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2023
Exports $122MWorld Rnk 3 / 131
Flag Rnk 347 / 1212
2023
Destination $369k United States
2022 - 2023
FASTEST GROWING MARKET $369kUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.43Rnk 935 / 1025
2023
Imports $38.8MWorld Rnk 9 / 208
Flag Rnk 735 / 1211
2023
Origin $1.87M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.87MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $122M in Asphalt Mixtures, making it the 3rd largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 347th most exported product in Canada. The main destination of Asphalt Mixtures exports from Canada are: United States ($118M), United Kingdom ($1.24M), Netherlands ($1.2M), United Arab Emirates ($445k), and Hong Kong ($231k).

The fastest growing export markets for Asphalt Mixtures of Canada between 2022 and 2023 were United Arab Emirates ($369k), Netherlands ($328k), and Australia ($114k).

Imports In 2023, Canada imported $38.8M in Asphalt Mixtures, becoming the 9th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 735th most imported product in Canada. Canada imports Asphalt Mixtures primarily from: United States ($31.8M), Belgium ($6.52M), United Kingdom ($274k), China ($131k), and Germany ($80.8k).

The fastest growing import markets in Asphalt Mixtures for Canada between 2022 and 2023 were United States ($1.87M), United Kingdom ($139k), and China ($116k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Asphalt Mixtures exports accounted up to C$6.69M and imports accounted up to C$1.46M, resulting in a positive trade balance of C$5.22M. Between November 2023 and November 2024 the exports of Canada's   Asphalt Mixtures have decreased by C$-491k (-6.84%) from C$7.18M to C$6.69M, while imports decreased by C$-880k (-37.6%) from C$2.34M to C$1.46M.

Destinations In November 2024, Asphalt Mixtures were exported mostly to United States (C$5.79M), United Kingdom (C$450k), Netherlands (C$132k), Poland (C$128k), and Slovakia (C$82.9k), and were imported mostly from United States (C$1.41M), Canada (C$28.1k), United Kingdom (C$19.6k), South Korea (C$112), and Spain (C$36).

Growth In November 2024, the decrease in Asphalt Mixtures's year-by-year exports was explained primarily by a decrease in exports to United States (C$-206k or -4.87%). In November 2024, the decrease in Asphalt Mixtures's year-by-year imports was explained primarily by a decrease in imports from United States (C$-117k or -7.56%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-491k(-6.84%)
IMPORT GROWTH (November 2023 - November 2024)C$-880k(-37.6%)
MAIN EXPORTER (November 2024)New BrunswickC$7.81M
MAIN DESTINATION (November 2024)United StatesC$5.79M

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$122M
IMPORTS (2023)$38.8M
NET TRADE (2023)$83.5M

In 2023, Canada exported $122M in Asphalt Mixtures. The main destinations of Canada exports on Asphalt Mixtures were United States ($118M), United Kingdom ($1.24M), Netherlands ($1.2M), United Arab Emirates ($445k), and Hong Kong ($231k).

In 2023, Canada imported $38.8M in Asphalt Mixtures, mainly from United States ($31.8M), Belgium ($6.52M), United Kingdom ($274k), China ($131k), and Germany ($80.8k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Arab Emirates$369k (487%)
Netherlands$328k (37.4%)
Australia$114k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Canada WERE (2022 - 2023):
United States-$15.9M (-11.9%)
United Kingdom-$545k (-30.5%)
Poland-$488k (-69.7%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Asphalt Mixtures were:
Japan $438M
United States $187M
In 2023, Canada's main importing competitors in Asphalt Mixtures were:
United Kingdom $279M
United States $188M
Malaysia $117M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.78M
TOP IMPORT POTENTIALUnited Kingdom+ $143k

Asphalt Mixtures’s highest export potential is United Kingdom. With an export gap of $1.78M.   Asphalt Mixtures’s highest import potential is United Kingdom with an import gap of $143k.

See methodology.

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