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2023
Exports $3.95MWorld Rnk 18 / 116
Flag Rnk 855 / 1212
2023
Destination $698k United States
2022 - 2023
FASTEST GROWING MARKET $698kUnited States
2023
PRODUCT COMPLEXITY IN Fireworks0.52Rnk 365 / 1025
2023
Imports $24MWorld Rnk 12 / 185
Flag Rnk 817 / 1211
2023
Origin $1.47M China
2022 - 2023
FASTEST GROWING ORIGIN $1.47MCambodia
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $3.95M in Fireworks, making it the 18th largest exporter of Fireworks in the world. At the same year, Fireworks was the 855th most exported product in Canada. The main destination of Fireworks exports from Canada are: United States ($1.41M), Singapore ($893k), Luxembourg ($679k), Netherlands ($409k), and Poland ($251k).

The fastest growing export markets for Fireworks of Canada between 2022 and 2023 were United States ($698k), Luxembourg ($679k), and Netherlands ($353k).

Imports In 2023, Canada imported $24M in Fireworks, becoming the 12th largest importer of Fireworks in the world. At the same year, Fireworks was the 817th most imported product in Canada. Canada imports Fireworks primarily from: China ($11M), United States ($4.37M), Cambodia ($3.95M), Germany ($2.5M), and United Kingdom ($801k).

The fastest growing import markets in Fireworks for Canada between 2022 and 2023 were Cambodia ($1.47M), Germany ($1.19M), and Italy ($180k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Fireworks exports accounted up to C$48.4k and imports accounted up to C$4.34M, resulting in a negative trade balance of C$4.29M. Between November 2023 and November 2024 the exports of Canada's   Fireworks have decreased by C$-1.1k (-2.23%) from C$49.5k to C$48.4k, while imports increased by C$2.76M (175%) from C$1.58M to C$4.34M.

Destinations In November 2024, Fireworks were exported mostly to Hong Kong (C$42.6k), United States (C$5.21k), and Kazakhstan (C$656), and were imported mostly from United States (C$2.94M), Germany (C$720k), China (C$554k), Brazil (C$88.2k), and United Kingdom (C$17.7k).

Growth In November 2024, the decrease in Fireworks's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Fireworks's year-by-year imports was explained primarily by an increase in imports from Cambodia (C$354k or 613%), Germany (C$205k or 68.7%), and Italy (C$111k or 5.93k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-1.1k(-2.23%)
IMPORT GROWTH (November 2023 - November 2024)C$2.76M(175%)
MAIN EXPORTER (November 2024)OntarioC$1.07M
MAIN DESTINATION (November 2024)Hong KongC$42.6k

This section shows Fireworks'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 Fireworks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.95M
IMPORTS (2023)$24M
NET TRADE (2023)-$20M

In 2023, Canada exported $3.95M in Fireworks. The main destinations of Canada exports on Fireworks were United States ($1.41M), Singapore ($893k), Luxembourg ($679k), Netherlands ($409k), and Poland ($251k).

In 2023, Canada imported $24M in Fireworks, mainly from China ($11M), United States ($4.37M), Cambodia ($3.95M), Germany ($2.5M), and United Kingdom ($801k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$698k (98.3%)
Luxembourg$679k (1%)
Netherlands$353k (628%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY Canada WERE (2022 - 2023):
United Kingdom-$217k (-100%)
Singapore-$174k (-16.3%)
Spain-$172k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Fireworks were:
China $1.07B
Germany $90.8M
Netherlands $77.8M
In 2023, Canada's main importing competitors in Fireworks were:
United States $504M
Germany $155M
Italy $71M

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.17M
TOP IMPORT POTENTIALChina+ $1.85M

Fireworks’s highest export potential is United States. With an export gap of $1.17M.   Fireworks’s highest import potential is China with an import gap of $1.85M.

See methodology.

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