Linseed in Canada | The Observatory of Economic Complexity

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Exports In 2023, Canada exported $164M in Linseed, making it the 3rd largest exporter of Linseed in the world. At the same year, Linseed was the 306th most exported product in Canada. The main destination of Linseed exports from Canada are: United States ($102M), China ($33.9M), United Kingdom ($3.57M), Mexico ($2.72M), and Japan ($2.24M).

The fastest growing export markets for Linseed of Canada between 2022 and 2023 were China ($23.6M), United Kingdom ($1.09M), and Morocco ($646k).

Imports In 2023, Canada imported $8.43M in Linseed, becoming the 16th largest importer of Linseed in the world. At the same year, Linseed was the 966th most imported product in Canada. Canada imports Linseed primarily from: United States ($3.63M), Kazakhstan ($2M), India ($1.64M), Argentina ($788k), and Turkey ($296k).

The fastest growing import markets in Linseed for Canada between 2022 and 2023 were Kazakhstan ($1.84M), India ($732k), and Switzerland ($46.6k).

Latest Trends

November 2024

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Overview In November 2024 Canada's Linseed exports accounted up to C$21.8M and imports accounted up to C$1.16M, resulting in a positive trade balance of C$20.7M. Between November 2023 and November 2024 the exports of Canada's Linseed have increased by C$7.31M (50.3%) from C$14.5M to C$21.8M, while imports decreased by C$-64.5k (-5.27%) from C$1.22M to C$1.16M.

Destinations In November 2024, Linseed were exported mostly to Belgium (C$12.9M), United States (C$7.01M), United Kingdom (C$700k), China (C$266k), and Colombia (C$217k), and were imported mostly from United States (C$698k), India (C$446k), Canada (C$9.4k), China (C$4.92k), and Poland (C$508).

Growth In November 2024, the increase in Linseed's year-by-year exports was explained primarily by an increase in exports to United States (C$1.3M or 8.01%), Mexico (C$579k or 231%), and United Kingdom (C$280k or 277%). In November 2024, the decrease in Linseed's year-by-year imports was explained primarily by a decrease in imports from United States (C$-254k or -42%) and Turkey (C$-50.9k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)C$7.31M(50.3%)

IMPORT GROWTH (November 2023 - November 2024)C$-64.5k(-5.27%)

MAIN EXPORTER (November 2024)SaskatchewanC$31.5M

MAIN DESTINATION (November 2024)BelgiumC$12.9M

This section shows Linseed'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 Linseed over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$164M

IMPORTS (2023)$8.43M

NET TRADE (2023)$156M

In 2023, Canada exported $164M in Linseed. The main destinations of Canada exports on Linseed were United States ($102M), China ($33.9M), United Kingdom ($3.57M), Mexico ($2.72M), and Japan ($2.24M).

In 2023, Canada imported $8.43M in Linseed, mainly from United States ($3.63M), Kazakhstan ($2M), India ($1.64M), Argentina ($788k), and Turkey ($296k).

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