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2022
Exports $4.81BWorld Rnk 21 / 214
Flag Rnk 28 / 96
2022
Destination $444M United States
2021 - 2022
FASTEST GROWING MARKET $444MUnited States
2022
PRODUCT COMPLEXITY IN Organic chemicals1.95Rnk 8 / 1025
2022
Imports $9.18BWorld Rnk 19 / 225
Flag Rnk 12 / 96
2022
Origin $1.06B United States
2021 - 2022
FASTEST GROWING ORIGIN $1.06BSwitzerland
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $4.81B in Organic chemicals, making it the 21st 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 ($3.72B), China ($616M), Japan ($55.6M), Mexico ($43.6M), and France ($29.5M).

The fastest growing export markets for Organic chemicals of Canada between 2021 and 2022 were United States ($444M), China ($207M), and Mexico ($23.3M).

Imports In 2022, Canada imported $9.18B in Organic chemicals, becoming the 19th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 12th most imported product in Canada. Canada imports Organic chemicals primarily from: United States ($4.31B), Switzerland ($1.25B), China ($994M), Ireland ($566M), and Belgium ($429M).

The fastest growing import markets in Organic chemicals for Canada between 2021 and 2022 were Switzerland ($1.06B), United States ($664M), and China ($193M).

COMPANIES In 2023, leading companies such as Costco Wholesale (16), Mazda (2), and Celebrity Cruises (2) were at the forefront of shipping Organic chemicals from Canada to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Canada's Organic chemicals exports accounted up to C$354M and imports accounted up to C$979M, resulting in a negative trade balance of C$625M. Between September 2023 and September 2024 the exports of Canada's   Organic chemicals have decreased by C$-93M (-20.8%) from C$447M to C$354M, while imports increased by C$232M (31%) from C$747M to C$979M.

Destinations In September 2024, Organic chemicals were exported mostly to United States (C$276M), China (C$40.5M), Ireland (C$5.13M), France (C$3.8M), and Denmark (C$3.79M), and were imported mostly from Switzerland (C$381M), United States (C$328M), China (C$109M), India (C$32.5M), and Germany (C$16.1M).

Growth In September 2024, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to France (C$-2.25M or -35%), Thailand (C$-919k or -31.6%), and Belgium (C$-853k or -49.8%). In September 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from Belgium (C$180M or 5.82k%), Switzerland (C$77.7M or 406%), and China (C$14.5M or 13.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-93M(-20.8%)
IMPORT GROWTH (September 2023 - September 2024)C$232M(31%)
MAIN EXPORTER (September 2024)AlbertaC$261M
MAIN DESTINATION (September 2024)United StatesC$276M

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 (2022)$4.81B
IMPORTS (2022)$9.18B
NET TRADE (2022)-$4.38B

In 2022, Canada exported $4.81B in Organic chemicals. The main destinations of Canada exports on Organic chemicals were United States ($3.72B), China ($616M), Japan ($55.6M), Mexico ($43.6M), and France ($29.5M).

In 2022, Canada imported $9.18B in Organic chemicals, mainly from United States ($4.31B), Switzerland ($1.25B), China ($994M), Ireland ($566M), and Belgium ($429M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$444M (13.6%)
China$207M (50.6%)
Mexico$23.3M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Canada WERE (2021 - 2022):
Belgium-$30.9M (-51.7%)
Singapore-$27.9M (-73.3%)
Netherlands-$18.5M (-54.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Organic chemicals were:
China $110B
United States $51.7B
Ireland $45.7B
In 2022, Canada's main importing competitors in Organic chemicals were:
United States $68.6B
China $51.6B
Germany $47.2B

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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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