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2022
Exports $1.58MWorld Rnk 31 / 92
Flag Rnk 993 / 1210
2022
Destination $437k United States
2021 - 2022
FASTEST GROWING MARKET $437kEgypt
2022
PRODUCT COMPLEXITY IN Looms0.9Rnk 209 / 1025
2022
Imports $6.41MWorld Rnk 35 / 159
Flag Rnk 1009 / 1213
2022
Origin $1.16M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.16MFrance
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.58M in Looms, making it the 31st largest exporter of Looms in the world. At the same year, Looms was the 993rd most exported product in Canada. The main destination of Looms exports from Canada are: United States ($1.01M), Egypt ($437k), India ($61.6k), Mexico ($26.6k), and France ($12k).

The fastest growing export markets for Looms of Canada between 2021 and 2022 were Egypt ($437k), United States ($376k), and India ($61.6k).

Imports In 2022, Canada imported $6.41M in Looms, becoming the 35th largest importer of Looms in the world. At the same year, Looms was the 1009th most imported product in Canada. Canada imports Looms primarily from: Germany ($1.67M), France ($1.16M), Netherlands ($703k), Sweden ($693k), and Switzerland ($636k).

The fastest growing import markets in Looms for Canada between 2021 and 2022 were France ($1.16M), United States ($495k), and Norway ($384k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Looms exports accounted up to C$2.53k and imports accounted up to C$1.79M, resulting in a negative trade balance of C$1.79M. Between November 2022 and June 2024 the exports of Canada's   Looms have decreased by C$-569k (-99.6%) from C$571k to C$2.53k, while imports increased by C$1.55M (649%) from C$239k to C$1.79M.

Destinations In June 2024, Looms were exported mostly to United Kingdom (C$2.53k), and were imported mostly from Germany (C$1.66M), United States (C$52.1k), Netherlands (C$38.4k), New Zealand (C$34.8k), and China (C$3.18k).

Growth In June 2024, the decrease in Looms's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Looms's year-by-year imports was explained primarily by an increase in imports from United States (C$14k or 229%) and Japan (C$503 or 137%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - June 2024)C$-569k(-99.6%)
IMPORT GROWTH (June 2023 - June 2024)C$1.55M(649%)
MAIN EXPORTER (June 2024)QuebecC$15.3k
MAIN DESTINATION (June 2024)United KingdomC$2.53k

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58M
IMPORTS (2022)$6.41M
NET TRADE (2022)-$4.83M

In 2022, Canada exported $1.58M in Looms. The main destinations of Canada exports on Looms were United States ($1.01M), Egypt ($437k), India ($61.6k), Mexico ($26.6k), and France ($12k).

In 2022, Canada imported $6.41M in Looms, mainly from Germany ($1.67M), France ($1.16M), Netherlands ($703k), Sweden ($693k), and Switzerland ($636k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Egypt$437k (1%)
United States$376k (59.2%)
India$61.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Canada WERE (2021 - 2022):
Czechia-$228k (-100%)
China-$223k (-100%)
Belgium-$27.3k (-98.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Looms were:
Belgium $706M
China $609M
Japan $358M
In 2022, Canada's main importing competitors in Looms were:
India $694M
Turkey $290M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $390k
TOP IMPORT POTENTIALUnited States+ $324k

Looms’s highest export potential is United States. With an export gap of $390k.   Looms’s highest import potential is United States with an import gap of $324k.

See methodology.

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