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2022
Exports $54MWorld Rnk 16 / 131
Flag Rnk 482 / 1210
2022
Destination $1.38M United States
2021 - 2022
FASTEST GROWING MARKET $1.38MTurkey
2022
PRODUCT COMPLEXITY IN Metal-Rolling Mills1.13Rnk 124 / 1025
2022
Imports $113MWorld Rnk 11 / 189
Flag Rnk 539 / 1213
2022
Origin $11.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $11.5MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $54M in Metal-Rolling Mills, making it the 16th largest exporter of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 482nd most exported product in Canada. The main destination of Metal-Rolling Mills exports from Canada are: United States ($46.1M), Canada ($2.34M), Turkey ($1.38M), Germany ($1.09M), and India ($794k).

The fastest growing export markets for Metal-Rolling Mills of Canada between 2021 and 2022 were Turkey ($1.38M), Canada ($993k), and India ($702k).

Imports In 2022, Canada imported $113M in Metal-Rolling Mills, becoming the 11th largest importer of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 539th most imported product in Canada. Canada imports Metal-Rolling Mills primarily from: United States ($37.5M), China ($23.9M), Italy ($12.9M), Brazil ($9.75M), and Japan ($4.74M).

The fastest growing import markets in Metal-Rolling Mills for Canada between 2021 and 2022 were China ($11.5M), United States ($7.06M), and Brazil ($4.64M).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Metal-Rolling Mills exports accounted up to C$11.4M and imports accounted up to C$20M, resulting in a negative trade balance of C$8.55M. Between September 2023 and September 2024 the exports of Canada's   Metal-Rolling Mills have increased by C$5.29M (86.3%) from C$6.12M to C$11.4M, while imports increased by C$6.61M (49.5%) from C$13.4M to C$20M.

Destinations In September 2024, Metal-Rolling Mills were exported mostly to United States (C$11.3M), Italy (C$132k), and Germany (C$5.6k), and were imported mostly from South Korea (C$8.89M), United States (C$5.93M), Italy (C$881k), Brazil (C$861k), and Germany (C$798k).

Growth In September 2024, the increase in Metal-Rolling Mills's year-by-year exports was explained primarily by an increase in exports to United States (C$975k or 21.9%), Mexico (C$132k or 208%), and Argentina (C$82k or 518%). In September 2024, the increase in Metal-Rolling Mills's year-by-year imports was explained primarily by an increase in imports from United States (C$2.32M or 104%), China (C$1.45M or 119%), and Italy (C$804k or 218%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$5.29M(86.3%)
IMPORT GROWTH (September 2023 - September 2024)C$6.61M(49.5%)
MAIN EXPORTER (September 2024)OntarioC$13.4M
MAIN DESTINATION (September 2024)United StatesC$11.3M

This section shows Metal-Rolling Mills'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-Rolling Mills over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54M
IMPORTS (2022)$113M
NET TRADE (2022)-$59.5M

In 2022, Canada exported $54M in Metal-Rolling Mills. The main destinations of Canada exports on Metal-Rolling Mills were United States ($46.1M), Canada ($2.34M), Turkey ($1.38M), Germany ($1.09M), and India ($794k).

In 2022, Canada imported $113M in Metal-Rolling Mills, mainly from United States ($37.5M), China ($23.9M), Italy ($12.9M), Brazil ($9.75M), and Japan ($4.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal-Rolling Mills EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Turkey$1.38M (57.2k%)
Canada$993k (73.9%)
India$702k (760%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal-Rolling Mills BY Canada WERE (2021 - 2022):
United States-$2.39M (-4.92%)
Italy-$446k (-56.4%)
Russia-$330k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Metal-Rolling Mills were:
China $1.57B
Italy $722M
Germany $500M
In 2022, Canada's main importing competitors in Metal-Rolling Mills were:
United States $683M
India $414M
China $289M

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Trade Value of Metal-Rolling Mills by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12M
TOP IMPORT POTENTIALChina+ $5.48M

Metal-Rolling Mills’s highest export potential is United States. With an export gap of $12M.   Metal-Rolling Mills’s highest import potential is China with an import gap of $5.48M.

See methodology.

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