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2023
Exports $515MWorld Rnk 6 / 160
Flag Rnk 161 / 1212
2023
Destination $31.1M United States
2022 - 2023
FASTEST GROWING MARKET $31.1MUnited States
2023
PRODUCT COMPLEXITY IN Rough Wood-1.34Rnk 910 / 1025
2023
Imports $308MWorld Rnk 8 / 205
Flag Rnk 299 / 1211
2023
Origin $302k United States
2022 - 2023
FASTEST GROWING ORIGIN $302kCentral African Republic
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $515M in Rough Wood, making it the 6th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 161st most exported product in Canada. The main destination of Rough Wood exports from Canada are: United States ($182M), China ($161M), Japan ($140M), South Korea ($25.8M), and Chinese Taipei ($2.44M).

The fastest growing export markets for Rough Wood of Canada between 2022 and 2023 were United States ($31.1M), Peru ($811k), and Chinese Taipei ($283k).

Imports In 2023, Canada imported $308M in Rough Wood, becoming the 8th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 299th most imported product in Canada. Canada imports Rough Wood primarily from: United States ($307M), Ghana ($311k), Central African Republic ($302k), France ($143k), and United Arab Emirates ($38.7k).

The fastest growing import markets in Rough Wood for Canada between 2022 and 2023 were Central African Republic ($302k), France ($112k), and United Arab Emirates ($38.7k).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Rough Wood exports accounted up to C$60M and imports accounted up to C$27.7M, resulting in a positive trade balance of C$32.3M. Between December 2023 and December 2024 the exports of Canada's   Rough Wood have increased by C$8.47M (16.4%) from C$51.5M to C$60M, while imports decreased by C$-810k (-2.84%) from C$28.5M to C$27.7M.

Destinations In December 2024, Rough Wood were exported mostly to China (C$26.7M), Japan (C$16.8M), United States (C$11.5M), South Korea (C$4.73M), and Vietnam (C$218k), and were imported mostly from United States (C$27.7M), France (C$3.77k), Portugal (C$2.69k), Chile (C$862), and Belgium (C$585).

Growth In December 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to China (C$8.09M or 50.6%) and Vietnam (C$3.2k or 3.83%). In December 2024, the decrease in Rough Wood's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$8.47M(16.4%)
IMPORT GROWTH (December 2023 - December 2024)C$-810k(-2.84%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)ChinaC$26.7M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$515M
IMPORTS (2023)$308M
NET TRADE (2023)$206M

In 2023, Canada exported $515M in Rough Wood. The main destinations of Canada exports on Rough Wood were United States ($182M), China ($161M), Japan ($140M), South Korea ($25.8M), and Chinese Taipei ($2.44M).

In 2023, Canada imported $308M in Rough Wood, mainly from United States ($307M), Ghana ($311k), Central African Republic ($302k), France ($143k), and United Arab Emirates ($38.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$31.1M (20.6%)
Peru$811k (115%)
Chinese Taipei$283k (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Canada WERE (2022 - 2023):
Japan-$79.5M (-36.3%)
China-$32.1M (-16.6%)
South Korea-$2.58M (-9.12%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Rough Wood were:
New Zealand $2.19B
United States $1.67B
Germany $1.1B
In 2023, Canada's main importing competitors in Rough Wood were:
China $5.64B
India $836M
Austria $824M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27M
TOP IMPORT POTENTIALNetherlands+ $1.62M

Rough Wood’s highest export potential is United States. With an export gap of $27M.   Rough Wood’s highest import potential is Netherlands with an import gap of $1.62M.

See methodology.

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