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Pricing

2022
Exports $262kWorld Rnk 46 / 109
Flag Rnk 1113 / 1210
2022
Destination $68.9k Czechia
2021 - 2022
FASTEST GROWING MARKET $68.9kCzechia
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts-0.0094Rnk 550 / 1025
2022
Imports $1.39MWorld Rnk 56 / 180
Flag Rnk 1129 / 1213
2022
Origin $149k United States
2021 - 2022
FASTEST GROWING ORIGIN $149kFrance
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $262k in Synthetic Tanning Extracts, making it the 46th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 1113th most exported product in Canada. The main destination of Synthetic Tanning Extracts exports from Canada are: Czechia ($68.9k), United States ($49.1k), Turkey ($40.9k), China ($29.2k), and India ($23.8k).

The fastest growing export markets for Synthetic Tanning Extracts of Canada between 2021 and 2022 were Czechia ($68.9k), Turkey ($40.6k), and United States ($25.7k).

Imports In 2022, Canada imported $1.39M in Synthetic Tanning Extracts, becoming the 56th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 1129th most imported product in Canada. Canada imports Synthetic Tanning Extracts primarily from: United States ($592k), France ($302k), United Kingdom ($163k), Spain ($96.7k), and India ($73k).

The fastest growing import markets in Synthetic Tanning Extracts for Canada between 2021 and 2022 were France ($149k), Spain ($96.3k), and United Kingdom ($91.3k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Synthetic Tanning Extracts exports accounted up to C$21.9k and imports accounted up to C$143k, resulting in a negative trade balance of C$121k. Between December 2022 and August 2024 the exports of Canada's   Synthetic Tanning Extracts have decreased by C$-9.27k (-29.7%) from C$31.2k to C$21.9k, while imports increased by C$48.1k (50.8%) from C$94.6k to C$143k.

Destinations In August 2024, Synthetic Tanning Extracts were exported mostly to United Kingdom (C$15.4k) and United States (C$6.57k), and were imported mostly from France (C$57.6k), Turkey (C$32.9k), India (C$21.8k), United States (C$20k), and Germany (C$9.53k).

Growth In August 2024, the decrease in Synthetic Tanning Extracts's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Synthetic Tanning Extracts's year-by-year imports was explained primarily by an increase in imports from United States (C$213k or 747%), Germany (C$5.66k or 66%), and France (C$3.82k or 2.91k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - August 2024)C$-9.27k(-29.7%)
IMPORT GROWTH (August 2023 - August 2024)C$48.1k(50.8%)
MAIN EXPORTER (August 2024)QuebecC$21.9k
MAIN DESTINATION (August 2024)United KingdomC$15.4k

This section shows Synthetic Tanning Extracts'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 Synthetic Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$262k
IMPORTS (2022)$1.39M
NET TRADE (2022)-$1.13M

In 2022, Canada exported $262k in Synthetic Tanning Extracts. The main destinations of Canada exports on Synthetic Tanning Extracts were Czechia ($68.9k), United States ($49.1k), Turkey ($40.9k), China ($29.2k), and India ($23.8k).

In 2022, Canada imported $1.39M in Synthetic Tanning Extracts, mainly from United States ($592k), France ($302k), United Kingdom ($163k), Spain ($96.7k), and India ($73k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Czechia$68.9k (1%)
Turkey$40.6k (14.8k%)
United States$25.7k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY Canada WERE (2021 - 2022):
China-$49.1k (-62.7%)
Bangladesh-$36.8k (-84.6%)
South Africa-$25.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, Canada's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.4k
TOP IMPORT POTENTIALUnited States+ $103k

Synthetic Tanning Extracts’s highest export potential is United States. With an export gap of $57.4k.   Synthetic Tanning Extracts’s highest import potential is United States with an import gap of $103k.

See methodology.

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