2022
Exports
$750MWorld Rnk 7 / 124
Flag Rnk 123 / 1210
2022
PRODUCT COMPLEXITY IN Cold-Rolled Iron
0.081Rnk 526 / 1025
2022
Imports
$222MWorld Rnk 21 / 203
Flag Rnk 384 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $750M in Cold-Rolled Iron, making it the 7th largest exporter of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 123rd most exported product in Canada. The main destination of Cold-Rolled Iron exports from Canada are: United States ($742M), Canada ($2.49M), Cuba ($1.46M), Bangladesh ($1.38M), and Mexico ($1.24M).

The fastest growing export markets for Cold-Rolled Iron of Canada between 2021 and 2022 were United States ($147M), Canada ($1.43M), and Mexico ($638k).

Imports In 2022, Canada imported $222M in Cold-Rolled Iron, becoming the 21st largest importer of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 384th most imported product in Canada. Canada imports Cold-Rolled Iron primarily from: United States ($146M), Chinese Taipei ($20.1M), Turkey ($15.3M), India ($9.14M), and South Korea ($5.95M).

The fastest growing import markets in Cold-Rolled Iron for Canada between 2021 and 2022 were United States ($16.8M), South Korea ($5.85M), and Switzerland ($3.56M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-1.76M(-2.42%)
IMPORT GROWTH (June 2023 - June 2024)C$9.25M(36.2%)
MAIN EXPORTER (June 2024)OntarioC$76.6M
MAIN DESTINATION (June 2024)United StatesC$70.8M

This section shows Cold-Rolled Iron'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 Cold-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$750M
IMPORTS (2022)$222M
NET TRADE (2022)$528M

In 2022, Canada exported $750M in Cold-Rolled Iron. The main destinations of Canada exports on Cold-Rolled Iron were United States ($742M), Canada ($2.49M), Cuba ($1.46M), Bangladesh ($1.38M), and Mexico ($1.24M).

In 2022, Canada imported $222M in Cold-Rolled Iron, mainly from United States ($146M), Chinese Taipei ($20.1M), Turkey ($15.3M), India ($9.14M), and South Korea ($5.95M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cold-Rolled Iron EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$147M (24.6%)
Canada$1.43M (135%)
Mexico$638k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cold-Rolled Iron BY Canada WERE (2021 - 2022):
Bangladesh-$1.63M (-54.2%)
Ukraine-$371k (-100%)
Pakistan-$315k (-44.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Cold-Rolled Iron were:
China $2.87B
Japan $1.62B
In 2022, Canada's main importing competitors in Cold-Rolled Iron were:

Explore Visualizations

Trade Value of Cold-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $3.11M
TOP IMPORT POTENTIALChina+ $5.86M

Cold-Rolled Iron’s highest export potential is Mexico. With an export gap of $3.11M.   Cold-Rolled Iron’s highest import potential is China with an import gap of $5.86M.

See methodology.

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