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2022
Exports $6.84BWorld Rnk 3 / 178
Flag Rnk 20 / 96
2022
Destination $491M United States
2021 - 2022
FASTEST GROWING MARKET $491MUnited States
2022
PRODUCT COMPLEXITY IN Wood pulp & paper scrap0.25Rnk 471 / 1025
2022
Imports $587MWorld Rnk 22 / 200
Flag Rnk 65 / 96
2022
Origin $68.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $68.8MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $6.84B in Wood pulp & paper scrap, making it the 3rd largest exporter of Wood pulp & paper scrap in the world. At the same year, Wood pulp & paper scrap was the 20th most exported product in Canada. The main destination of Wood pulp & paper scrap exports from Canada are: United States ($2.67B), China ($2.34B), India ($383M), Indonesia ($356M), and Japan ($291M).

The fastest growing export markets for Wood pulp & paper scrap of Canada between 2021 and 2022 were United States ($491M), Indonesia ($106M), and India ($71.9M).

Imports In 2022, Canada imported $587M in Wood pulp & paper scrap, becoming the 22nd largest importer of Wood pulp & paper scrap in the world. At the same year, Wood pulp & paper scrap was the 65th most imported product in Canada. Canada imports Wood pulp & paper scrap primarily from: United States ($543M), Brazil ($32M), Chile ($2.87M), Portugal ($2.75M), and Finland ($2.66M).

The fastest growing import markets in Wood pulp & paper scrap for Canada between 2021 and 2022 were United States ($68.8M), Brazil ($16.2M), and Italy ($454k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Wood pulp & paper scrap exports accounted up to C$663M and imports accounted up to C$67.5M, resulting in a positive trade balance of C$596M. Between June 2023 and June 2024 the exports of Canada's   Wood pulp & paper scrap have increased by C$216M (48.4%) from C$447M to C$663M, while imports increased by C$19.3M (40.1%) from C$48.2M to C$67.5M.

Destinations In June 2024, Wood pulp & paper scrap were exported mostly to United States (C$257M), China (C$221M), India (C$62.7M), South Korea (C$27.2M), and Indonesia (C$26.3M), and were imported mostly from United States (C$37.4M), Brazil (C$28.5M), Finland (C$1.18M), Uruguay (C$212k), and Canada (C$161k).

Growth In June 2024, the increase in Wood pulp & paper scrap's year-by-year exports was explained primarily by an increase in exports to N/A. In June 2024, the increase in Wood pulp & paper scrap's year-by-year imports was explained primarily by an increase in imports from Brazil (C$12.4M or 107%), Uruguay (C$641k or 583%), and Canada (C$45.1k or 163%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$216M(48.4%)
IMPORT GROWTH (June 2023 - June 2024)C$19.3M(40.1%)
MAIN EXPORTER (June 2024)British ColumbiaC$320M
MAIN DESTINATION (June 2024)United StatesC$257M

This section shows Wood pulp & paper scrap'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 Wood pulp & paper scrap over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.84B
IMPORTS (2022)$587M
NET TRADE (2022)$6.25B

In 2022, Canada exported $6.84B in Wood pulp & paper scrap. The main destinations of Canada exports on Wood pulp & paper scrap were United States ($2.67B), China ($2.34B), India ($383M), Indonesia ($356M), and Japan ($291M).

In 2022, Canada imported $587M in Wood pulp & paper scrap, mainly from United States ($543M), Brazil ($32M), Chile ($2.87M), Portugal ($2.75M), and Finland ($2.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood pulp & paper scrap EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$491M (22.6%)
Indonesia$106M (42.4%)
India$71.9M (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood pulp & paper scrap BY Canada WERE (2021 - 2022):
China-$138M (-5.59%)
Macau-$8.82M (-31.7%)
Malaysia-$5.47M (-42.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Wood pulp & paper scrap were:
United States $10.9B
Brazil $9.02B
In 2022, Canada's main importing competitors in Wood pulp & paper scrap were:
China $18.5B
United States $4.58B
India $3.94B

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Trade Value of Wood pulp & paper scrap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $175M
TOP IMPORT POTENTIALUnited States+ $73.8M

Wood pulp & paper scrap’s highest export potential is United States. With an export gap of $175M.   Wood pulp & paper scrap’s highest import potential is United States with an import gap of $73.8M.

See methodology.

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