2022
Exports
$54MWorld Rnk 16 / 182
Flag Rnk 481 / 1210
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$157MWorld Rnk 4 / 219
Flag Rnk 469 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $54M in Cutting Blades, making it the 16th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 481st most exported product in Canada. The main destination of Cutting Blades exports from Canada are: United States ($37.9M), Germany ($2.09M), Canada ($1.79M), Netherlands ($1.48M), and Australia ($1.35M).

The fastest growing export markets for Cutting Blades of Canada between 2021 and 2022 were Germany ($692k), Australia ($479k), and Kenya ($362k).

Imports In 2022, Canada imported $157M in Cutting Blades, becoming the 4th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 469th most imported product in Canada. Canada imports Cutting Blades primarily from: United States ($99.7M), Austria ($11.6M), China ($11.1M), Germany ($7.88M), and India ($4.35M).

The fastest growing import markets in Cutting Blades for Canada between 2021 and 2022 were United States ($15.4M), India ($3.58M), and Germany ($786k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-241k(-5.09%)
IMPORT GROWTH (July 2023 - July 2024)C$2.76M(18.3%)
MAIN EXPORTER (July 2024)OntarioC$4M
MAIN DESTINATION (July 2024)United StatesC$3.53M

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54M
IMPORTS (2022)$157M
NET TRADE (2022)-$103M

In 2022, Canada exported $54M in Cutting Blades. The main destinations of Canada exports on Cutting Blades were United States ($37.9M), Germany ($2.09M), Canada ($1.79M), Netherlands ($1.48M), and Australia ($1.35M).

In 2022, Canada imported $157M in Cutting Blades, mainly from United States ($99.7M), Austria ($11.6M), China ($11.1M), Germany ($7.88M), and India ($4.35M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Germany$692k (49.5%)
Australia$479k (54.8%)
Kenya$362k (25.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Canada WERE (2021 - 2022):
United States-$2.43M (-6.03%)
Canada-$524k (-22.6%)
Brazil-$337k (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Cutting Blades were:
In 2022, Canada's main importing competitors in Cutting Blades were:

Explore Visualizations

Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.8M
TOP IMPORT POTENTIALChina+ $4.71M

Cutting Blades’s highest export potential is United States. With an export gap of $10.8M.   Cutting Blades’s highest import potential is China with an import gap of $4.71M.

See methodology.

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