Copper Wire in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.76B in Copper Wire, making it the 4th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 51st most exported product in Canada. The main destination of Copper Wire exports from Canada are: United States ($1.73B), Israel ($11.6M), Nicaragua ($6.64M), Cuba ($1.23M), and Jamaica ($1.09M).

The fastest growing export markets for Copper Wire of Canada between 2021 and 2022 were United States ($69M), Israel ($11.6M), and Cuba ($1.21M).

Imports In 2022, Canada imported $381M in Copper Wire, becoming the 25th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 275th most imported product in Canada. Canada imports Copper Wire primarily from: United States ($366M), China ($4.89M), Peru ($2.27M), Vietnam ($1.24M), and France ($862k).

The fastest growing import markets in Copper Wire for Canada between 2021 and 2022 were China ($2.31M), Peru ($371k), and Canada ($302k).

Latest Trends

June 2024

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Overview In June 2024 Canada's Copper Wire exports accounted up to C$165M and imports accounted up to C$53.8M, resulting in a positive trade balance of C$111M. Between June 2023 and June 2024 the exports of Canada's Copper Wire have decreased by C$-13.5M (-7.55%) from C$178M to C$165M, while imports increased by C$19.4M (56.4%) from C$34.4M to C$53.8M.

Destinations In June 2024, Copper Wire were exported mostly to United States (C$163M), Norway (C$1.39M), Cuba (C$338k), Colombia (C$255k), and Chinese Taipei (C$2.67k), and were imported mostly from United States (C$52.6M), Vietnam (C$356k), France (C$218k), India (C$129k), and Japan (C$116k).

Growth In June 2024, the decrease in Copper Wire's year-by-year exports was explained primarily by a decrease in exports to China (C$-223k or -91.8%). In June 2024, the increase in Copper Wire's year-by-year imports was explained primarily by an increase in imports from China (C$378k or 195%), Peru (C$196k or 67.1%), and Japan (C$5.64k or 13.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)C$-13.5M(-7.55%)

IMPORT GROWTH (June 2023 - June 2024)C$19.4M(56.4%)

MAIN EXPORTER (June 2024)QuebecC$283M

MAIN DESTINATION (June 2024)United StatesC$163M

This section shows Copper Wire'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 Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.76B

IMPORTS (2022)$381M

NET TRADE (2022)$1.38B

In 2022, Canada exported $1.76B in Copper Wire. The main destinations of Canada exports on Copper Wire were United States ($1.73B), Israel ($11.6M), Nicaragua ($6.64M), Cuba ($1.23M), and Jamaica ($1.09M).

In 2022, Canada imported $381M in Copper Wire, mainly from United States ($366M), China ($4.89M), Peru ($2.27M), Vietnam ($1.24M), and France ($862k).

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