NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $201MWorld Rnk 20 / 190
Flag Rnk 268 / 1212
2023
Destination $66.9M United States
2022 - 2023
FASTEST GROWING MARKET $66.9MUnited States
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.53Rnk 356 / 1025
2023
Imports $345MWorld Rnk 13 / 220
Flag Rnk 276 / 1211
2023
Origin $9.85M United States
2022 - 2023
FASTEST GROWING ORIGIN $9.85MHungary
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $201M in Special Pharmaceuticals, making it the 20th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 268th most exported product in Canada. The main destination of Special Pharmaceuticals exports from Canada are: United States ($154M), China ($9.42M), Belgium ($5.72M), Switzerland ($3.25M), and Saudi Arabia ($2.41M).

The fastest growing export markets for Special Pharmaceuticals of Canada between 2022 and 2023 were United States ($66.9M), Saudi Arabia ($1.58M), and Guatemala ($764k).

Imports In 2023, Canada imported $345M in Special Pharmaceuticals, becoming the 13th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 276th most imported product in Canada. Canada imports Special Pharmaceuticals primarily from: United States ($115M), Germany ($67.9M), Finland ($32.1M), China ($21.2M), and Netherlands ($18M).

The fastest growing import markets in Special Pharmaceuticals for Canada between 2022 and 2023 were Hungary ($9.85M), Germany ($5.73M), and Italy ($4.46M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Special Pharmaceuticals exports accounted up to C$29.8M and imports accounted up to C$48.7M, resulting in a negative trade balance of C$18.8M. Between November 2023 and November 2024 the exports of Canada's   Special Pharmaceuticals have increased by C$8.11M (37.3%) from C$21.7M to C$29.8M, while imports increased by C$3.01M (6.6%) from C$45.7M to C$48.7M.

Destinations In November 2024, Special Pharmaceuticals were exported mostly to United States (C$27M), United Kingdom (C$1.37M), China (C$520k), Switzerland (C$344k), and Mexico (C$231k), and were imported mostly from United States (C$16.7M), Germany (C$7.35M), China (C$5.85M), Belgium (C$2.93M), and Finland (C$2.86M).

Growth In November 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (C$41.3k or 113%), Albania (C$20.2k or 57.2%), and Israel (C$11k or 18.2%). In November 2024, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from United States (C$8.31M or 78.3%), China (C$4.42M or 173%), and Germany (C$3.39M or 60.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$8.11M(37.3%)
IMPORT GROWTH (November 2023 - November 2024)C$3.01M(6.6%)
MAIN EXPORTER (November 2024)OntarioC$51.3M
MAIN DESTINATION (November 2024)United StatesC$27M

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$201M
IMPORTS (2023)$345M
NET TRADE (2023)-$144M

In 2023, Canada exported $201M in Special Pharmaceuticals. The main destinations of Canada exports on Special Pharmaceuticals were United States ($154M), China ($9.42M), Belgium ($5.72M), Switzerland ($3.25M), and Saudi Arabia ($2.41M).

In 2023, Canada imported $345M in Special Pharmaceuticals, mainly from United States ($115M), Germany ($67.9M), Finland ($32.1M), China ($21.2M), and Netherlands ($18M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$66.9M (76.8%)
Saudi Arabia$1.58M (191%)
Guatemala$764k (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Canada WERE (2022 - 2023):
Belgium-$57.3M (-90.9%)
France-$16.6M (-95.9%)
China-$9M (-48.9%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Special Pharmaceuticals were:
Germany $3.28B
United States $2.16B
Netherlands $1.28B
In 2023, Canada's main importing competitors in Special Pharmaceuticals were:
United States $3.5B
China $1.3B
Germany $1.2B

Explore Visualizations

Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $59.5M
TOP IMPORT POTENTIALUnited States+ $45.4M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $59.5M.   Special Pharmaceuticals’s highest import potential is United States with an import gap of $45.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms