), United States ($15.7M), and Turkey ($1.75M).

Tariffs In 2018, the average tariff for Canada in Soap was 1.85%. The countries with the highest import tariffs for Soap were Australia (Preferential tariff for Australia (CANATA) Canada Australia Trade Agreement, 4%), New Zealand (Australian New Zealand Closer Economic Relations Trade Agreement (ANZCERTA)(1 January 1983), 4%), Botswana (Most Favoured Nation duty rate treatement, 3.56%), Algeria (Most Favoured Nation duty rate treatement, 3.56%), and Western Sahara (Most Favoured Nation duty rate treatement, 3.56%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): C$-4.92M, (-11%)

IMPORT GROWTH (November 2020 - November 2021): C$-8.59M, (-12.8%)

MAIN EXPORTER (November 2021): Ontario, C$20.5M

MAIN DESTINATION (November 2021): United States, C$37.9M

This section shows Soap'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 Soap over time.

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Historical Data

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EXPORTS (2020): $52.2M

IMPORTS (2020): $349M

NET TRADE (2020): -$297M

In 2020, Canada exported $52.2M in Soap. The main destinations of Canada exports on Soap were United States ($39.7M), Indonesia ($4.58M), Chinese Taipei ($1.5M), Dominican Republic ($1.12M), and China ($885k).

In 2020, Canada imported $349M in Soap, mainly from United States ($266M), China ($55.9M), United Kingdom ($3.44M), Italy ($3.36M), and Turkey ($2.1M).

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IN 2020, Canada HAD A POSITIVE NET TRADE IN Soap WITH:

IN 2020, Canada HAD A NEGATIVE NET TRADE IN Soap WITH:

Flow

THE FASTEST GROWING Soap EXPORT MARKETS FOR Canada WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Canada WERE (2019 - 2020):

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Market Concentration

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Type

In 2019, Canada's main exporting competitors in Soap were:

In 2019, Canada's main importing competitors in Soap were:

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Tariffs by Country

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In 2018, the average tariff for Canada in Soap was 1.85%.

The countries with the highest tariffs for Soap in Canada were Australia (Preferential tariff for Australia (CANATA) Canada Australia Trade Agreement, 4%), New Zealand (Australian New Zealand Closer Economic Relations Trade Agreement (ANZCERTA)(1 January 1983), 4%), Botswana (Most Favoured Nation duty rate treatement, 3.56%), Algeria (Most Favoured Nation duty rate treatement, 3.56%), and Western Sahara (Most Favoured Nation duty rate treatement, 3.56%).