2023
Exports
$279MWorld Rnk 3 / 194
Flag Rnk 229 / 1212
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$71.6MWorld Rnk 17 / 215
Flag Rnk 607 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $279M in Perfume Plants, making it the 3rd largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 229th most exported product in Canada. The main destination of Perfume Plants exports from Canada are: Australia ($93.8M), China ($86.4M), Germany ($41.6M), Israel ($26.7M), and United States ($10.9M).

The fastest growing export markets for Perfume Plants of Canada between 2022 and 2023 were Australia ($38.4M), China ($26.6M), and Germany ($20.4M).

Imports In 2023, Canada imported $71.6M in Perfume Plants, becoming the 17th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 607th most imported product in Canada. Canada imports Perfume Plants primarily from: United States ($17.9M), Mexico ($8.03M), India ($7.44M), China ($6.52M), and Morocco ($4.07M).

The fastest growing import markets in Perfume Plants for Canada between 2022 and 2023 were Colombia ($872k), Mexico ($563k), and Nigeria ($445k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$8.48M(27.7%)
IMPORT GROWTH (November 2023 - November 2024)C$-2.72M(-23.2%)
MAIN EXPORTER (November 2024)OntarioC$35.6M
MAIN DESTINATION (November 2024)GermanyC$14.4M

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$279M
IMPORTS (2023)$71.6M
NET TRADE (2023)$207M

In 2023, Canada exported $279M in Perfume Plants. The main destinations of Canada exports on Perfume Plants were Australia ($93.8M), China ($86.4M), Germany ($41.6M), Israel ($26.7M), and United States ($10.9M).

In 2023, Canada imported $71.6M in Perfume Plants, mainly from United States ($17.9M), Mexico ($8.03M), India ($7.44M), China ($6.52M), and Morocco ($4.07M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Australia$38.4M (69.4%)
China$26.6M (44.4%)
Germany$20.4M (95.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Canada WERE (2022 - 2023):
Israel-$19.2M (-41.8%)
Hong Kong-$1.39M (-24.3%)
Singapore-$546k (-32.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, Canada's main importing competitors in Perfume Plants were:

Explore Visualizations

Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.47M
TOP IMPORT POTENTIALIndia+ $3.6M

Perfume Plants’s highest export potential is United States. With an export gap of $9.47M.   Perfume Plants’s highest import potential is India with an import gap of $3.6M.

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