2022
Exports
$153MWorld Rnk 13 / 195
Flag Rnk 333 / 1210
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$393MWorld Rnk 5 / 224
Flag Rnk 268 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $153M in Lubricating Products, making it the 13th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 333rd most exported product in Canada. The main destination of Lubricating Products exports from Canada are: United States ($116M), Netherlands ($5.02M), China ($4.92M), Mexico ($3.87M), and Germany ($2.63M).

The fastest growing export markets for Lubricating Products of Canada between 2021 and 2022 were United States ($36.7M), Mexico ($1.73M), and Netherlands ($1.18M).

Imports In 2022, Canada imported $393M in Lubricating Products, becoming the 5th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 268th most imported product in Canada. Canada imports Lubricating Products primarily from: United States ($366M), Germany ($9.14M), France ($4.42M), United Kingdom ($2.41M), and Belgium ($1.64M).

The fastest growing import markets in Lubricating Products for Canada between 2021 and 2022 were United States ($68.3M), Germany ($1.73M), and Netherlands ($606k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)C$2.46M(17.1%)
IMPORT GROWTH (October 2023 - October 2024)C$-12.5M(-19.1%)
MAIN EXPORTER (October 2024)OntarioC$9.17M
MAIN DESTINATION (October 2024)United StatesC$14.7M

This section shows Lubricating Products'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 Lubricating Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$153M
IMPORTS (2022)$393M
NET TRADE (2022)-$241M

In 2022, Canada exported $153M in Lubricating Products. The main destinations of Canada exports on Lubricating Products were United States ($116M), Netherlands ($5.02M), China ($4.92M), Mexico ($3.87M), and Germany ($2.63M).

In 2022, Canada imported $393M in Lubricating Products, mainly from United States ($366M), Germany ($9.14M), France ($4.42M), United Kingdom ($2.41M), and Belgium ($1.64M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$36.7M (46.2%)
Mexico$1.73M (81%)
Netherlands$1.18M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Canada WERE (2021 - 2022):
Russia-$6.23M (-91.8%)
China-$1.53M (-23.8%)
Thailand-$1.34M (-83.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Lubricating Products were:
In 2022, Canada's main importing competitors in Lubricating Products were:
China $1.71B

Explore Visualizations

Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.12M
TOP IMPORT POTENTIALGermany+ $7.74M

Lubricating Products’s highest export potential is China. With an export gap of $6.12M.   Lubricating Products’s highest import potential is Germany with an import gap of $7.74M.

See methodology.

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