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2022
Exports $2.87MWorld Rnk 24 / 130
Flag Rnk 935 / 1210
2022
Destination $672k United States
2021 - 2022
FASTEST GROWING MARKET $672kUnited States
2022
PRODUCT COMPLEXITY IN Conveyor Belt Textiles1.03Rnk 160 / 1025
2022
Imports $25.8MWorld Rnk 6 / 200
Flag Rnk 821 / 1213
2022
Origin $3.05M India
2021 - 2022
FASTEST GROWING ORIGIN $3.05MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.87M in Conveyor Belt Textiles, making it the 24th largest exporter of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 935th most exported product in Canada. The main destination of Conveyor Belt Textiles exports from Canada are: United States ($2.44M), Thailand ($163k), Turkey ($53k), Qatar ($33.4k), and Mexico ($30k).

The fastest growing export markets for Conveyor Belt Textiles of Canada between 2021 and 2022 were United States ($672k), Thailand ($59.2k), and Qatar ($33.4k).

Imports In 2022, Canada imported $25.8M in Conveyor Belt Textiles, becoming the 6th largest importer of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 821st most imported product in Canada. Canada imports Conveyor Belt Textiles primarily from: India ($9.74M), United States ($6.08M), United Kingdom ($3.24M), Netherlands ($1.58M), and Italy ($1.25M).

The fastest growing import markets in Conveyor Belt Textiles for Canada between 2021 and 2022 were United Kingdom ($3.05M), United States ($964k), and India ($905k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Conveyor Belt Textiles exports accounted up to C$285k and imports accounted up to C$1.83M, resulting in a negative trade balance of C$1.55M. Between June 2023 and June 2024 the exports of Canada's   Conveyor Belt Textiles have increased by C$101k (55%) from C$184k to C$285k, while imports decreased by C$-2.91M (-61.4%) from C$4.75M to C$1.83M.

Destinations In June 2024, Conveyor Belt Textiles were exported mostly to United States (C$284k) and Bulgaria (C$146), and were imported mostly from United States (C$672k), Netherlands (C$337k), Switzerland (C$263k), Germany (C$191k), and China (C$111k).

Growth In June 2024, the increase in Conveyor Belt Textiles's year-by-year exports was explained primarily by an increase in exports to United States (C$60.2k or 144%). In June 2024, the decrease in Conveyor Belt Textiles's year-by-year imports was explained primarily by a decrease in imports from Netherlands (C$-73.4k or -65%), China (C$-35.1k or -67.6%), and Mexico (C$-20.9k or -53.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$101k(55%)
IMPORT GROWTH (June 2023 - June 2024)C$-2.91M(-61.4%)
MAIN EXPORTER (June 2024)OntarioC$329k
MAIN DESTINATION (June 2024)United StatesC$284k

This section shows Conveyor Belt Textiles'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 Conveyor Belt Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.87M
IMPORTS (2022)$25.8M
NET TRADE (2022)-$23M

In 2022, Canada exported $2.87M in Conveyor Belt Textiles. The main destinations of Canada exports on Conveyor Belt Textiles were United States ($2.44M), Thailand ($163k), Turkey ($53k), Qatar ($33.4k), and Mexico ($30k).

In 2022, Canada imported $25.8M in Conveyor Belt Textiles, mainly from India ($9.74M), United States ($6.08M), United Kingdom ($3.24M), Netherlands ($1.58M), and Italy ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Conveyor Belt Textiles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$672k (38%)
Thailand$59.2k (57.2%)
Qatar$33.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Conveyor Belt Textiles BY Canada WERE (2021 - 2022):
India-$44.1k (-78.6%)
Cuba-$13.6k (-79.8%)
Australia-$9.03k (-54.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Conveyor Belt Textiles were:
Germany $133M
China $128M
Netherlands $76.7M
In 2022, Canada's main importing competitors in Conveyor Belt Textiles were:
United States $83.3M
Germany $46.3M
Netherlands $35.3M

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Trade Value of Conveyor Belt Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $861k
TOP IMPORT POTENTIALChina+ $616k

Conveyor Belt Textiles’s highest export potential is United States. With an export gap of $861k.   Conveyor Belt Textiles’s highest import potential is China with an import gap of $616k.

See methodology.

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