2023
Exports
$514MWorld Rnk 11 / 176
Flag Rnk 162 / 1212
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$481MWorld Rnk 12 / 217
Flag Rnk 214 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $514M in Aluminium Bars, making it the 11th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 162nd most exported product in Canada. The main destination of Aluminium Bars exports from Canada are: United States ($500M), Mexico ($6.24M), Germany ($2.01M), United Arab Emirates ($734k), and Thailand ($691k).

The fastest growing export markets for Aluminium Bars of Canada between 2022 and 2023 were Mexico ($892k), Thailand ($687k), and Israel ($356k).

Imports In 2023, Canada imported $481M in Aluminium Bars, becoming the 12th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 214th most imported product in Canada. Canada imports Aluminium Bars primarily from: United States ($234M), China ($50.1M), Vietnam ($30.9M), Turkey ($30.2M), and Malaysia ($25.9M).

The fastest growing import markets in Aluminium Bars for Canada between 2022 and 2023 were United Kingdom ($875k), Poland ($768k), and Czechia ($620k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$1.42M(2.65%)
IMPORT GROWTH (November 2023 - November 2024)C$-3.29M(-6.26%)
MAIN EXPORTER (November 2024)OntarioC$50.3M
MAIN DESTINATION (November 2024)United StatesC$54.7M

This section shows Aluminium Bars'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 Aluminium Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$514M
IMPORTS (2023)$481M
NET TRADE (2023)$33.5M

In 2023, Canada exported $514M in Aluminium Bars. The main destinations of Canada exports on Aluminium Bars were United States ($500M), Mexico ($6.24M), Germany ($2.01M), United Arab Emirates ($734k), and Thailand ($691k).

In 2023, Canada imported $481M in Aluminium Bars, mainly from United States ($234M), China ($50.1M), Vietnam ($30.9M), Turkey ($30.2M), and Malaysia ($25.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Mexico$892k (16.7%)
Thailand$687k (16.4k%)
Israel$356k (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Canada WERE (2022 - 2023):
United States-$138M (-21.6%)
Iceland-$2.08M (-100%)
Japan-$716k (-99.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Canada's main importing competitors in Aluminium Bars were:

Explore Visualizations

Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41M
TOP IMPORT POTENTIALChina+ $23.8M

Aluminium Bars’s highest export potential is United States. With an export gap of $41M.   Aluminium Bars’s highest import potential is China with an import gap of $23.8M.

See methodology.

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