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2022
Exports $70.9MWorld Rnk 26 / 187
Flag Rnk 444 / 1210
2022
Destination $12.4M United States
2021 - 2022
FASTEST GROWING MARKET $12.4MUnited States
2022
PRODUCT COMPLEXITY IN Ink0.41Rnk 404 / 1025
2022
Imports $218MWorld Rnk 15 / 222
Flag Rnk 386 / 1213
2022
Origin $10.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.9MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $70.9M in Ink, making it the 26th largest exporter of Ink in the world. At the same year, Ink was the 444th most exported product in Canada. The main destination of Ink exports from Canada are: United States ($64M), Germany ($911k), Netherlands ($840k), Japan ($621k), and India ($485k).

The fastest growing export markets for Ink of Canada between 2021 and 2022 were United States ($12.4M), Germany ($781k), and Malaysia ($342k).

Imports In 2022, Canada imported $218M in Ink, becoming the 15th largest importer of Ink in the world. At the same year, Ink was the 386th most imported product in Canada. Canada imports Ink primarily from: United States ($165M), Israel ($7.89M), United Kingdom ($7.66M), Germany ($6.77M), and Japan ($4.2M).

The fastest growing import markets in Ink for Canada between 2021 and 2022 were United States ($10.9M), Germany ($1.15M), and China ($1.09M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Ink exports accounted up to C$8.37M and imports accounted up to C$25M, resulting in a negative trade balance of C$16.7M. Between June 2023 and June 2024 the exports of Canada's   Ink have increased by C$1.55M (22.7%) from C$6.82M to C$8.37M, while imports increased by C$2.83M (12.7%) from C$22.2M to C$25M.

Destinations In June 2024, Ink were exported mostly to United States (C$7.64M), Netherlands (C$283k), Singapore (C$127k), Guatemala (C$67.5k), and Brazil (C$65.1k), and were imported mostly from United States (C$15.4M), Israel (C$2.26M), United Kingdom (C$1.46M), India (C$983k), and Japan (C$924k).

Growth In June 2024, the increase in Ink's year-by-year exports was explained primarily by an increase in exports to India (C$93.5k or 450%), Chinese Taipei (C$29.7k or 1.36k%), and Australia (C$10.9k or 133%). In June 2024, the increase in Ink's year-by-year imports was explained primarily by an increase in imports from United States (C$2.39M or 20.6%), Switzerland (C$811k or 359%), and Germany (C$573k or 76.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.55M(22.7%)
IMPORT GROWTH (June 2023 - June 2024)C$2.83M(12.7%)
MAIN EXPORTER (June 2024)OntarioC$6.63M
MAIN DESTINATION (June 2024)United StatesC$7.64M

This section shows Ink'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 Ink over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.9M
IMPORTS (2022)$218M
NET TRADE (2022)-$148M

In 2022, Canada exported $70.9M in Ink. The main destinations of Canada exports on Ink were United States ($64M), Germany ($911k), Netherlands ($840k), Japan ($621k), and India ($485k).

In 2022, Canada imported $218M in Ink, mainly from United States ($165M), Israel ($7.89M), United Kingdom ($7.66M), Germany ($6.77M), and Japan ($4.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$12.4M (24%)
Germany$781k (604%)
Malaysia$342k (13.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Canada WERE (2021 - 2022):
Guatemala-$283k (-99%)
Bangladesh-$154k (-88.5%)
Mexico-$102k (-37.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Ink were:
Germany $2.2B
Japan $999M
Netherlands $953M
In 2022, Canada's main importing competitors in Ink were:
Germany $1.12B
Netherlands $935M
France $896M

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALGermany+ $5.82M

Ink’s highest export potential is United States. With an export gap of $12.8M.   Ink’s highest import potential is Germany with an import gap of $5.82M.

See methodology.

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