Party Decorations in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $38.1M in Party Decorations, making it the 16th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 547th most exported product in Canada. The main destination of Party Decorations exports from Canada are: United States ($35.4M), Trinidad and Tobago ($284k), Japan ($275k), Germany ($237k), and Barbados ($191k).

The fastest growing export markets for Party Decorations of Canada between 2021 and 2022 were United States ($14.3M), Japan ($272k), and Trinidad and Tobago ($218k).

Imports In 2022, Canada imported $568M in Party Decorations, becoming the 3rd largest importer of Party Decorations in the world. At the same year, Party Decorations was the 201st most imported product in Canada. Canada imports Party Decorations primarily from: China ($465M), United States ($76.8M), India ($5.13M), Mexico ($3.25M), and Cambodia ($3.01M).

The fastest growing import markets in Party Decorations for Canada between 2021 and 2022 were China ($62M), United States ($17.9M), and Cambodia ($2.78M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Party Decorations exports accounted up to C$1.76M and imports accounted up to C$7.11M, resulting in a negative trade balance of C$5.34M. Between February 2023 and February 2024 the exports of Canada's Party Decorations have decreased by C$-392k (-18.2%) from C$2.15M to C$1.76M, while imports decreased by C$-3.57M (-33.4%) from C$10.7M to C$7.11M.

Destinations In February 2024, Party Decorations were exported mostly to United States (C$1.25M), Australia (C$320k), Italy (C$76.8k), United Kingdom (C$42.1k), and Trinidad and Tobago (C$20.9k), and were imported mostly from China (C$5.63M), United States (C$811k), Vietnam (C$131k), India (C$68.2k), and France (C$53.4k).

Growth In February 2024, the decrease in Party Decorations's year-by-year exports was explained primarily by a decrease in exports to Trinidad and Tobago (C$-49.3k or -89.3%) and Spain (C$-20.5k or -44.9%). In February 2024, the decrease in Party Decorations's year-by-year imports was explained primarily by a decrease in imports from China (C$-1.89M or -20%), Netherlands (C$-519k or -100%), and United States (C$-293k or -20.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-392k(-18.2%)

IMPORT GROWTH (February 2023 - February 2024)C$-3.57M(-33.4%)

MAIN EXPORTER (February 2024)OntarioC$1.27M

MAIN DESTINATION (February 2024)United StatesC$1.25M

This section shows Party Decorations'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 Party Decorations over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$38.1M

IMPORTS (2022)$568M

NET TRADE (2022)-$530M

In 2022, Canada exported $38.1M in Party Decorations. The main destinations of Canada exports on Party Decorations were United States ($35.4M), Trinidad and Tobago ($284k), Japan ($275k), Germany ($237k), and Barbados ($191k).

In 2022, Canada imported $568M in Party Decorations, mainly from China ($465M), United States ($76.8M), India ($5.13M), Mexico ($3.25M), and Cambodia ($3.01M).

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