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2022
Exports $12.1MWorld Rnk 9 / 124
Flag Rnk 754 / 1210
2022
Destination $4.08k United States
2021 - 2022
FASTEST GROWING MARKET $4.08kIreland
2022
Imports $6.24MWorld Rnk 12 / 186
Flag Rnk 1012 / 1213
2022
Origin $29.2k United States
2021 - 2022
FASTEST GROWING ORIGIN $29.2kFrance
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $12.1M in Retail Cotton Yarn, making it the 9th largest exporter of Retail Cotton Yarn in the world. At the same year, Retail Cotton Yarn was the 754th most exported product in Canada. The main destination of Retail Cotton Yarn exports from Canada are: United States ($11M), Canada ($950k), United Kingdom ($44.8k), Australia ($19k), and Japan ($5.72k).

The fastest growing export markets for Retail Cotton Yarn of Canada between 2021 and 2022 were Ireland ($4.08k), South Korea ($2.82k), and India ($2.8k).

Imports In 2022, Canada imported $6.24M in Retail Cotton Yarn, becoming the 12th largest importer of Retail Cotton Yarn in the world. At the same year, Retail Cotton Yarn was the 1012th most imported product in Canada. Canada imports Retail Cotton Yarn primarily from: United States ($2.5M), Canada ($950k), China ($908k), France ($429k), and United Kingdom ($232k).

The fastest growing import markets in Retail Cotton Yarn for Canada between 2021 and 2022 were France ($29.2k), Brazil ($28.8k), and Norway ($26.4k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Retail Cotton Yarn exports accounted up to C$1.67M and imports accounted up to C$720k, resulting in a positive trade balance of C$951k. Between June 2023 and June 2024 the exports of Canada's   Retail Cotton Yarn have decreased by C$-368k (-18.1%) from C$2.04M to C$1.67M, while imports increased by C$36.9k (5.4%) from C$683k to C$720k.

Destinations In June 2024, Retail Cotton Yarn were exported mostly to United States (C$1.62M), United Kingdom (C$27.8k), and Dominican Republic (C$22.9k), and were imported mostly from France (C$215k), India (C$125k), China (C$93.9k), Mexico (C$78.1k), and Canada (C$69.6k).

Growth In June 2024, the decrease in Retail Cotton Yarn's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Retail Cotton Yarn's year-by-year imports was explained primarily by an increase in imports from China (C$38.2k or 60.2%), Turkey (C$33.1k or 69.3%), and Italy (C$27.8k or 190%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-368k(-18.1%)
IMPORT GROWTH (June 2023 - June 2024)C$36.9k(5.4%)
MAIN EXPORTER (June 2024)OntarioC$2.31M
MAIN DESTINATION (June 2024)United StatesC$1.62M

This section shows Retail Cotton Yarn'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 Retail Cotton Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.1M
IMPORTS (2022)$6.24M
NET TRADE (2022)$5.85M

In 2022, Canada exported $12.1M in Retail Cotton Yarn. The main destinations of Canada exports on Retail Cotton Yarn were United States ($11M), Canada ($950k), United Kingdom ($44.8k), Australia ($19k), and Japan ($5.72k).

In 2022, Canada imported $6.24M in Retail Cotton Yarn, mainly from United States ($2.5M), Canada ($950k), China ($908k), France ($429k), and United Kingdom ($232k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Cotton Yarn EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Ireland$4.08k (414%)
South Korea$2.82k (2k%)
India$2.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Cotton Yarn BY Canada WERE (2021 - 2022):
United States-$2.11M (-16%)
Canada-$371k (-28.1%)
United Kingdom-$105k (-70%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Retail Cotton Yarn were:
China $41M
Turkey $32.6M
France $29.5M
In 2022, Canada's main importing competitors in Retail Cotton Yarn were:
United States $46.6M
Germany $36.4M
France $13.8M

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Trade Value of Retail Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $480k
TOP IMPORT POTENTIALChina+ $147k

Retail Cotton Yarn’s highest export potential is United States. With an export gap of $480k.   Retail Cotton Yarn’s highest import potential is China with an import gap of $147k.

See methodology.

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