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2023
Exports $141MWorld Rnk 9 / 79
Flag Rnk 326 / 1212
2023
Destination $10.4M Japan
2022 - 2023
FASTEST GROWING MARKET $10.4MBelgium
2023
PRODUCT COMPLEXITY IN Titanium Ore-1.98Rnk 997 / 1025
2023
Imports $112MWorld Rnk 7 / 99
Flag Rnk 537 / 1211
2023
Origin $32.4M Madagascar
2022 - 2023
FASTEST GROWING ORIGIN $32.4MMadagascar
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $141M in Titanium Ore, making it the 9th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 326th most exported product in Canada. The main destination of Titanium Ore exports from Canada are: Japan ($122M), Belgium ($10.4M), United States ($7.82M), Germany ($658k), and China ($1.22k).

The fastest growing export markets for Titanium Ore of Canada between 2022 and 2023 were Belgium ($10.4M), China ($1.22k), and Spain ($303).

Imports In 2023, Canada imported $112M in Titanium Ore, becoming the 7th largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 537th most imported product in Canada. Canada imports Titanium Ore primarily from: Madagascar ($81.8M), Mozambique ($17.1M), South Africa ($6.59M), Belgium ($6.58M), and United States ($193k).

The fastest growing import markets in Titanium Ore for Canada between 2022 and 2023 were Madagascar ($32.4M), South Africa ($6.59M), and Ukraine ($42.6k).

Latest Trends

October 2024

About

Overview In October 2024 Canada's Titanium Ore exports accounted up to C$3.23k and imports accounted up to C$13M, resulting in a negative trade balance of C$13M. Between November 2021 and October 2024 the exports of Canada's   Titanium Ore have decreased by C$-9.06M (-100%) from C$9.06M to C$3.23k, while imports increased by C$1.53M (13.4%) from C$11.4M to C$13M.

Destinations In October 2024, Titanium Ore were exported mostly to , and were imported mostly from Madagascar (C$13M) and United States (C$12).

Growth In October 2024, the decrease in Titanium Ore's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Titanium Ore's year-by-year imports was explained primarily by an increase in imports from United States (C$56k or 4.61k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - October 2024)C$-9.06M(-100%)
IMPORT GROWTH (November 2023 - November 2024)C$1.53M(13.4%)
MAIN EXPORTER (October 2024)QuebecC$142k
MAIN DESTINATION (October 2024)

This section shows Titanium Ore'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 Titanium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$141M
IMPORTS (2023)$112M
NET TRADE (2023)$28.2M

In 2023, Canada exported $141M in Titanium Ore. The main destinations of Canada exports on Titanium Ore were Japan ($122M), Belgium ($10.4M), United States ($7.82M), Germany ($658k), and China ($1.22k).

In 2023, Canada imported $112M in Titanium Ore, mainly from Madagascar ($81.8M), Mozambique ($17.1M), South Africa ($6.59M), Belgium ($6.58M), and United States ($193k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Belgium$10.4M (1%)
China$1.22k (1%)
Spain$303 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY Canada WERE (2022 - 2023):
Italy-$40.7M (-100%)
United States-$23.6M (-75.1%)
Japan-$8.64M (-6.63%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Titanium Ore were:
South Africa $546M
Mozambique $433M
Australia $409M
In 2023, Canada's main importing competitors in Titanium Ore were:
China $943M
Japan $370M
United States $325M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.3M
TOP IMPORT POTENTIALMozambique+ $1.03M

Titanium Ore’s highest export potential is United States. With an export gap of $20.3M.   Titanium Ore’s highest import potential is Mozambique with an import gap of $1.03M.

See methodology.

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