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2022
Exports $218kWorld Rnk 31 / 74
Flag Rnk 1121 / 1210
2022
Destination $145k Thailand
2021 - 2022
FASTEST GROWING MARKET $145kThailand
2022
Imports $4.7MWorld Rnk 15 / 156
Flag Rnk 1045 / 1213
2022
Origin $546k United States
2021 - 2022
FASTEST GROWING ORIGIN $546kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $218k in Wool Grease, making it the 31st largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1121st most exported product in Canada. The main destination of Wool Grease exports from Canada are: Thailand ($145k), Israel ($58.7k), Japan ($9.14k), Latvia ($5.35k), and Netherlands ($91).

The fastest growing export markets for Wool Grease of Canada between 2021 and 2022 were Thailand ($145k), Israel ($45.5k), and Japan ($8.27k).

Imports In 2022, Canada imported $4.7M in Wool Grease, becoming the 15th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 1045th most imported product in Canada. Canada imports Wool Grease primarily from: United States ($2.85M), United Kingdom ($861k), Japan ($231k), Brazil ($228k), and New Zealand ($177k).

The fastest growing import markets in Wool Grease for Canada between 2021 and 2022 were United Kingdom ($546k), Brazil ($227k), and India ($134k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Wool Grease exports accounted up to C$125k and imports accounted up to C$193k, resulting in a negative trade balance of C$68k. Between December 2022 and September 2024 the exports of Canada's   Wool Grease have increased by C$120k (2.57k%) from C$4.68k to C$125k, while imports decreased by C$-218k (-53.1%) from C$411k to C$193k.

Destinations In September 2024, Wool Grease were exported mostly to Thailand (C$125k), and were imported mostly from New Zealand (C$82.5k), Brazil (C$32.3k), United States (C$26.9k), India (C$17.5k), and Australia (C$14.2k).

Growth In September 2024, the increase in Wool Grease's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the decrease in Wool Grease's year-by-year imports was explained primarily by a decrease in imports from United States (C$-111k or -27.3%), China (C$-6.44k or -82.7%), and India (C$-2.59k or -13.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - September 2024)C$120k(2.57k%)
IMPORT GROWTH (September 2023 - September 2024)C$-218k(-53.1%)
MAIN EXPORTER (September 2024)OntarioC$125k
MAIN DESTINATION (September 2024)ThailandC$125k

This section shows Wool Grease'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 Wool Grease over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$218k
IMPORTS (2022)$4.7M
NET TRADE (2022)-$4.48M

In 2022, Canada exported $218k in Wool Grease. The main destinations of Canada exports on Wool Grease were Thailand ($145k), Israel ($58.7k), Japan ($9.14k), Latvia ($5.35k), and Netherlands ($91).

In 2022, Canada imported $4.7M in Wool Grease, mainly from United States ($2.85M), United Kingdom ($861k), Japan ($231k), Brazil ($228k), and New Zealand ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Thailand$145k (1%)
Israel$45.5k (344%)
Japan$8.27k (951%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Canada WERE (2021 - 2022):
Cuba-$186k (-100%)
United States-$180k (-100%)
Russia-$10.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Wool Grease were:
China $76M
United Kingdom $50.3M
Japan $25.8M
In 2022, Canada's main importing competitors in Wool Grease were:
Germany $47.9M
United States $35.1M
United Kingdom $29.8M

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $11.2k
TOP IMPORT POTENTIALChina+ $107k

Wool Grease’s highest export potential is Japan. With an export gap of $11.2k.   Wool Grease’s highest import potential is China with an import gap of $107k.

See methodology.

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