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2022
Exports $42.1kWorld Rnk 66 / 109
Flag Rnk 1171 / 1210
falsefalse India
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
Imports $290kWorld Rnk 62 / 172
Flag Rnk 1175 / 1213
2021 - 2022
FASTEST GROWING ORIGINfalseTurkey
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $42.1k in Prepared Cotton, making it the 66th largest exporter of Prepared Cotton in the world. At the same year, Prepared Cotton was the 1171st most exported product in Canada. The main destination of Prepared Cotton exports from Canada are: India ($40k) and United States ($2.1k).

Imports In 2022, Canada imported $290k in Prepared Cotton, becoming the 62nd largest importer of Prepared Cotton in the world. At the same year, Prepared Cotton was the 1175th most imported product in Canada. Canada imports Prepared Cotton primarily from: United States ($152k), Turkey ($71.4k), Mexico ($22.3k), Italy ($11.2k), and China ($10.9k).

The fastest growing import markets in Prepared Cotton for Canada between 2021 and 2022 were Turkey ($70.8k), United States ($15.7k), and Mexico ($10.9k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Prepared Cotton exports accounted up to C$1.36k and imports accounted up to C$6.64k, resulting in a negative trade balance of C$5.28k. Between July 2022 and June 2024 the exports of Canada's   Prepared Cotton have decreased by C$-833 (-38%) from C$2.19k to C$1.36k, while imports decreased by C$-25.7k (-79.4%) from C$32.3k to C$6.64k.

Destinations In June 2024, Prepared Cotton were exported mostly to United States (C$1.36k), and were imported mostly from United States (C$4.8k), Italy (C$656), Iran (C$597), Nepal (C$291), and India (C$236).

Growth In June 2024, the decrease in Prepared Cotton's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Prepared Cotton's year-by-year imports was explained primarily by a decrease in imports from United States (C$-8.3k or -62.9%) and China (C$-1.8k or -41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - June 2024)C$-833(-38%)
IMPORT GROWTH (June 2023 - June 2024)C$-25.7k(-79.4%)
MAIN EXPORTER (June 2024)OntarioC$1.36k
MAIN DESTINATION (June 2024)United StatesC$1.36k

This section shows Prepared Cotton'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 Prepared Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.1k
IMPORTS (2022)$290k
NET TRADE (2022)-$248k

In 2022, Canada exported $42.1k in Prepared Cotton. The main destinations of Canada exports on Prepared Cotton were India ($40k) and United States ($2.1k).

In 2022, Canada imported $290k in Prepared Cotton, mainly from United States ($152k), Turkey ($71.4k), Mexico ($22.3k), Italy ($11.2k), and China ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cotton BY Canada WERE (2021 - 2022):
India-$74.2k (-65%)
United Arab Emirates-$61.5k (-100%)
Netherlands-$6.16k (-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 Prepared Cotton were:
India $66.6M
Tanzania $44M
United States $29.7M
In 2022, Canada's main importing competitors in Prepared Cotton were:
Vietnam $49.4M
Pakistan $29.1M
Chinese Taipei $23.5M

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Trade Value of Prepared Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.8k
TOP IMPORT POTENTIALUnited States+ $97.4k

Prepared Cotton’s highest export potential is India. With an export gap of $5.8k.   Prepared Cotton’s highest import potential is United States with an import gap of $97.4k.

See methodology.

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