2022
Exports
$259MWorld Rnk 25 / 210
Flag Rnk 70 / 96
2022
PRODUCT COMPLEXITY IN Wadding, felt, nonwovens, twin, ropes, & articles thereof
0.79Rnk 248 / 1025
2022
Imports
$835MWorld Rnk 11 / 223
Flag Rnk 61 / 96
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $259M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, making it the 25th largest exporter of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 70th most exported product in Canada. The main destination of Wadding, felt, nonwovens, twin, ropes, & articles thereof exports from Canada are: United States ($235M), Mexico ($4.25M), China ($2.68M), Canada ($1.96M), and United Kingdom ($1.45M).

The fastest growing export markets for Wadding, felt, nonwovens, twin, ropes, & articles thereof of Canada between 2021 and 2022 were United States ($15M), Cuba ($804k), and Belgium ($455k).

Imports In 2022, Canada imported $835M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, becoming the 11th largest importer of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 61st most imported product in Canada. Canada imports Wadding, felt, nonwovens, twin, ropes, & articles thereof primarily from: United States ($563M), China ($115M), Germany ($18.5M), India ($17.9M), and Portugal ($16.1M).

The fastest growing import markets in Wadding, felt, nonwovens, twin, ropes, & articles thereof for Canada between 2021 and 2022 were United States ($5.15M), Italy ($3.29M), and Vietnam ($2.6M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$29.5k(0.12%)
IMPORT GROWTH (June 2023 - June 2024)C$2.93M(3.3%)
MAIN EXPORTER (June 2024)OntarioC$15.5M
MAIN DESTINATION (June 2024)United StatesC$22M

This section shows Wadding, felt, nonwovens, twin, ropes, & articles thereof'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 Wadding, felt, nonwovens, twin, ropes, & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$259M
IMPORTS (2022)$835M
NET TRADE (2022)-$576M

In 2022, Canada exported $259M in Wadding, felt, nonwovens, twin, ropes, & articles thereof. The main destinations of Canada exports on Wadding, felt, nonwovens, twin, ropes, & articles thereof were United States ($235M), Mexico ($4.25M), China ($2.68M), Canada ($1.96M), and United Kingdom ($1.45M).

In 2022, Canada imported $835M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, mainly from United States ($563M), China ($115M), Germany ($18.5M), India ($17.9M), and Portugal ($16.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wadding, felt, nonwovens, twin, ropes, & articles thereof EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$15M (6.84%)
Cuba$804k (1.79k%)
Belgium$455k (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wadding, felt, nonwovens, twin, ropes, & articles thereof BY Canada WERE (2021 - 2022):
Mexico-$2.55M (-37.5%)
Canada-$1.04M (-34.8%)
Vietnam-$408k (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:
In 2022, Canada's main importing competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:

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Trade Value of Wadding, felt, nonwovens, twin, ropes, & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $49.8M
TOP IMPORT POTENTIALChina+ $35.5M

Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest export potential is United States. With an export gap of $49.8M.   Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest import potential is China with an import gap of $35.5M.

See methodology.

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