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2023
Exports $1.02MWorld Rnk 42 / 140
Flag Rnk 1006 / 1212
2023
Destination $38.2k United States
2022 - 2023
FASTEST GROWING MARKET $38.2kUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Metal-Clad Products0.28Rnk 467 / 1025
2023
Imports $4.63MWorld Rnk 35 / 180
Flag Rnk 1039 / 1211
2023
Origin $126k China
2022 - 2023
FASTEST GROWING ORIGIN $126kPortugal
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.02M in Metal-Clad Products, making it the 42nd largest exporter of Metal-Clad Products in the world. At the same year, Metal-Clad Products was the 1006th most exported product in Canada. The main destination of Metal-Clad Products exports from Canada are: United States ($672k), New Zealand ($214k), United Arab Emirates ($42.1k), United Kingdom ($19.7k), and Chinese Taipei ($11.5k).

The fastest growing export markets for Metal-Clad Products of Canada between 2022 and 2023 were United Arab Emirates ($38.2k), Hong Kong ($8.94k), and United Kingdom ($7.94k).

Imports In 2023, Canada imported $4.63M in Metal-Clad Products, becoming the 35th largest importer of Metal-Clad Products in the world. At the same year, Metal-Clad Products was the 1039th most imported product in Canada. Canada imports Metal-Clad Products primarily from: China ($2.1M), United States ($522k), India ($446k), Portugal ($268k), and Italy ($263k).

The fastest growing import markets in Metal-Clad Products for Canada between 2022 and 2023 were Portugal ($126k), China ($82.4k), and Denmark ($73.3k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Metal-Clad Products exports accounted up to C$811k and imports accounted up to C$835k, resulting in a negative trade balance of C$24.3k. Between August 2023 and November 2024 the exports of Canada's   Metal-Clad Products have increased by C$642k (381%) from C$169k to C$811k, while imports increased by C$7.46k (0.9%) from C$828k to C$835k.

Destinations In November 2024, Metal-Clad Products were exported mostly to United States (C$802k), Switzerland (C$6k), and United Kingdom (C$2.65k), and were imported mostly from Italy (C$450k), China (C$142k), Japan (C$66.7k), India (C$57.1k), and United States (C$55.5k).

Growth In November 2024, the increase in Metal-Clad Products's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Metal-Clad Products's year-by-year imports was explained primarily by an increase in imports from United States (C$22.9k or 37.8%), Israel (C$21.7k or 787%), and Hong Kong (C$20.4k or 2.41k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - November 2024)C$642k(381%)
IMPORT GROWTH (November 2023 - November 2024)C$7.46k(0.9%)
MAIN EXPORTER (November 2024)British ColumbiaC$802k
MAIN DESTINATION (November 2024)United StatesC$802k

This section shows Metal-Clad 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 Metal-Clad Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.02M
IMPORTS (2023)$4.63M
NET TRADE (2023)-$3.61M

In 2023, Canada exported $1.02M in Metal-Clad Products. The main destinations of Canada exports on Metal-Clad Products were United States ($672k), New Zealand ($214k), United Arab Emirates ($42.1k), United Kingdom ($19.7k), and Chinese Taipei ($11.5k).

In 2023, Canada imported $4.63M in Metal-Clad Products, mainly from China ($2.1M), United States ($522k), India ($446k), Portugal ($268k), and Italy ($263k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal-Clad Products EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Arab Emirates$38.2k (979%)
Hong Kong$8.94k (47.1k%)
United Kingdom$7.94k (67.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal-Clad Products BY Canada WERE (2022 - 2023):
Poland-$3.26M (-99.9%)
United States-$767k (-53.3%)
New Zealand-$428k (-66.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Metal-Clad Products were:
China $247M
Italy $110M
Germany $65.9M
In 2023, Canada's main importing competitors in Metal-Clad Products were:
Hong Kong $258M
Switzerland $67.9M
United States $67.9M

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Trade Value of Metal-Clad Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $458k

Metal-Clad Products’s highest export potential is United States. With an export gap of $1.11M.   Metal-Clad Products’s highest import potential is China with an import gap of $458k.

See methodology.

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