2022
Exports
$21.3MWorld Rnk 20 / 126
Flag Rnk 662 / 1210
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2022
Imports
$64MWorld Rnk 13 / 202
Flag Rnk 652 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $21.3M in Stainless Steel Wire, making it the 20th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 662nd most exported product in Canada. The main destination of Stainless Steel Wire exports from Canada are: United States ($20.5M), Canada ($205k), Mexico ($89.7k), Chinese Taipei ($86.7k), and Republic of the Congo ($62k).

The fastest growing export markets for Stainless Steel Wire of Canada between 2021 and 2022 were United States ($3.81M), Canada ($157k), and Chinese Taipei ($84.4k).

Imports In 2022, Canada imported $64M in Stainless Steel Wire, becoming the 13th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 652nd most imported product in Canada. Canada imports Stainless Steel Wire primarily from: United States ($22.6M), China ($12.6M), India ($11M), Chinese Taipei ($3.96M), and Vietnam ($3.64M).

The fastest growing import markets in Stainless Steel Wire for Canada between 2021 and 2022 were China ($8.39M), India ($3.35M), and Chinese Taipei ($832k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$129k(8.33%)
IMPORT GROWTH (September 2023 - September 2024)C$92.3k(1.46%)
MAIN EXPORTER (September 2024)OntarioC$2.04M
MAIN DESTINATION (September 2024)United StatesC$1.67M

This section shows Stainless Steel Wire'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 Stainless Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.3M
IMPORTS (2022)$64M
NET TRADE (2022)-$42.7M

In 2022, Canada exported $21.3M in Stainless Steel Wire. The main destinations of Canada exports on Stainless Steel Wire were United States ($20.5M), Canada ($205k), Mexico ($89.7k), Chinese Taipei ($86.7k), and Republic of the Congo ($62k).

In 2022, Canada imported $64M in Stainless Steel Wire, mainly from United States ($22.6M), China ($12.6M), India ($11M), Chinese Taipei ($3.96M), and Vietnam ($3.64M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$3.81M (22.8%)
Canada$157k (333%)
Chinese Taipei$84.4k (3.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Canada WERE (2021 - 2022):
Colombia-$38.4k (-100%)
Germany-$36.8k (-81%)
Costa Rica-$31.7k (-37.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Stainless Steel Wire were:
In 2022, Canada's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.18M
TOP IMPORT POTENTIALIndia+ $3.26M

Stainless Steel Wire’s highest export potential is United States. With an export gap of $4.18M.   Stainless Steel Wire’s highest import potential is India with an import gap of $3.26M.

See methodology.

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