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Pricing

2023
Exports $73.6MWorld Rnk 8 / 91
Flag Rnk 425 / 1212
2023
Destination $6.08M United States
2022 - 2023
FASTEST GROWING MARKET $6.08MTurkey
2023
PRODUCT COMPLEXITY IN Pig Iron-1.16Rnk 869 / 1025
2023
Imports $16.7MWorld Rnk 25 / 140
Flag Rnk 872 / 1211
2023
Origin $6.14M United States
2022 - 2023
FASTEST GROWING ORIGIN $6.14MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $73.6M in Pig Iron, making it the 8th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 425th most exported product in Canada. The main destination of Pig Iron exports from Canada are: United States ($47.6M), Germany ($11.6M), Turkey ($6.08M), United Kingdom ($1.79M), and Iceland ($1.52M).

The fastest growing export markets for Pig Iron of Canada between 2022 and 2023 were Turkey ($6.08M), Netherlands ($412k), and Austria ($391k).

Imports In 2023, Canada imported $16.7M in Pig Iron, becoming the 25th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 872nd most imported product in Canada. Canada imports Pig Iron primarily from: United States ($12.1M), Brazil ($4.52M), Mexico ($81.8k), China ($13.6k), and Italy ($1.84k).

The fastest growing import markets in Pig Iron for Canada between 2022 and 2023 were United States ($6.14M), Mexico ($81.8k), and China ($13.4k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Pig Iron exports accounted up to C$11.3M and imports accounted up to C$113k, resulting in a positive trade balance of C$11.2M. Between November 2023 and November 2024 the exports of Canada's   Pig Iron have decreased by C$-2.15M (-16%) from C$13.4M to C$11.3M, while imports increased by C$111k (6.98k%) from C$1.59k to C$113k.

Destinations In November 2024, Pig Iron were exported mostly to United States (C$11.3M), and were imported mostly from Brazil (C$112k) and United States (C$1.09k).

Growth In November 2024, the decrease in Pig Iron's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.29M or -43.5%). In November 2024, the increase in Pig Iron's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-2.15M(-16%)
IMPORT GROWTH (November 2023 - November 2024)C$111k(6.98k%)
MAIN EXPORTER (November 2024)QuebecC$11.8M
MAIN DESTINATION (November 2024)United StatesC$11.3M

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$73.6M
IMPORTS (2023)$16.7M
NET TRADE (2023)$56.9M

In 2023, Canada exported $73.6M in Pig Iron. The main destinations of Canada exports on Pig Iron were United States ($47.6M), Germany ($11.6M), Turkey ($6.08M), United Kingdom ($1.79M), and Iceland ($1.52M).

In 2023, Canada imported $16.7M in Pig Iron, mainly from United States ($12.1M), Brazil ($4.52M), Mexico ($81.8k), China ($13.6k), and Italy ($1.84k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Turkey$6.08M (1%)
Netherlands$412k (80.6%)
Austria$391k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Canada WERE (2022 - 2023):
United States-$86M (-64.4%)
Germany-$6.32M (-35.3%)
Finland-$3.86M (-73.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Pig Iron were:
Brazil $1.88B
Russia $1.37B
Ukraine $469M
In 2023, Canada's main importing competitors in Pig Iron were:
United States $1.74B
Italy $711M
Turkey $711M

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.5M
TOP IMPORT POTENTIALBrazil+ $2.22M

Pig Iron’s highest export potential is United States. With an export gap of $45.5M.   Pig Iron’s highest import potential is Brazil with an import gap of $2.22M.

See methodology.

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