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2023
Exports $33.8MWorld Rnk 15 / 105
Flag Rnk 547 / 1212
2023
Destination $8.09M Poland
2022 - 2023
FASTEST GROWING MARKET $8.09MPoland
2023
PRODUCT COMPLEXITY IN Prepared Explosives-0.95Rnk 814 / 1025
2023
Imports $94.4MWorld Rnk 3 / 170
Flag Rnk 565 / 1211
2023
Origin $1.22M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.22MNorway
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $33.8M in Prepared Explosives, making it the 15th largest exporter of Prepared Explosives in the world. At the same year, Prepared Explosives was the 547th most exported product in Canada. The main destination of Prepared Explosives exports from Canada are: Poland ($18.3M), United States ($8.63M), Ukraine ($5.37M), Ghana ($744k), and Czechia ($653k).

The fastest growing export markets for Prepared Explosives of Canada between 2022 and 2023 were Poland ($8.09M), Ukraine ($5.37M), and Ghana ($695k).

Imports In 2023, Canada imported $94.4M in Prepared Explosives, becoming the 3rd largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 565th most imported product in Canada. Canada imports Prepared Explosives primarily from: United States ($71.7M), Mexico ($17.5M), Norway ($3.13M), Sweden ($1.03M), and United Kingdom ($572k).

The fastest growing import markets in Prepared Explosives for Canada between 2022 and 2023 were Norway ($1.22M), Sweden ($328k), and Brazil ($5.04k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Prepared Explosives exports accounted up to C$777k and imports accounted up to C$9.51M, resulting in a negative trade balance of C$8.74M. Between November 2023 and November 2024 the exports of Canada's   Prepared Explosives have decreased by C$-197k (-20.2%) from C$973k to C$777k, while imports decreased by C$-3.25M (-25.4%) from C$12.8M to C$9.51M.

Destinations In November 2024, Prepared Explosives were exported mostly to United States (C$777k), and were imported mostly from United States (C$7.17M), Mexico (C$2.33M), and Canada (C$9.34k).

Growth In November 2024, the decrease in Prepared Explosives's year-by-year exports was explained primarily by a decrease in exports to United States (C$-232k or -24.5%). In November 2024, the decrease in Prepared Explosives's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-197k(-20.2%)
IMPORT GROWTH (November 2023 - November 2024)C$-3.25M(-25.4%)
MAIN EXPORTER (November 2024)OntarioC$1.69M
MAIN DESTINATION (November 2024)United StatesC$777k

This section shows Prepared Explosives'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 Explosives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$33.8M
IMPORTS (2023)$94.4M
NET TRADE (2023)-$60.5M

In 2023, Canada exported $33.8M in Prepared Explosives. The main destinations of Canada exports on Prepared Explosives were Poland ($18.3M), United States ($8.63M), Ukraine ($5.37M), Ghana ($744k), and Czechia ($653k).

In 2023, Canada imported $94.4M in Prepared Explosives, mainly from United States ($71.7M), Mexico ($17.5M), Norway ($3.13M), Sweden ($1.03M), and United Kingdom ($572k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Explosives EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Poland$8.09M (79%)
Ukraine$5.37M (1%)
Ghana$695k (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Explosives BY Canada WERE (2022 - 2023):
United States-$909k (-9.53%)
Netherlands-$12.3k (-35.5%)
Australia-$11.5k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Prepared Explosives were:
United States $274M
Russia $99.5M
India $88.8M
In 2023, Canada's main importing competitors in Prepared Explosives were:
United States $140M
Peru $128M

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Trade Value of Prepared Explosives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.91M
TOP IMPORT POTENTIALPoland+ $470k

Prepared Explosives’s highest export potential is United States. With an export gap of $3.91M.   Prepared Explosives’s highest import potential is Poland with an import gap of $470k.

See methodology.

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