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2023
Exports $4.58BWorld Rnk 20 / 215
Flag Rnk 28 / 96
2023
Destination $13.8M United States
2022 - 2023
FASTEST GROWING MARKET $13.8MFrance
2023
PRODUCT COMPLEXITY IN Organic chemicals1.84Rnk 10 / 1025
2023
Imports $6.9BWorld Rnk 21 / 225
Flag Rnk 14 / 96
2023
Origin $23.1M United States
2022 - 2023
FASTEST GROWING ORIGIN $23.1MItaly
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $4.58B in Organic chemicals, making it the 20th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 28th most exported product in Canada. The main destination of Organic chemicals exports from Canada are: United States ($3.54B), China ($582M), Japan ($52.5M), France ($43.5M), and Mexico ($41.3M).

The fastest growing export markets for Organic chemicals of Canada between 2022 and 2023 were France ($13.8M), Portugal ($8.12M), and Panama ($7.85M).

Imports In 2023, Canada imported $6.9B in Organic chemicals, becoming the 21st largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 14th most imported product in Canada. Canada imports Organic chemicals primarily from: United States ($3.22B), China ($932M), Switzerland ($636M), Belgium ($423M), and Germany ($248M).

The fastest growing import markets in Organic chemicals for Canada between 2022 and 2023 were Italy ($23.1M), Brazil ($11.5M), and Sweden ($4.71M).

COMPANIES In 2024, leading companies such as Costco Wholesale (3), Celebrity Cruises (3), and GE RENEWABLES NORTH AMERICA LLC (2) were at the forefront of shipping Organic chemicals from Canada to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Canada's Organic chemicals exports accounted up to C$423M and imports accounted up to C$897M, resulting in a negative trade balance of C$474M. Between December 2023 and December 2024 the exports of Canada's   Organic chemicals have decreased by C$-36.5M (-7.95%) from C$459M to C$423M, while imports increased by C$193M (27.4%) from C$704M to C$897M.

Destinations In December 2024, Organic chemicals were exported mostly to United States (C$302M), China (C$92.2M), Portugal (C$4.53M), Japan (C$4.51M), and Mexico (C$2.88M), and were imported mostly from United States (C$307M), Switzerland (C$139M), China (C$121M), Belgium (C$101M), and India (C$39.6M).

Growth In December 2024, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to United States (C$-44.8M or -10.4%), China (C$-8.18M or -15.1%), and Japan (C$-4M or -71.4%). In December 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from Singapore (C$13.5M or 729%), South Korea (C$5.6M or 95.9%), and United Kingdom (C$5.27M or 128%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-36.5M(-7.95%)
IMPORT GROWTH (December 2023 - December 2024)C$193M(27.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$302M

This section shows Organic chemicals'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 Organic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.58B
IMPORTS (2023)$6.9B
NET TRADE (2023)-$2.32B

In 2023, Canada exported $4.58B in Organic chemicals. The main destinations of Canada exports on Organic chemicals were United States ($3.54B), China ($582M), Japan ($52.5M), France ($43.5M), and Mexico ($41.3M).

In 2023, Canada imported $6.9B in Organic chemicals, mainly from United States ($3.22B), China ($932M), Switzerland ($636M), Belgium ($423M), and Germany ($248M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Canada WERE (2022 - 2023):
France$13.8M (46.6%)
Portugal$8.12M (305%)
Panama$7.85M (8.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Canada WERE (2022 - 2023):
United States-$82.9M (-2.29%)
China-$46.8M (-7.45%)
South Korea-$25.5M (-70.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Organic chemicals were:
China $95.6B
United States $49.5B
Ireland $40.2B
In 2023, Canada's main importing competitors in Organic chemicals were:
United States $61.7B
China $45.8B
Germany $42.6B

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $599M
TOP IMPORT POTENTIALUnited States+ $492M

Organic chemicals’s highest export potential is United States. With an export gap of $599M.   Organic chemicals’s highest import potential is United States with an import gap of $492M.

See methodology.

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