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2022
Exports $7.52MWorld Rnk 26 / 175
Flag Rnk 818 / 1210
2022
Destination $1.21M United States
2021 - 2022
FASTEST GROWING MARKET $1.21MUnited States
2022
PRODUCT COMPLEXITY IN Pencils and Crayons-0.17Rnk 604 / 1025
2022
Imports $45MWorld Rnk 7 / 214
Flag Rnk 723 / 1213
2022
Origin $2.29M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.29MThailand
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $7.52M in Pencils and Crayons, making it the 26th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 818th most exported product in Canada. The main destination of Pencils and Crayons exports from Canada are: United States ($6.12M), United Kingdom ($646k), Costa Rica ($410k), Germany ($74.9k), and France ($26.3k).

The fastest growing export markets for Pencils and Crayons of Canada between 2021 and 2022 were United States ($1.21M), Costa Rica ($257k), and United Kingdom ($110k).

Imports In 2022, Canada imported $45M in Pencils and Crayons, becoming the 7th largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 723rd most imported product in Canada. Canada imports Pencils and Crayons primarily from: United States ($12.7M), China ($11.5M), Brazil ($5.19M), Thailand ($4.49M), and Germany ($3.07M).

The fastest growing import markets in Pencils and Crayons for Canada between 2021 and 2022 were Thailand ($2.29M), Mexico ($1.33M), and Switzerland ($93.2k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Pencils and Crayons exports accounted up to C$156k and imports accounted up to C$4.43M, resulting in a negative trade balance of C$4.28M. Between June 2023 and June 2024 the exports of Canada's   Pencils and Crayons have increased by C$6.57k (4.39%) from C$150k to C$156k, while imports decreased by C$-1.37M (-23.6%) from C$5.8M to C$4.43M.

Destinations In June 2024, Pencils and Crayons were exported mostly to United Kingdom (C$118k), United States (C$23.5k), Italy (C$6.83k), France (C$6.31k), and Germany (C$1.31k), and were imported mostly from China (C$1.78M), United States (C$1.29M), Germany (C$393k), Mexico (C$263k), and Thailand (C$151k).

Growth In June 2024, the increase in Pencils and Crayons's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$30.3k or 64.3%) and United States (C$13.4k or 105%). In June 2024, the decrease in Pencils and Crayons's year-by-year imports was explained primarily by a decrease in imports from Mexico (C$-32.9k or -14.8%), United Kingdom (C$-12.2k or -41%), and Vietnam (C$-11.1k or -17.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$6.57k(4.39%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.37M(-23.6%)
MAIN EXPORTER (June 2024)QuebecC$132k
MAIN DESTINATION (June 2024)United KingdomC$118k

This section shows Pencils and Crayons'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 Pencils and Crayons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.52M
IMPORTS (2022)$45M
NET TRADE (2022)-$37.4M

In 2022, Canada exported $7.52M in Pencils and Crayons. The main destinations of Canada exports on Pencils and Crayons were United States ($6.12M), United Kingdom ($646k), Costa Rica ($410k), Germany ($74.9k), and France ($26.3k).

In 2022, Canada imported $45M in Pencils and Crayons, mainly from United States ($12.7M), China ($11.5M), Brazil ($5.19M), Thailand ($4.49M), and Germany ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.21M (24.7%)
Costa Rica$257k (169%)
United Kingdom$110k (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY Canada WERE (2021 - 2022):
Peru-$54.5k (-86.6%)
Colombia-$27.2k (-82.5%)
Argentina-$15.6k (-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 Pencils and Crayons were:
China $911M
Germany $174M
Brazil $91.2M
In 2022, Canada's main importing competitors in Pencils and Crayons were:
United States $377M
Germany $131M
France $63M

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.93M
TOP IMPORT POTENTIALChina+ $3.01M

Pencils and Crayons’s highest export potential is United States. With an export gap of $2.93M.   Pencils and Crayons’s highest import potential is China with an import gap of $3.01M.

See methodology.

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