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2022
Exports $133MWorld Rnk 20 / 195
Flag Rnk 349 / 1210
2022
Destination $16.1M United States
2021 - 2022
FASTEST GROWING MARKET $16.1MUnited States
2022
PRODUCT COMPLEXITY IN Glues1.14Rnk 119 / 1025
2022
Imports $502MWorld Rnk 7 / 224
Flag Rnk 223 / 1213
2022
Origin $67.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $67.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $133M in Glues, making it the 20th largest exporter of Glues in the world. At the same year, Glues was the 349th most exported product in Canada. The main destination of Glues exports from Canada are: United States ($114M), United Kingdom ($3.54M), Germany ($1.85M), South Korea ($1.62M), and Mexico ($1.4M).

The fastest growing export markets for Glues of Canada between 2021 and 2022 were United States ($16.1M), United Kingdom ($1.31M), and Iraq ($685k).

Imports In 2022, Canada imported $502M in Glues, becoming the 7th largest importer of Glues in the world. At the same year, Glues was the 223rd most imported product in Canada. Canada imports Glues primarily from: United States ($448M), China ($17.4M), Germany ($13.3M), Mexico ($3.69M), and Netherlands ($2.59M).

The fastest growing import markets in Glues for Canada between 2021 and 2022 were United States ($67.5M), Netherlands ($1.24M), and South Korea ($1M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Glues exports accounted up to C$12.7M and imports accounted up to C$61.2M, resulting in a negative trade balance of C$48.5M. Between June 2023 and June 2024 the exports of Canada's   Glues have increased by C$1.79M (16.5%) from C$10.9M to C$12.7M, while imports increased by C$2.65M (4.52%) from C$58.6M to C$61.2M.

Destinations In June 2024, Glues were exported mostly to United States (C$11.9M), United Kingdom (C$402k), Australia (C$51.4k), United Arab Emirates (C$49.7k), and Chile (C$43.8k), and were imported mostly from United States (C$50M), Germany (C$4.29M), Mexico (C$2.18M), China (C$1.77M), and Italy (C$431k).

Growth In June 2024, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to Bangladesh (C$81.3k or 189%), Mexico (C$44.8k or 1.01k%), and South Africa (C$29.1k or 966%). In June 2024, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from United States (C$5.95M or 15.6%), Mexico (C$1.3M or 147%), and France (C$330k or 195%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.79M(16.5%)
IMPORT GROWTH (June 2023 - June 2024)C$2.65M(4.52%)
MAIN EXPORTER (June 2024)OntarioC$7.46M
MAIN DESTINATION (June 2024)United StatesC$11.9M

This section shows Glues'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 Glues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$133M
IMPORTS (2022)$502M
NET TRADE (2022)-$369M

In 2022, Canada exported $133M in Glues. The main destinations of Canada exports on Glues were United States ($114M), United Kingdom ($3.54M), Germany ($1.85M), South Korea ($1.62M), and Mexico ($1.4M).

In 2022, Canada imported $502M in Glues, mainly from United States ($448M), China ($17.4M), Germany ($13.3M), Mexico ($3.69M), and Netherlands ($2.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$16.1M (16.4%)
United Kingdom$1.31M (58.5%)
Iraq$685k (281%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY Canada WERE (2021 - 2022):
China-$1.01M (-68.9%)
South Korea-$419k (-20.5%)
Chinese Taipei-$360k (-32.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Glues were:
China $2.73B
Germany $2.52B
United States $1.82B
In 2022, Canada's main importing competitors in Glues were:
China $1.3B
Germany $816M
Vietnam $750M

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14M
TOP IMPORT POTENTIALChina+ $14.5M

Glues’s highest export potential is United States. With an export gap of $14M.   Glues’s highest import potential is China with an import gap of $14.5M.

See methodology.

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