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2023
Exports $172MWorld Rnk 7 / 180
Flag Rnk 300 / 1212
2023
Destination $45.5M United States
2022 - 2023
FASTEST GROWING MARKET $45.5MUnited States
2023
PRODUCT COMPLEXITY IN Gravel and Crushed Stone-0.26Rnk 636 / 1025
2023
Imports $36.8MWorld Rnk 24 / 212
Flag Rnk 744 / 1211
2023
Origin $86.6k United States
2022 - 2023
FASTEST GROWING ORIGIN $86.6kSpain
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $172M in Gravel and Crushed Stone, making it the 7th largest exporter of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 300th most exported product in Canada. The main destination of Gravel and Crushed Stone exports from Canada are: United States ($170M), Guyana ($884k), Bermuda ($493k), Mexico ($192k), and Bahamas ($161k).

The fastest growing export markets for Gravel and Crushed Stone of Canada between 2022 and 2023 were United States ($45.5M), Guyana ($881k), and Bermuda ($443k).

Imports In 2023, Canada imported $36.8M in Gravel and Crushed Stone, becoming the 24th largest importer of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 744th most imported product in Canada. Canada imports Gravel and Crushed Stone primarily from: United States ($35.4M), China ($668k), Mexico ($141k), Spain ($95k), and United Kingdom ($55.5k).

The fastest growing import markets in Gravel and Crushed Stone for Canada between 2022 and 2023 were Spain ($86.6k), France ($38.3k), and Norway ($19.9k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Gravel and Crushed Stone exports accounted up to C$12.6M and imports accounted up to C$2.95M, resulting in a positive trade balance of C$9.64M. Between November 2023 and November 2024 the exports of Canada's   Gravel and Crushed Stone have decreased by C$-1.23M (-8.92%) from C$13.8M to C$12.6M, while imports decreased by C$-2.39M (-44.8%) from C$5.34M to C$2.95M.

Destinations In November 2024, Gravel and Crushed Stone were exported mostly to United States (C$12.5M), Bosnia and Herzegovina (C$24.3k), Mexico (C$9.49k), Ghana (C$8.13k), and Sweden (C$6.68k), and were imported mostly from United States (C$2.81M), China (C$101k), Denmark (C$14.1k), Brazil (C$7.35k), and South Africa (C$6.8k).

Growth In November 2024, the decrease in Gravel and Crushed Stone's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Gravel and Crushed Stone's year-by-year imports was explained primarily by a decrease in imports from Mexico (C$-13.6k or -66.2%), Turkey (C$-5.76k or -83.2%), and Australia (C$-5k or -82.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-1.23M(-8.92%)
IMPORT GROWTH (November 2023 - November 2024)C$-2.39M(-44.8%)
MAIN EXPORTER (November 2024)Nova ScotiaC$8.47M
MAIN DESTINATION (November 2024)United StatesC$12.5M

This section shows Gravel and Crushed Stone'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 Gravel and Crushed Stone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$172M
IMPORTS (2023)$36.8M
NET TRADE (2023)$135M

In 2023, Canada exported $172M in Gravel and Crushed Stone. The main destinations of Canada exports on Gravel and Crushed Stone were United States ($170M), Guyana ($884k), Bermuda ($493k), Mexico ($192k), and Bahamas ($161k).

In 2023, Canada imported $36.8M in Gravel and Crushed Stone, mainly from United States ($35.4M), China ($668k), Mexico ($141k), Spain ($95k), and United Kingdom ($55.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gravel and Crushed Stone EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$45.5M (36.6%)
Guyana$881k (23k%)
Bermuda$443k (896%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gravel and Crushed Stone BY Canada WERE (2022 - 2023):
United Kingdom-$1.65M (-100%)
Australia-$62.3k (-95.4%)
Nicaragua-$40.6k (-94.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Gravel and Crushed Stone were:
Norway $443M
China $339M
United Arab Emirates $333M
In 2023, Canada's main importing competitors in Gravel and Crushed Stone were:
United States $309M
Netherlands $288M
Singapore $265M

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Trade Value of Gravel and Crushed Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $786k
TOP IMPORT POTENTIALChina+ $950k

Gravel and Crushed Stone’s highest export potential is United Kingdom. With an export gap of $786k.   Gravel and Crushed Stone’s highest import potential is China with an import gap of $950k.

See methodology.

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