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2023
Exports $27.3MWorld Rnk 38 / 196
Flag Rnk 593 / 1212
2023
Destination $3.69M United States
2022 - 2023
FASTEST GROWING MARKET $3.69MUnited States
2023
PRODUCT COMPLEXITY IN Perfumes-0.011Rnk 562 / 1025
2023
Imports $293MWorld Rnk 20 / 222
Flag Rnk 311 / 1211
2023
Origin $28.8M United States
2022 - 2023
FASTEST GROWING ORIGIN $28.8MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $27.3M in Perfumes, making it the 38th largest exporter of Perfumes in the world. At the same year, Perfumes was the 593rd most exported product in Canada. The main destination of Perfumes exports from Canada are: United States ($22.3M), Hong Kong ($634k), Switzerland ($568k), Mexico ($461k), and Chile ($458k).

The fastest growing export markets for Perfumes of Canada between 2022 and 2023 were United States ($3.69M), Mexico ($454k), and Chile ($391k).

Imports In 2023, Canada imported $293M in Perfumes, becoming the 20th largest importer of Perfumes in the world. At the same year, Perfumes was the 311th most imported product in Canada. Canada imports Perfumes primarily from: United States ($113M), France ($62.4M), Spain ($36.4M), Italy ($35.8M), and United Arab Emirates ($10.6M).

The fastest growing import markets in Perfumes for Canada between 2022 and 2023 were United States ($28.8M), Spain ($11.4M), and Italy ($5.63M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Perfumes exports accounted up to C$17.9M and imports accounted up to C$46.9M, resulting in a negative trade balance of C$29M. Between November 2023 and November 2024 the exports of Canada's   Perfumes have increased by C$15.4M (624%) from C$2.47M to C$17.9M, while imports decreased by C$-2.32M (-4.71%) from C$49.2M to C$46.9M.

Destinations In November 2024, Perfumes were exported mostly to United States (C$17.7M), Australia (C$29.4k), France (C$28.7k), Netherlands (C$28.6k), and Italy (C$10.9k), and were imported mostly from France (C$15.4M), United States (C$14.5M), Spain (C$6.18M), Italy (C$3.95M), and United Arab Emirates (C$2.26M).

Growth In November 2024, the increase in Perfumes's year-by-year exports was explained primarily by an increase in exports to United States (C$1.36M or 98.3%), Netherlands (C$1.65k or 754%), and Australia (C$1.5k or 82%). In November 2024, the decrease in Perfumes's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-176k or -36.6%), United Kingdom (C$-87.8k or -21.7%), and Saudi Arabia (C$-39.7k or -83.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$15.4M(624%)
IMPORT GROWTH (November 2023 - November 2024)C$-2.32M(-4.71%)
MAIN EXPORTER (November 2024)OntarioC$15.2M
MAIN DESTINATION (November 2024)United StatesC$17.7M

This section shows Perfumes'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 Perfumes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$27.3M
IMPORTS (2023)$293M
NET TRADE (2023)-$265M

In 2023, Canada exported $27.3M in Perfumes. The main destinations of Canada exports on Perfumes were United States ($22.3M), Hong Kong ($634k), Switzerland ($568k), Mexico ($461k), and Chile ($458k).

In 2023, Canada imported $293M in Perfumes, mainly from United States ($113M), France ($62.4M), Spain ($36.4M), Italy ($35.8M), and United Arab Emirates ($10.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$3.69M (19.9%)
Mexico$454k (5.89k%)
Chile$391k (580%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Canada WERE (2022 - 2023):
United Arab Emirates-$355k (-80.3%)
Israel-$334k (-79%)
South Korea-$100k (-87.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Perfumes were:
France $10.4B
Spain $3.67B
Italy $2.38B
In 2023, Canada's main importing competitors in Perfumes were:
United States $4.27B
Germany $2.1B
Netherlands $1.43B

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.4M
TOP IMPORT POTENTIALUnited States+ $17.1M

Perfumes’s highest export potential is United States. With an export gap of $30.4M.   Perfumes’s highest import potential is United States with an import gap of $17.1M.

See methodology.

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