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Pricing

2022
Exports $221MWorld Rnk 24 / 143
Flag Rnk 258 / 1210
2022
Destination $36.7M United States
2021 - 2022
FASTEST GROWING MARKET $36.7MUnited States
2022
PRODUCT COMPLEXITY IN Styrene Polymers0.75Rnk 262 / 1025
2022
Imports $607MWorld Rnk 9 / 205
Flag Rnk 183 / 1213
2022
Origin $89.6M United States
2021 - 2022
FASTEST GROWING ORIGIN $89.6MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $221M in Styrene Polymers, making it the 24th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 258th most exported product in Canada. The main destination of Styrene Polymers exports from Canada are: United States ($194M), Mexico ($7.02M), Malaysia ($4.25M), China ($2.67M), and Thailand ($1.62M).

The fastest growing export markets for Styrene Polymers of Canada between 2021 and 2022 were United States ($36.7M), Malaysia ($968k), and South Korea ($904k).

Imports In 2022, Canada imported $607M in Styrene Polymers, becoming the 9th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 183rd most imported product in Canada. Canada imports Styrene Polymers primarily from: United States ($376M), Chinese Taipei ($79.5M), Mexico ($50.3M), South Korea ($39.1M), and China ($21.4M).

The fastest growing import markets in Styrene Polymers for Canada between 2021 and 2022 were United States ($89.6M), China ($16.9M), and Chinese Taipei ($16.4M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Styrene Polymers exports accounted up to C$22.3M and imports accounted up to C$48M, resulting in a negative trade balance of C$25.7M. Between June 2023 and June 2024 the exports of Canada's   Styrene Polymers have increased by C$6.91M (44.9%) from C$15.4M to C$22.3M, while imports increased by C$6.38M (15.3%) from C$41.6M to C$48M.

Destinations In June 2024, Styrene Polymers were exported mostly to United States (C$19.2M), Colombia (C$816k), Malaysia (C$360k), Singapore (C$347k), and Dominican Republic (C$313k), and were imported mostly from United States (C$27.5M), Chinese Taipei (C$5.75M), South Korea (C$5.31M), Mexico (C$4.71M), and China (C$1.73M).

Growth In June 2024, the increase in Styrene Polymers's year-by-year exports was explained primarily by an increase in exports to Malaysia (C$302k or 124%), France (C$157k or 1.52k%), and Germany (C$19.6k or 2.29k%). In June 2024, the increase in Styrene Polymers's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (C$1.4M or 30.1%), France (C$661k or 228%), and China (C$435k or 145%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$6.91M(44.9%)
IMPORT GROWTH (June 2023 - June 2024)C$6.38M(15.3%)
MAIN EXPORTER (June 2024)QuebecC$20.6M
MAIN DESTINATION (June 2024)United StatesC$19.2M

This section shows Styrene Polymers'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 Styrene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$221M
IMPORTS (2022)$607M
NET TRADE (2022)-$386M

In 2022, Canada exported $221M in Styrene Polymers. The main destinations of Canada exports on Styrene Polymers were United States ($194M), Mexico ($7.02M), Malaysia ($4.25M), China ($2.67M), and Thailand ($1.62M).

In 2022, Canada imported $607M in Styrene Polymers, mainly from United States ($376M), Chinese Taipei ($79.5M), Mexico ($50.3M), South Korea ($39.1M), and China ($21.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$36.7M (23.3%)
Malaysia$968k (29.4%)
South Korea$904k (457%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Canada WERE (2021 - 2022):
Mexico-$10.4M (-59.6%)
Thailand-$1.68M (-51%)
Panama-$1.43M (-97.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Styrene Polymers were:
South Korea $3.93B
Chinese Taipei $3.34B
Germany $1.82B
In 2022, Canada's main importing competitors in Styrene Polymers were:
China $4.25B
United States $1.74B
Germany $1.34B

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.4M
TOP IMPORT POTENTIALSouth Korea+ $13.6M

Styrene Polymers’s highest export potential is United States. With an export gap of $37.4M.   Styrene Polymers’s highest import potential is South Korea with an import gap of $13.6M.

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