2022
Exports
$204MWorld Rnk 9 / 207
Flag Rnk 277 / 1210
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$284MWorld Rnk 6 / 218
Flag Rnk 346 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $204M in Iron Springs, making it the 9th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 277th most exported product in Canada. The main destination of Iron Springs exports from Canada are: United States ($153M), Mexico ($20M), Germany ($8.68M), China ($7.88M), and Canada ($2.18M).

The fastest growing export markets for Iron Springs of Canada between 2021 and 2022 were Mexico ($14.5M), United States ($11.7M), and Finland ($427k).

Imports In 2022, Canada imported $284M in Iron Springs, becoming the 6th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 346th most imported product in Canada. Canada imports Iron Springs primarily from: United States ($167M), China ($48.1M), Mexico ($34M), Germany ($5.95M), and India ($4.11M).

The fastest growing import markets in Iron Springs for Canada between 2021 and 2022 were United States ($22.8M), Mexico ($16.7M), and India ($1.3M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-3.09M(-14.3%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.04M(-3.15%)
MAIN EXPORTER (June 2024)OntarioC$14.6M
MAIN DESTINATION (June 2024)United StatesC$15.8M

This section shows Iron Springs'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 Iron Springs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$204M
IMPORTS (2022)$284M
NET TRADE (2022)-$80.1M

In 2022, Canada exported $204M in Iron Springs. The main destinations of Canada exports on Iron Springs were United States ($153M), Mexico ($20M), Germany ($8.68M), China ($7.88M), and Canada ($2.18M).

In 2022, Canada imported $284M in Iron Springs, mainly from United States ($167M), China ($48.1M), Mexico ($34M), Germany ($5.95M), and India ($4.11M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Mexico$14.5M (265%)
United States$11.7M (8.25%)
Finland$427k (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Canada WERE (2021 - 2022):
Germany-$2.51M (-22.4%)
China-$2.09M (-21%)
Australia-$420k (-22.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Iron Springs were:
In 2022, Canada's main importing competitors in Iron Springs were:

Explore Visualizations

Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34M
TOP IMPORT POTENTIALChina+ $6.33M

Iron Springs’s highest export potential is United States. With an export gap of $34M.   Iron Springs’s highest import potential is China with an import gap of $6.33M.

See methodology.

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