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Pricing

2022
Exports $10MWorld Rnk 14 / 151
Flag Rnk 777 / 1210
2022
Destination $62.4k United States
2021 - 2022
FASTEST GROWING MARKET $62.4kHong Kong
2022
PRODUCT COMPLEXITY IN Furskin Apparel-0.18Rnk 610 / 1025
2022
Imports $15MWorld Rnk 16 / 187
Flag Rnk 899 / 1213
2022
Origin $689k China
2021 - 2022
FASTEST GROWING ORIGIN $689kTurkey
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $10M in Furskin Apparel, making it the 14th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 777th most exported product in Canada. The main destination of Furskin Apparel exports from Canada are: United States ($8.98M), Italy ($253k), Hong Kong ($197k), China ($82k), and United Kingdom ($79.4k).

The fastest growing export markets for Furskin Apparel of Canada between 2021 and 2022 were Hong Kong ($62.4k), Canada ($36.3k), and United Kingdom ($33k).

Imports In 2022, Canada imported $15M in Furskin Apparel, becoming the 16th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 899th most imported product in Canada. Canada imports Furskin Apparel primarily from: China ($4.87M), Italy ($3.53M), Turkey ($1.5M), United States ($1.09M), and Poland ($729k).

The fastest growing import markets in Furskin Apparel for Canada between 2021 and 2022 were Turkey ($689k), Argentina ($278k), and United States ($230k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Furskin Apparel exports accounted up to C$172k and imports accounted up to C$723k, resulting in a negative trade balance of C$551k. Between June 2023 and June 2024 the exports of Canada's   Furskin Apparel have decreased by C$-138k (-44.4%) from C$310k to C$172k, while imports decreased by C$-768k (-51.5%) from C$1.49M to C$723k.

Destinations In June 2024, Furskin Apparel were exported mostly to United States (C$155k), China (C$15.1k), and United Arab Emirates (C$2k), and were imported mostly from Italy (C$326k), China (C$140k), Turkey (C$49.9k), Poland (C$44.2k), and France (C$40.8k).

Growth In June 2024, the decrease in Furskin Apparel's year-by-year exports was explained primarily by a decrease in exports to United States (C$-142k or -41.4%). In June 2024, the decrease in Furskin Apparel's year-by-year imports was explained primarily by a decrease in imports from Greece (C$-56.4k or -92.9%), Italy (C$-49.4k or -17.3%), and India (C$-21.7k or -65.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-138k(-44.4%)
IMPORT GROWTH (June 2023 - June 2024)C$-768k(-51.5%)
MAIN EXPORTER (June 2024)QuebecC$538k
MAIN DESTINATION (June 2024)United StatesC$155k

This section shows Furskin Apparel'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 Furskin Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10M
IMPORTS (2022)$15M
NET TRADE (2022)-$5.01M

In 2022, Canada exported $10M in Furskin Apparel. The main destinations of Canada exports on Furskin Apparel were United States ($8.98M), Italy ($253k), Hong Kong ($197k), China ($82k), and United Kingdom ($79.4k).

In 2022, Canada imported $15M in Furskin Apparel, mainly from China ($4.87M), Italy ($3.53M), Turkey ($1.5M), United States ($1.09M), and Poland ($729k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Hong Kong$62.4k (46.5%)
Canada$36.3k (831%)
United Kingdom$33k (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY Canada WERE (2021 - 2022):
Germany-$90.4k (-90.4%)
China-$61.3k (-42.8%)
United States-$60.3k (-0.67%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Furskin Apparel were:
China $1.24B
Italy $298M
Turkey $108M
In 2022, Canada's main importing competitors in Furskin Apparel were:
Russia $802M
South Korea $214M
United States $165M

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Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.82M
TOP IMPORT POTENTIALChina+ $2M

Furskin Apparel’s highest export potential is United States. With an export gap of $1.82M.   Furskin Apparel’s highest import potential is China with an import gap of $2M.

See methodology.

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