2022
Exports
$10.4MWorld Rnk 20 / 64
Flag Rnk 773 / 1210
2022
PRODUCT COMPLEXITY IN Tar
-0.014Rnk 551 / 1025
2022
Imports
$79.7MWorld Rnk 5 / 106
Flag Rnk 614 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $10.4M in Tar, making it the 20th largest exporter of Tar in the world. At the same year, Tar was the 773rd most exported product in Canada. The main destination of Tar exports from Canada are: United States ($10.1M), Canada ($206k), Jamaica ($42.3k), Norway ($1.88k), and Sweden ($258).

The fastest growing export markets for Tar of Canada between 2021 and 2022 were United States ($1.46M), Jamaica ($42.3k), and Norway ($1.88k).

Imports In 2022, Canada imported $79.7M in Tar, becoming the 5th largest importer of Tar in the world. At the same year, Tar was the 614th most imported product in Canada. Canada imports Tar primarily from: United States ($61.5M), Belgium ($14.3M), Colombia ($2.48M), Brazil ($1.03M), and India ($230k).

The fastest growing import markets in Tar for Canada between 2021 and 2022 were United States ($10.6M), Belgium ($4.65M), and Colombia ($2.48M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-2.54M(-77.2%)
IMPORT GROWTH (July 2023 - July 2024)C$2.01M(26%)
MAIN EXPORTER (July 2024)OntarioC$812k
MAIN DESTINATION (July 2024)United StatesC$751k

This section shows Tar'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 Tar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.4M
IMPORTS (2022)$79.7M
NET TRADE (2022)-$69.3M

In 2022, Canada exported $10.4M in Tar. The main destinations of Canada exports on Tar were United States ($10.1M), Canada ($206k), Jamaica ($42.3k), Norway ($1.88k), and Sweden ($258).

In 2022, Canada imported $79.7M in Tar, mainly from United States ($61.5M), Belgium ($14.3M), Colombia ($2.48M), Brazil ($1.03M), and India ($230k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.46M (16.9%)
Jamaica$42.3k (1%)
Norway$1.88k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Canada WERE (2021 - 2022):
Canada-$751k (-78.4%)
South Korea-$79 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Tar were:
In 2022, Canada's main importing competitors in Tar were:

Explore Visualizations

Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $3.89k
TOP IMPORT POTENTIALBrazil+ $563k

Tar’s highest export potential is Norway. With an export gap of $3.89k.   Tar’s highest import potential is Brazil with an import gap of $563k.

See methodology.

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