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2022
Exports $286kWorld Rnk 41 / 133
Flag Rnk 1108 / 1210
2022
Destination $51.2k United States
2021 - 2022
FASTEST GROWING MARKET $51.2kUnited States
2022
PRODUCT COMPLEXITY IN Silk Fabrics0.43Rnk 394 / 1025
2022
Imports $4.98MWorld Rnk 32 / 192
Flag Rnk 1036 / 1213
2022
Origin $430k China
2021 - 2022
FASTEST GROWING ORIGIN $430kChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $286k in Silk Fabrics, making it the 41st largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 1108th most exported product in Canada. The main destination of Silk Fabrics exports from Canada are: United States ($162k), Cote d'Ivoire ($31.5k), Paraguay ($26.4k), Italy ($18k), and United Kingdom ($9.69k).

The fastest growing export markets for Silk Fabrics of Canada between 2021 and 2022 were United States ($51.2k), Cote d'Ivoire ($31.5k), and Paraguay ($26.4k).

Imports In 2022, Canada imported $4.98M in Silk Fabrics, becoming the 32nd largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 1036th most imported product in Canada. Canada imports Silk Fabrics primarily from: China ($1.45M), Italy ($1.01M), India ($971k), United States ($676k), and South Korea ($602k).

The fastest growing import markets in Silk Fabrics for Canada between 2021 and 2022 were China ($430k), Italy ($308k), and United States ($129k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Silk Fabrics exports accounted up to C$668 and imports accounted up to C$211k, resulting in a negative trade balance of C$210k. Between May 2023 and June 2024 the exports of Canada's   Silk Fabrics have decreased by C$-43k (-98.5%) from C$43.7k to C$668, while imports decreased by C$-164k (-43.8%) from C$374k to C$211k.

Destinations In June 2024, Silk Fabrics were exported mostly to United States (C$668), and were imported mostly from China (C$59.9k), Italy (C$53.6k), India (C$40.3k), United States (C$15.5k), and Japan (C$14.9k).

Growth In June 2024, the decrease in Silk Fabrics's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Silk Fabrics's year-by-year imports was explained primarily by a decrease in imports from China (C$-154k or -60.1%), India (C$-134k or -77.7%), and United States (C$-6.83k or -38%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)C$-43k(-98.5%)
IMPORT GROWTH (June 2023 - June 2024)C$-164k(-43.8%)
MAIN EXPORTER (June 2024)OntarioC$171k
MAIN DESTINATION (June 2024)United StatesC$668

This section shows Silk Fabrics'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 Silk Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$286k
IMPORTS (2022)$4.98M
NET TRADE (2022)-$4.7M

In 2022, Canada exported $286k in Silk Fabrics. The main destinations of Canada exports on Silk Fabrics were United States ($162k), Cote d'Ivoire ($31.5k), Paraguay ($26.4k), Italy ($18k), and United Kingdom ($9.69k).

In 2022, Canada imported $4.98M in Silk Fabrics, mainly from China ($1.45M), Italy ($1.01M), India ($971k), United States ($676k), and South Korea ($602k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$51.2k (46.2%)
Cote d'Ivoire$31.5k (1%)
Paraguay$26.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Canada WERE (2021 - 2022):
Japan-$76.9k (-100%)
United Arab Emirates-$36.6k (-100%)
Israel-$20.2k (-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 Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Canada's main importing competitors in Silk Fabrics were:
Italy $142M
France $82.6M
United States $55.6M

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALChina+ $636k

Silk Fabrics’s highest export potential is United States. With an export gap of $145k.   Silk Fabrics’s highest import potential is China with an import gap of $636k.

See methodology.

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