2022
Exports
$588MWorld Rnk 15 / 129
Flag Rnk 146 / 1210
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$590MWorld Rnk 18 / 172
Flag Rnk 192 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $588M in Ferroalloys, making it the 15th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 146th most exported product in Canada. The main destination of Ferroalloys exports from Canada are: United States ($338M), Netherlands ($98.5M), Mexico ($24.4M), Germany ($23.6M), and Finland ($21.7M).

The fastest growing export markets for Ferroalloys of Canada between 2021 and 2022 were United States ($164M), Mexico ($10M), and United Kingdom ($8.28M).

Imports In 2022, Canada imported $590M in Ferroalloys, becoming the 18th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 192nd most imported product in Canada. Canada imports Ferroalloys primarily from: United States ($133M), India ($98.9M), Norway ($91.4M), Brazil ($49.4M), and China ($29.8M).

The fastest growing import markets in Ferroalloys for Canada between 2021 and 2022 were India ($49.9M), China ($19.3M), and United States ($15.1M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$12.8M(30.5%)
IMPORT GROWTH (July 2023 - July 2024)C$-8.87M(-19.6%)
MAIN EXPORTER (July 2024)QuebecC$52.8M
MAIN DESTINATION (July 2024)United StatesC$27M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$588M
IMPORTS (2022)$590M
NET TRADE (2022)-$1.73M

In 2022, Canada exported $588M in Ferroalloys. The main destinations of Canada exports on Ferroalloys were United States ($338M), Netherlands ($98.5M), Mexico ($24.4M), Germany ($23.6M), and Finland ($21.7M).

In 2022, Canada imported $590M in Ferroalloys, mainly from United States ($133M), India ($98.9M), Norway ($91.4M), Brazil ($49.4M), and China ($29.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$164M (94.3%)
Mexico$10M (69.6%)
United Kingdom$8.28M (2.42k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Canada WERE (2021 - 2022):
China-$39.4M (-79.4%)
Netherlands-$16.2M (-14.2%)
India-$6.44M (-38.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $163M
TOP IMPORT POTENTIALIndia+ $25.8M

Ferroalloys’s highest export potential is United States. With an export gap of $163M.   Ferroalloys’s highest import potential is India with an import gap of $25.8M.

See methodology.

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