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Exports In 2022, Canada exported $2.22M in Vegetable waxes and beeswax, making it the 23rd largest exporter of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 964th most exported product in Canada. The main destination of Vegetable waxes and beeswax exports from Canada are: United States ($2.07M), Canada ($44.3k), Iran ($30.2k), Israel ($27.6k), and Italy ($26.5k).

The fastest growing export markets for Vegetable waxes and beeswax of Canada between 2021 and 2022 were United States ($81.5k), Italy ($26.4k), and Iran ($26k).

Imports In 2022, Canada imported $10.1M in Vegetable waxes and beeswax, becoming the 9th largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 953rd most imported product in Canada. Canada imports Vegetable waxes and beeswax primarily from: United States ($7.7M), Malaysia ($675k), Brazil ($337k), Germany ($329k), and China ($230k).

The fastest growing import markets in Vegetable waxes and beeswax for Canada between 2021 and 2022 were India ($106k), Malaysia ($62.4k), and South Korea ($21.4k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)C$-34.2k(-13.3%)
IMPORT GROWTH (June 2023 - June 2024)C$73.9k(8.88%)
MAIN EXPORTER (June 2024)SaskatchewanC$469k
MAIN DESTINATION (June 2024)United StatesC$223k

This section shows Vegetable waxes and beeswax'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 Vegetable waxes and beeswax over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.22M
IMPORTS (2022)$10.1M
NET TRADE (2022)-$7.9M

In 2022, Canada exported $2.22M in Vegetable waxes and beeswax. The main destinations of Canada exports on Vegetable waxes and beeswax were United States ($2.07M), Canada ($44.3k), Iran ($30.2k), Israel ($27.6k), and Italy ($26.5k).

In 2022, Canada imported $10.1M in Vegetable waxes and beeswax, mainly from United States ($7.7M), Malaysia ($675k), Brazil ($337k), Germany ($329k), and China ($230k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable waxes and beeswax EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$81.5k (4.11%)
Italy$26.4k (61.5k%)
Iran$26k (624%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Canada WERE (2021 - 2022):
United Kingdom-$98.3k (-83.2%)
Canada-$36.1k (-44.9%)
Belgium-$20.5k (-92.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Canada's main importing competitors in Vegetable waxes and beeswax were:

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $837k
TOP IMPORT POTENTIALBrazil+ $309k

Vegetable waxes and beeswax’s highest export potential is United States. With an export gap of $837k.   Vegetable waxes and beeswax’s highest import potential is Brazil with an import gap of $309k.

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