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2022
Exports $73.4kWorld Rnk 38 / 110
Flag Rnk 1156 / 1210
2022
Destination $13.2k United States
2021 - 2022
FASTEST GROWING MARKET $13.2kUnited States
2022
Imports $3.31MWorld Rnk 4 / 179
Flag Rnk 1070 / 1213
2022
Origin $39.4k United States
2021 - 2022
FASTEST GROWING ORIGIN $39.4kGermany
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $73.4k in Textile Wicks, making it the 38th largest exporter of Textile Wicks in the world. At the same year, Textile Wicks was the 1156th most exported product in Canada. The main destination of Textile Wicks exports from Canada are: United States ($46.3k), Indonesia ($5.48k), Peru ($2.82k), United Kingdom ($2k), and Malaysia ($1.84k).

The fastest growing export markets for Textile Wicks of Canada between 2021 and 2022 were United States ($13.2k), Malaysia ($1.77k), and Colombia ($1.46k).

Imports In 2022, Canada imported $3.31M in Textile Wicks, becoming the 4th largest importer of Textile Wicks in the world. At the same year, Textile Wicks was the 1070th most imported product in Canada. Canada imports Textile Wicks primarily from: United States ($2.95M), Germany ($140k), China ($99.8k), Vietnam ($44.8k), and India ($41.1k).

The fastest growing import markets in Textile Wicks for Canada between 2021 and 2022 were Germany ($39.4k), Vietnam ($11.6k), and Greece ($2.62k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Textile Wicks exports accounted up to C$1.54k and imports accounted up to C$764k, resulting in a negative trade balance of C$763k. Between May 2023 and June 2024 the exports of Canada's   Textile Wicks have decreased by C$-5.27k (-77.4%) from C$6.81k to C$1.54k, while imports increased by C$477k (166%) from C$287k to C$764k.

Destinations In June 2024, Textile Wicks were exported mostly to United States (C$1.54k), and were imported mostly from United States (C$740k), China (C$13.6k), India (C$6.06k), Vietnam (C$3.49k), and Turkey (C$610).

Growth In June 2024, the decrease in Textile Wicks's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Textile Wicks's year-by-year imports was explained primarily by an increase in imports from Netherlands (C$8.3k or 2.72k%), Vietnam (C$4.54k or 14.2k%), and Austria (C$737 or 412%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)C$-5.27k(-77.4%)
IMPORT GROWTH (June 2023 - June 2024)C$477k(166%)
MAIN EXPORTER (June 2024)QuebecC$14.1k
MAIN DESTINATION (June 2024)United StatesC$1.54k

This section shows Textile Wicks'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 Textile Wicks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.4k
IMPORTS (2022)$3.31M
NET TRADE (2022)-$3.23M

In 2022, Canada exported $73.4k in Textile Wicks. The main destinations of Canada exports on Textile Wicks were United States ($46.3k), Indonesia ($5.48k), Peru ($2.82k), United Kingdom ($2k), and Malaysia ($1.84k).

In 2022, Canada imported $3.31M in Textile Wicks, mainly from United States ($2.95M), Germany ($140k), China ($99.8k), Vietnam ($44.8k), and India ($41.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Wicks EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$13.2k (39.9%)
Malaysia$1.77k (2.82k%)
Colombia$1.46k (1.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Wicks BY Canada WERE (2021 - 2022):
Indonesia-$2.42k (-30.6%)
Argentina-$1.49k (-90.4%)
China-$1.09k (-90%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Textile Wicks were:
Germany $17.9M
United States $8.26M
China $7.44M
In 2022, Canada's main importing competitors in Textile Wicks were:
United States $9.19M
Poland $5.8M
Germany $4.89M

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Trade Value of Textile Wicks by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Textile Wicks’s highest export potential is N/A. With an export gap of N/A.   Textile Wicks’s highest import potential is N/A with an import gap of N/A.

See methodology.

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