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Pricing

2022
Exports $550kWorld Rnk 44 / 151
Flag Rnk 1085 / 1210
2022
Destination $102k United States
2021 - 2022
FASTEST GROWING MARKET $102kUnited States
2022
PRODUCT COMPLEXITY IN Plaiting Products-1.95Rnk 997 / 1025
2022
Imports $12.4MWorld Rnk 10 / 211
Flag Rnk 923 / 1213
2022
Origin $958k China
2021 - 2022
FASTEST GROWING ORIGIN $958kUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $550k in Plaiting Products, making it the 44th largest exporter of Plaiting Products in the world. At the same year, Plaiting Products was the 1085th most exported product in Canada. The main destination of Plaiting Products exports from Canada are: United States ($394k), Cuba ($90k), Japan ($30.6k), Canada ($16.4k), and Trinidad and Tobago ($5.36k).

The fastest growing export markets for Plaiting Products of Canada between 2021 and 2022 were United States ($102k), Cuba ($90k), and Japan ($22k).

Imports In 2022, Canada imported $12.4M in Plaiting Products, becoming the 10th largest importer of Plaiting Products in the world. At the same year, Plaiting Products was the 923rd most imported product in Canada. Canada imports Plaiting Products primarily from: China ($6.62M), United States ($2.86M), India ($1.87M), Vietnam ($279k), and Mexico ($177k).

The fastest growing import markets in Plaiting Products for Canada between 2021 and 2022 were United States ($958k), India ($309k), and Italy ($75.7k).

Latest Trends

May 2024

About

Overview In May 2024 Canada's Plaiting Products exports accounted up to C$43.3k and imports accounted up to C$487k, resulting in a negative trade balance of C$444k. Between April 2023 and May 2024 the exports of Canada's   Plaiting Products have increased by C$23.1k (114%) from C$20.3k to C$43.3k, while imports decreased by C$-821k (-62.7%) from C$1.31M to C$487k.

Destinations In May 2024, Plaiting Products were exported mostly to , and were imported mostly from United States (C$183k), China (C$131k), India (C$114k), Mexico (C$35.9k), and Vietnam (C$9.09k).

Growth In May 2024, the increase in Plaiting Products's year-by-year exports was explained primarily by an increase in exports to United States (C$6.08k or 17%). In June 2024, the decrease in Plaiting Products's year-by-year imports was explained primarily by a decrease in imports from France (C$-33k or -99%), Philippines (C$-2.71k or -62.1%), and Canada (C$-502 or -61.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - May 2024)C$23.1k(114%)
IMPORT GROWTH (June 2023 - June 2024)C$-821k(-62.7%)
MAIN EXPORTER (May 2024)AlbertaC$40.5k
MAIN DESTINATION (May 2024)

This section shows Plaiting Products'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 Plaiting Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$550k
IMPORTS (2022)$12.4M
NET TRADE (2022)-$11.8M

In 2022, Canada exported $550k in Plaiting Products. The main destinations of Canada exports on Plaiting Products were United States ($394k), Cuba ($90k), Japan ($30.6k), Canada ($16.4k), and Trinidad and Tobago ($5.36k).

In 2022, Canada imported $12.4M in Plaiting Products, mainly from China ($6.62M), United States ($2.86M), India ($1.87M), Vietnam ($279k), and Mexico ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaiting Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$102k (35.2%)
Cuba$90k (1%)
Japan$22k (257%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaiting Products BY Canada WERE (2021 - 2022):
Cayman Islands-$114k (-100%)
Australia-$19.1k (-100%)
Austria-$7.48k (-99.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Plaiting Products were:
China $364M
India $42.5M
France $20.2M
In 2022, Canada's main importing competitors in Plaiting Products were:
Japan $95.7M
United States $60.8M
France $44.2M

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Trade Value of Plaiting Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $210k
TOP IMPORT POTENTIALIndia+ $220k

Plaiting Products’s highest export potential is United States. With an export gap of $210k.   Plaiting Products’s highest import potential is India with an import gap of $220k.

See methodology.

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