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2022
Exports $20.7MWorld Rnk 27 / 179
Flag Rnk 669 / 1210
2022
Destination $2.86M United States
2021 - 2022
FASTEST GROWING MARKET $2.86MCanada
2022
PRODUCT COMPLEXITY IN Other Metal Fasteners0.83Rnk 230 / 1025
2022
Imports $63MWorld Rnk 23 / 214
Flag Rnk 657 / 1213
2022
Origin $5.24M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.24MChinese Taipei
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $20.7M in Other Metal Fasteners, making it the 27th largest exporter of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 669th most exported product in Canada. The main destination of Other Metal Fasteners exports from Canada are: United States ($14M), Canada ($2.92M), Germany ($478k), Cambodia ($417k), and China ($397k).

The fastest growing export markets for Other Metal Fasteners of Canada between 2021 and 2022 were Canada ($2.86M), Cambodia ($417k), and Vietnam ($172k).

Imports In 2022, Canada imported $63M in Other Metal Fasteners, becoming the 23rd largest importer of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 657th most imported product in Canada. Canada imports Other Metal Fasteners primarily from: United States ($21.2M), China ($14.7M), Chinese Taipei ($8.54M), Austria ($4.72M), and Canada ($2.92M).

The fastest growing import markets in Other Metal Fasteners for Canada between 2021 and 2022 were Chinese Taipei ($5.24M), United States ($4.26M), and China ($3.49M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Metal Fasteners exports accounted up to C$435k and imports accounted up to C$6.65M, resulting in a negative trade balance of C$6.22M. Between June 2023 and June 2024 the exports of Canada's   Other Metal Fasteners have increased by C$60.2k (16.1%) from C$375k to C$435k, while imports decreased by C$-376k (-5.34%) from C$7.03M to C$6.65M.

Destinations In June 2024, Other Metal Fasteners were exported mostly to United States (C$391k), Albania (C$31.9k), Guatemala (C$7.35k), Jamaica (C$3.4k), and Bulgaria (C$312), and were imported mostly from United States (C$2.5M), China (C$1.32M), Chinese Taipei (C$1.22M), Austria (C$420k), and United Kingdom (C$201k).

Growth In June 2024, the increase in Other Metal Fasteners's year-by-year exports was explained primarily by an increase in exports to United States (C$22.2k or 6.76%). In June 2024, the decrease in Other Metal Fasteners's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-155k or -64.9%), Italy (C$-58.8k or -46.3%), and Switzerland (C$-33k or -49.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$60.2k(16.1%)
IMPORT GROWTH (June 2023 - June 2024)C$-376k(-5.34%)
MAIN EXPORTER (June 2024)QuebecC$346k
MAIN DESTINATION (June 2024)United StatesC$391k

This section shows Other Metal Fasteners'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 Other Metal Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.7M
IMPORTS (2022)$63M
NET TRADE (2022)-$42.3M

In 2022, Canada exported $20.7M in Other Metal Fasteners. The main destinations of Canada exports on Other Metal Fasteners were United States ($14M), Canada ($2.92M), Germany ($478k), Cambodia ($417k), and China ($397k).

In 2022, Canada imported $63M in Other Metal Fasteners, mainly from United States ($21.2M), China ($14.7M), Chinese Taipei ($8.54M), Austria ($4.72M), and Canada ($2.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Metal Fasteners EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Canada$2.86M (4.52k%)
Cambodia$417k (1%)
Vietnam$172k (281%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Metal Fasteners BY Canada WERE (2021 - 2022):
Bangladesh-$487k (-100%)
Mexico-$249k (-82.7%)
United States-$206k (-1.45%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Metal Fasteners were:
China $1.78B
Italy $571M
Germany $272M
In 2022, Canada's main importing competitors in Other Metal Fasteners were:
France $461M
Germany $318M
United States $298M

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Trade Value of Other Metal Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.64M
TOP IMPORT POTENTIALChina+ $4.87M

Other Metal Fasteners’s highest export potential is United States. With an export gap of $3.64M.   Other Metal Fasteners’s highest import potential is China with an import gap of $4.87M.

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