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2022
Exports $3.25MWorld Rnk 18 / 73
Flag Rnk 914 / 1210
2022
Destination $448k United States
2021 - 2022
FASTEST GROWING MARKET $448kUnited States
2022
Imports $112MWorld Rnk 1 / 122
Flag Rnk 542 / 1213
2022
Origin $13M United States
2021 - 2022
FASTEST GROWING ORIGIN $13MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.25M in Railroad Ties, making it the 18th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 914th most exported product in Canada. The main destination of Railroad Ties exports from Canada are: United States ($2.88M), United Kingdom ($328k), Japan ($33.2k), and Chinese Taipei ($2.55k).

The fastest growing export markets for Railroad Ties of Canada between 2021 and 2022 were United States ($448k).

Imports In 2022, Canada imported $112M in Railroad Ties, becoming the 1st largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 542nd most imported product in Canada. Canada imports Railroad Ties primarily from: United States ($112M).

The fastest growing import markets in Railroad Ties for Canada between 2021 and 2022 were United States ($13M).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Railroad Ties exports accounted up to C$742k and imports accounted up to C$14.1M, resulting in a negative trade balance of C$13.3M. Between September 2023 and September 2024 the exports of Canada's   Railroad Ties have increased by C$403k (119%) from C$340k to C$742k, while imports increased by C$169k (1.22%) from C$13.9M to C$14.1M.

Destinations In September 2024, Railroad Ties were exported mostly to United States (C$742k), and were imported mostly from United States (C$14.1M).

Growth In September 2024, the increase in Railroad Ties's year-by-year exports was explained primarily by an increase in exports to United States (C$23.8k or 61.4%). In September 2024, the increase in Railroad Ties's year-by-year imports was explained primarily by an increase in imports from United States (C$6.34M or 101%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$403k(119%)
IMPORT GROWTH (September 2023 - September 2024)C$169k(1.22%)
MAIN EXPORTER (September 2024)British ColumbiaC$721k
MAIN DESTINATION (September 2024)United StatesC$742k

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.25M
IMPORTS (2022)$112M
NET TRADE (2022)-$109M

In 2022, Canada exported $3.25M in Railroad Ties. The main destinations of Canada exports on Railroad Ties were United States ($2.88M), United Kingdom ($328k), Japan ($33.2k), and Chinese Taipei ($2.55k).

In 2022, Canada imported $112M in Railroad Ties, mainly from United States ($112M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Canada WERE (2021 - 2022):United States$448k (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Canada WERE (2021 - 2022):
United Kingdom-$270k (-45.1%)
Japan-$36.2k (-52.1%)
Chinese Taipei-$11.1k (-81.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Railroad Ties were:
United States $132M
France $46.5M
Belgium $30.4M
In 2022, Canada's main importing competitors in Railroad Ties were:
Netherlands $52.6M
Germany $20.9M

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $10.6k
TOP IMPORT POTENTIALFrance+ $2.38k

Railroad Ties’s highest export potential is Japan. With an export gap of $10.6k.   Railroad Ties’s highest import potential is France with an import gap of $2.38k.

See methodology.

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