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2022
Exports $33.4MWorld Rnk 19 / 195
Flag Rnk 576 / 1210
2022
Destination $9.72M United States
2021 - 2022
FASTEST GROWING MARKET $9.72MUnited States
2022
PRODUCT COMPLEXITY IN Water-0.099Rnk 581 / 1025
2022
Imports $91.3MWorld Rnk 12 / 222
Flag Rnk 589 / 1213
2022
Origin $1.68M France
2021 - 2022
FASTEST GROWING ORIGIN $1.68MItaly
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $33.4M in Water, making it the 19th largest exporter of Water in the world. At the same year, Water was the 576th most exported product in Canada. The main destination of Water exports from Canada are: United States ($28.8M), China ($2.45M), Chinese Taipei ($770k), South Korea ($373k), and Saint Martin ($153k).

The fastest growing export markets for Water of Canada between 2021 and 2022 were United States ($9.72M), Saint Martin ($153k), and China ($93k).

Imports In 2022, Canada imported $91.3M in Water, becoming the 12th largest importer of Water in the world. At the same year, Water was the 589th most imported product in Canada. Canada imports Water primarily from: France ($33.2M), United States ($28.4M), Italy ($17.8M), Fiji ($4.29M), and Iceland ($1.18M).

The fastest growing import markets in Water for Canada between 2021 and 2022 were Italy ($1.68M), United States ($1.2M), and France ($1.07M).

COMPANIES In 2023, leading companies such as Costco Wholesale (26) were at the forefront of shipping Water from Canada to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Canada's Water exports accounted up to C$2.36M and imports accounted up to C$12.7M, resulting in a negative trade balance of C$10.3M. Between August 2023 and August 2024 the exports of Canada's   Water have decreased by C$-1.03M (-30.4%) from C$3.39M to C$2.36M, while imports increased by C$847k (7.16%) from C$11.8M to C$12.7M.

Destinations In August 2024, Water were exported mostly to United States (C$1.53M), China (C$607k), Chinese Taipei (C$176k), Saint Pierre and Miquelon (C$26.2k), and Hong Kong (C$7.23k), and were imported mostly from United States (C$4.94M), France (C$3.62M), Italy (C$2.52M), Fiji (C$640k), and Finland (C$138k).

Growth In August 2024, the decrease in Water's year-by-year exports was explained primarily by a decrease in exports to United States (C$-7.4M or -73%), China (C$-145k or -77%), and Hong Kong (C$-9.39k or -21.7%). In August 2024, the increase in Water's year-by-year imports was explained primarily by an increase in imports from France (C$1.69M or 39.8%), Italy (C$674k or 61.3%), and Fiji (C$657k or 163%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-1.03M(-30.4%)
IMPORT GROWTH (August 2023 - August 2024)C$847k(7.16%)
MAIN EXPORTER (August 2024)OntarioC$2.49M
MAIN DESTINATION (August 2024)United StatesC$1.53M

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.4M
IMPORTS (2022)$91.3M
NET TRADE (2022)-$57.8M

In 2022, Canada exported $33.4M in Water. The main destinations of Canada exports on Water were United States ($28.8M), China ($2.45M), Chinese Taipei ($770k), South Korea ($373k), and Saint Martin ($153k).

In 2022, Canada imported $91.3M in Water, mainly from France ($33.2M), United States ($28.4M), Italy ($17.8M), Fiji ($4.29M), and Iceland ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$9.72M (50.9%)
Saint Martin$153k (1%)
China$93k (3.94%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Canada WERE (2021 - 2022):
Chinese Taipei-$580k (-43%)
Japan-$378k (-82.7%)
Hungary-$73k (-57.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Water were:
France $921M
China $718M
Italy $705M
In 2022, Canada's main importing competitors in Water were:
United States $1.02B
Hong Kong $640M
Germany $253M

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.94M
TOP IMPORT POTENTIALUnited States+ $2.49M

Water’s highest export potential is United States. With an export gap of $9.94M.   Water’s highest import potential is United States with an import gap of $2.49M.

See methodology.

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