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2022
Exports $3.35BWorld Rnk 41 / 226
Flag Rnk 16 / 21
2022
Destination $5.91M United States
2021 - 2022
FASTEST GROWING MARKET $5.91MSpain
2022
PRODUCT COMPLEXITY IN Textiles1.5Rnk 52 / 1025
2022
Imports $18.7BWorld Rnk 13 / 226
Flag Rnk 9 / 21
2022
Origin $473M China
2021 - 2022
FASTEST GROWING ORIGIN $473MBangladesh
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.35B in Textiles, making it the 41st largest exporter of Textiles in the world. At the same year, Textiles was the 16th most exported product in Canada. The main destination of Textiles exports from Canada are: United States ($2.41B), China ($140M), Netherlands ($102M), Mexico ($93.8M), and United Kingdom ($63.2M).

The fastest growing export markets for Textiles of Canada between 2021 and 2022 were Spain ($5.91M), South Korea ($5.7M), and Chile ($5.41M).

Imports In 2022, Canada imported $18.7B in Textiles, becoming the 13th largest importer of Textiles in the world. At the same year, Textiles was the 9th most imported product in Canada. Canada imports Textiles primarily from: China ($5.01B), United States ($4.01B), Bangladesh ($1.86B), Vietnam ($1.57B), and Cambodia ($1.35B).

The fastest growing import markets in Textiles for Canada between 2021 and 2022 were Bangladesh ($473M), Vietnam ($405M), and United States ($320M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (9), IKEA Group (2), and Dow Chemical (1) were at the forefront of shipping Textiles from Canada to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Canada's Textiles exports accounted up to C$347M and imports accounted up to C$2.15B, resulting in a negative trade balance of C$1.81B. Between August 2023 and August 2024 the exports of Canada's   Textiles have increased by C$69.3M (25%) from C$278M to C$347M, while imports increased by C$64.4M (3.08%) from C$2.09B to C$2.15B.

Destinations In August 2024, Textiles were exported mostly to United States (C$176M), China (C$96M), Japan (C$13.5M), Netherlands (C$12.4M), and Mexico (C$10.9M), and were imported mostly from China (C$675M), Vietnam (C$245M), United States (C$236M), Bangladesh (C$210M), and Cambodia (C$188M).

Growth In August 2024, the increase in Textiles's year-by-year exports was explained primarily by an increase in exports to United States (C$31M or 21.9%), Thailand (C$4.38M or 483%), and Netherlands (C$3.99M or 54%). In August 2024, the increase in Textiles's year-by-year imports was explained primarily by an increase in imports from China (C$69.5M or 16.2%), Bangladesh (C$56.1M or 34.5%), and Cambodia (C$42.7M or 46.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$69.3M(25%)
IMPORT GROWTH (August 2023 - August 2024)C$64.4M(3.08%)
MAIN EXPORTER (August 2024)OntarioC$236M
MAIN DESTINATION (August 2024)United StatesC$176M

This section shows Textiles'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 Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.35B
IMPORTS (2022)$18.7B
NET TRADE (2022)-$15.3B

In 2022, Canada exported $3.35B in Textiles. The main destinations of Canada exports on Textiles were United States ($2.41B), China ($140M), Netherlands ($102M), Mexico ($93.8M), and United Kingdom ($63.2M).

In 2022, Canada imported $18.7B in Textiles, mainly from China ($5.01B), United States ($4.01B), Bangladesh ($1.86B), Vietnam ($1.57B), and Cambodia ($1.35B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Spain$5.91M (92.5%)
South Korea$5.7M (17.9%)
Chile$5.41M (52.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles BY Canada WERE (2021 - 2022):
China-$51.4M (-26.8%)
United States-$21.7M (-0.89%)
France-$11.1M (-55.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Textiles were:
China $303B
Bangladesh $57.7B
Vietnam $48.8B
In 2022, Canada's main importing competitors in Textiles were:
United States $148B
Germany $69.3B
Japan $35.3B

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Trade Value of Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $998M
TOP IMPORT POTENTIALChina+ $667M

Textiles’s highest export potential is United States. With an export gap of $998M.   Textiles’s highest import potential is China with an import gap of $667M.

See methodology.

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