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2022
Exports $8.52MWorld Rnk 49 / 133
Flag Rnk 798 / 1210
2022
Destination $414k United States
2021 - 2022
FASTEST GROWING MARKET $414kUnited States
2022
PRODUCT COMPLEXITY IN Copper Bars0.25Rnk 470 / 1025
2022
Imports $211MWorld Rnk 9 / 205
Flag Rnk 394 / 1213
2022
Origin $6.58M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.58MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $8.52M in Copper Bars, making it the 49th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 798th most exported product in Canada. The main destination of Copper Bars exports from Canada are: United States ($6.81M), Jamaica ($278k), Cuba ($239k), Brazil ($213k), and Belgium ($182k).

The fastest growing export markets for Copper Bars of Canada between 2021 and 2022 were United States ($414k), Belgium ($181k), and Japan ($113k).

Imports In 2022, Canada imported $211M in Copper Bars, becoming the 9th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 394th most imported product in Canada. Canada imports Copper Bars primarily from: United States ($150M), France ($13M), Mexico ($9.41M), South Korea ($6.38M), and Poland ($5.35M).

The fastest growing import markets in Copper Bars for Canada between 2021 and 2022 were United States ($6.58M), France ($2.58M), and South Korea ($2.37M).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Copper Bars exports accounted up to C$573k and imports accounted up to C$18.9M, resulting in a negative trade balance of C$18.3M. Between September 2023 and September 2024 the exports of Canada's   Copper Bars have increased by C$61.9k (12.1%) from C$511k to C$573k, while imports increased by C$1.35M (7.73%) from C$17.5M to C$18.9M.

Destinations In September 2024, Copper Bars were exported mostly to United States (C$524k), Vietnam (C$47.3k), Poland (C$2.15k), and Switzerland (C$40), and were imported mostly from United States (C$12.4M), Peru (C$2.53M), South Korea (C$1.17M), Spain (C$416k), and Mexico (C$338k).

Growth In September 2024, the increase in Copper Bars's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Copper Bars's year-by-year imports was explained primarily by an increase in imports from United States (C$2.38M or 14.6%), India (C$344k or 277%), and Spain (C$242k or 4.21k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$61.9k(12.1%)
IMPORT GROWTH (September 2023 - September 2024)C$1.35M(7.73%)
MAIN EXPORTER (September 2024)OntarioC$708k
MAIN DESTINATION (September 2024)United StatesC$524k

This section shows Copper 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 Copper Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.52M
IMPORTS (2022)$211M
NET TRADE (2022)-$203M

In 2022, Canada exported $8.52M in Copper Bars. The main destinations of Canada exports on Copper Bars were United States ($6.81M), Jamaica ($278k), Cuba ($239k), Brazil ($213k), and Belgium ($182k).

In 2022, Canada imported $211M in Copper Bars, mainly from United States ($150M), France ($13M), Mexico ($9.41M), South Korea ($6.38M), and Poland ($5.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$414k (6.48%)
Belgium$181k (25.6k%)
Japan$113k (266%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY Canada WERE (2021 - 2022):
Jamaica-$1.4M (-83.4%)
Cuba-$435k (-64.6%)
Malaysia-$192k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Copper Bars were:
Germany $1.22B
Italy $700M
France $496M
In 2022, Canada's main importing competitors in Copper Bars were:
Germany $763M
United States $609M
Italy $547M

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.89M
TOP IMPORT POTENTIALSouth Korea+ $2.4M

Copper Bars’s highest export potential is United States. With an export gap of $4.89M.   Copper Bars’s highest import potential is South Korea with an import gap of $2.4M.

See methodology.

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