2022
Exports
$122MWorld Rnk 23 / 157
Flag Rnk 363 / 1210
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$446MWorld Rnk 6 / 215
Flag Rnk 247 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $122M in Unpackaged Medicaments, making it the 23rd largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 363rd most exported product in Canada. The main destination of Unpackaged Medicaments exports from Canada are: United States ($35.8M), Belgium ($24.8M), India ($10.8M), Netherlands ($9.46M), and Brazil ($7.41M).

The fastest growing export markets for Unpackaged Medicaments of Canada between 2021 and 2022 were Belgium ($19.6M), United States ($12M), and Brazil ($6.18M).

Imports In 2022, Canada imported $446M in Unpackaged Medicaments, becoming the 6th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 247th most imported product in Canada. Canada imports Unpackaged Medicaments primarily from: Portugal ($343M), United States ($39.4M), United Kingdom ($18.9M), China ($16.1M), and India ($9.24M).

The fastest growing import markets in Unpackaged Medicaments for Canada between 2021 and 2022 were Portugal ($331M), United Kingdom ($13.7M), and Italy ($1.78M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-4.18M(-25.7%)
IMPORT GROWTH (August 2023 - August 2024)C$-165M(-90.9%)
MAIN EXPORTER (August 2024)OntarioC$11.2M
MAIN DESTINATION (August 2024)United StatesC$3.04M

This section shows Unpackaged Medicaments'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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$122M
IMPORTS (2022)$446M
NET TRADE (2022)-$324M

In 2022, Canada exported $122M in Unpackaged Medicaments. The main destinations of Canada exports on Unpackaged Medicaments were United States ($35.8M), Belgium ($24.8M), India ($10.8M), Netherlands ($9.46M), and Brazil ($7.41M).

In 2022, Canada imported $446M in Unpackaged Medicaments, mainly from Portugal ($343M), United States ($39.4M), United Kingdom ($18.9M), China ($16.1M), and India ($9.24M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Belgium$19.6M (379%)
United States$12M (50.7%)
Brazil$6.18M (503%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Canada WERE (2021 - 2022):
Chinese Taipei-$8.23M (-98.7%)
Netherlands-$3.42M (-26.6%)
Ireland-$3.4M (-95.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.4M
TOP IMPORT POTENTIALUnited States+ $32.8M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $26.4M.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $32.8M.

See methodology.

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