2023
Exports
$1.06BWorld Rnk 21 / 208
Flag Rnk 85 / 1212
2023
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.25Rnk 89 / 1025
2023
Imports
$6.69BWorld Rnk 12 / 222
Flag Rnk 10 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.06B in Vaccines, blood, antisera, toxins and cultures, making it the 21st largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 85th most exported product in Canada. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Canada are: United States ($655M), France ($86.2M), Norway ($67.1M), Belgium ($36.1M), and United Kingdom ($30.1M).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Canada between 2022 and 2023 were United States ($151M), France ($50.5M), and Italy ($17.7M).

Imports In 2023, Canada imported $6.69B in Vaccines, blood, antisera, toxins and cultures, becoming the 12th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 10th most imported product in Canada. Canada imports Vaccines, blood, antisera, toxins and cultures primarily from: United States ($2.09B), Switzerland ($974M), Germany ($870M), Ireland ($787M), and Belgium ($693M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Canada between 2022 and 2023 were Ireland ($159M), Germany ($73.5M), and Sweden ($60.9M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$17.7M(18%)
IMPORT GROWTH (November 2023 - November 2024)C$-41.3M(-5.61%)
MAIN EXPORTER (November 2024)OntarioC$88.5M
MAIN DESTINATION (November 2024)United StatesC$70.4M

This section shows Vaccines, blood, antisera, toxins and cultures'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 Vaccines, blood, antisera, toxins and cultures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.06B
IMPORTS (2023)$6.69B
NET TRADE (2023)-$5.62B

In 2023, Canada exported $1.06B in Vaccines, blood, antisera, toxins and cultures. The main destinations of Canada exports on Vaccines, blood, antisera, toxins and cultures were United States ($655M), France ($86.2M), Norway ($67.1M), Belgium ($36.1M), and United Kingdom ($30.1M).

In 2023, Canada imported $6.69B in Vaccines, blood, antisera, toxins and cultures, mainly from United States ($2.09B), Switzerland ($974M), Germany ($870M), Ireland ($787M), and Belgium ($693M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$151M (30%)
France$50.5M (142%)
Italy$17.7M (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Canada WERE (2022 - 2023):
Dominican Republic-$17.9M (-89.9%)
South Korea-$12.6M (-50.8%)
Mexico-$10.6M (-61.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2023, Canada's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $456M
TOP IMPORT POTENTIALUnited States+ $1.02B

Vaccines, blood, antisera, toxins and cultures’s highest export potential is United States. With an export gap of $456M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $1.02B.

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