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2022
Exports $12.9MWorld Rnk 50 / 167
Flag Rnk 743 / 1210
2022
Destination $725k United States
2021 - 2022
FASTEST GROWING MARKET $725kUnited States
2022
PRODUCT COMPLEXITY IN Carbonates-0.61Rnk 730 / 1025
2022
Imports $160MWorld Rnk 26 / 216
Flag Rnk 466 / 1213
2022
Origin $16.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $16.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $12.9M in Carbonates, making it the 50th largest exporter of Carbonates in the world. At the same year, Carbonates was the 743rd most exported product in Canada. The main destination of Carbonates exports from Canada are: United States ($10.2M), Peru ($799k), United Kingdom ($765k), Brazil ($685k), and Australia ($173k).

The fastest growing export markets for Carbonates of Canada between 2021 and 2022 were United States ($725k), Brazil ($685k), and United Kingdom ($595k).

Imports In 2022, Canada imported $160M in Carbonates, becoming the 26th largest importer of Carbonates in the world. At the same year, Carbonates was the 466th most imported product in Canada. Canada imports Carbonates primarily from: United States ($120M), Turkey ($17.9M), China ($4.79M), Chile ($3.17M), and Italy ($2.24M).

The fastest growing import markets in Carbonates for Canada between 2021 and 2022 were United States ($16.5M), Turkey ($7.99M), and Chile ($1.71M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Carbonates exports accounted up to C$1.57M and imports accounted up to C$15.5M, resulting in a negative trade balance of C$13.9M. Between June 2023 and June 2024 the exports of Canada's   Carbonates have increased by C$568k (56.4%) from C$1.01M to C$1.57M, while imports decreased by C$-3.14M (-16.9%) from C$18.6M to C$15.5M.

Destinations In June 2024, Carbonates were exported mostly to United States (C$1.23M), Australia (C$289k), Lithuania (C$38.9k), Germany (C$12.9k), and Brazil (C$133), and were imported mostly from United States (C$13.2M), China (C$821k), Italy (C$511k), Germany (C$149k), and India (C$116k).

Growth In June 2024, the increase in Carbonates's year-by-year exports was explained primarily by an increase in exports to United States (C$394k or 73.2%). In June 2024, the decrease in Carbonates's year-by-year imports was explained primarily by a decrease in imports from Brazil (C$-216k or -80.9%), India (C$-124k or -81.8%), and South Korea (C$-76.2k or -98.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$568k(56.4%)
IMPORT GROWTH (June 2023 - June 2024)C$-3.14M(-16.9%)
MAIN EXPORTER (June 2024)ManitobaC$1.07M
MAIN DESTINATION (June 2024)United StatesC$1.23M

This section shows Carbonates'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 Carbonates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9M
IMPORTS (2022)$160M
NET TRADE (2022)-$147M

In 2022, Canada exported $12.9M in Carbonates. The main destinations of Canada exports on Carbonates were United States ($10.2M), Peru ($799k), United Kingdom ($765k), Brazil ($685k), and Australia ($173k).

In 2022, Canada imported $160M in Carbonates, mainly from United States ($120M), Turkey ($17.9M), China ($4.79M), Chile ($3.17M), and Italy ($2.24M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$725k (7.69%)
Brazil$685k (104k%)
United Kingdom$595k (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Canada WERE (2021 - 2022):
Peru-$1.9M (-70.4%)
Malaysia-$925k (-100%)
India-$192k (-90.6%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Carbonates were:
Chile $7.72B
China $2.25B
United States $2.11B
In 2022, Canada's main importing competitors in Carbonates were:
China $6.3B
South Korea $1.69B
Japan $1.27B

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.2M
TOP IMPORT POTENTIALUnited States+ $16.7M

Carbonates’s highest export potential is United States. With an export gap of $4.2M.   Carbonates’s highest import potential is United States with an import gap of $16.7M.

See methodology.

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