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2023
Exports $14.8MWorld Rnk 4 / 135
Flag Rnk 679 / 1212
2023
Destination $90.9k United States
2022 - 2023
FASTEST GROWING MARKET $90.9kChina
2023
Imports $1.14MWorld Rnk 35 / 193
Flag Rnk 1125 / 1211
2023
Origin $821k United States
2022 - 2023
FASTEST GROWING ORIGIN $821kUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $14.8M in Wood Stakes, making it the 4th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 679th most exported product in Canada. The main destination of Wood Stakes exports from Canada are: United States ($14.3M), China ($293k), Antigua and Barbuda ($62.1k), Japan ($51.9k), and United Kingdom ($10.4k).

The fastest growing export markets for Wood Stakes of Canada between 2022 and 2023 were China ($90.9k), Antigua and Barbuda ($58.7k), and Japan ($51.9k).

Imports In 2023, Canada imported $1.14M in Wood Stakes, becoming the 35th largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 1125th most imported product in Canada. Canada imports Wood Stakes primarily from: United States ($1.02M), Honduras ($36.2k), China ($35.5k), Netherlands ($21.2k), and United Kingdom ($14.3k).

The fastest growing import markets in Wood Stakes for Canada between 2022 and 2023 were United States ($821k), Honduras ($36.1k), and Netherlands ($21.2k).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Wood Stakes exports accounted up to C$1.57M and imports accounted up to C$117k, resulting in a positive trade balance of C$1.46M. Between December 2023 and December 2024 the exports of Canada's   Wood Stakes have increased by C$472k (42.8%) from C$1.1M to C$1.57M, while imports decreased by C$-50.4k (-30.1%) from C$167k to C$117k.

Destinations In December 2024, Wood Stakes were exported mostly to United States (C$1.5M), Belarus (C$69.7k), and Singapore (C$245), and were imported mostly from United States (C$116k), Italy (C$438), and China (C$74).

Growth In December 2024, the increase in Wood Stakes's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the decrease in Wood Stakes's year-by-year imports was explained primarily by a decrease in imports from China (C$-330 or -13.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$472k(42.8%)
IMPORT GROWTH (December 2023 - December 2024)C$-50.4k(-30.1%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$1.5M

This section shows Wood Stakes'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 Wood Stakes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.8M
IMPORTS (2023)$1.14M
NET TRADE (2023)$13.6M

In 2023, Canada exported $14.8M in Wood Stakes. The main destinations of Canada exports on Wood Stakes were United States ($14.3M), China ($293k), Antigua and Barbuda ($62.1k), Japan ($51.9k), and United Kingdom ($10.4k).

In 2023, Canada imported $1.14M in Wood Stakes, mainly from United States ($1.02M), Honduras ($36.2k), China ($35.5k), Netherlands ($21.2k), and United Kingdom ($14.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Canada WERE (2022 - 2023):
China$90.9k (44.8%)
Antigua and Barbuda$58.7k (1.74k%)
Japan$51.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY Canada WERE (2022 - 2023):
United States-$3.03M (-17.4%)
Poland-$14.5k (-100%)
Turks and Caicos Islands-$8.07k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Wood Stakes were:
Poland $35.4M
Latvia $31.6M
Hungary $22.2M
In 2023, Canada's main importing competitors in Wood Stakes were:
France $38.3M
United Kingdom $35M
Ireland $24.3M

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $127k
TOP IMPORT POTENTIALUnited States+ $50.8k

Wood Stakes’s highest export potential is China. With an export gap of $127k.   Wood Stakes’s highest import potential is United States with an import gap of $50.8k.

See methodology.

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