2022
Exports
$269MWorld Rnk 6 / 91
Flag Rnk 235 / 1210
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$40.4MWorld Rnk 24 / 169
Flag Rnk 750 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $269M in Steel Bars, making it the 6th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 235th most exported product in Canada. The main destination of Steel Bars exports from Canada are: United States ($268M), Canada ($667k), India ($344k), Pakistan ($248k), and Belgium ($84.4k).

The fastest growing export markets for Steel Bars of Canada between 2021 and 2022 were United States ($37.9M), Canada ($249k), and Belgium ($42.4k).

Imports In 2022, Canada imported $40.4M in Steel Bars, becoming the 24th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 750th most imported product in Canada. Canada imports Steel Bars primarily from: United States ($31.6M), Germany ($5.85M), China ($1.5M), Canada ($667k), and Japan ($641k).

The fastest growing import markets in Steel Bars for Canada between 2021 and 2022 were United States ($9.89M), Germany ($5.78M), and Canada ($249k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)C$-3.59M(-11.6%)
IMPORT GROWTH (October 2023 - October 2024)C$-1.91M(-46.4%)
MAIN EXPORTER (October 2024)QuebecC$18.5M
MAIN DESTINATION (October 2024)United StatesC$27.4M

This section shows Steel Bars'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 Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$269M
IMPORTS (2022)$40.4M
NET TRADE (2022)$229M

In 2022, Canada exported $269M in Steel Bars. The main destinations of Canada exports on Steel Bars were United States ($268M), Canada ($667k), India ($344k), Pakistan ($248k), and Belgium ($84.4k).

In 2022, Canada imported $40.4M in Steel Bars, mainly from United States ($31.6M), Germany ($5.85M), China ($1.5M), Canada ($667k), and Japan ($641k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$37.9M (16.5%)
Canada$249k (59.7%)
Belgium$42.4k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Canada WERE (2021 - 2022):
Pakistan-$652k (-72.4%)
India-$138k (-28.7%)
Egypt-$89.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $685k
TOP IMPORT POTENTIALChina+ $2.17M

Steel Bars’s highest export potential is India. With an export gap of $685k.   Steel Bars’s highest import potential is China with an import gap of $2.17M.

See methodology.

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