2022
Exports
$3.95MWorld Rnk 32 / 155
Flag Rnk 898 / 1210
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$30.1MWorld Rnk 9 / 216
Flag Rnk 802 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.95M in Safes, making it the 32nd largest exporter of Safes in the world. At the same year, Safes was the 898th most exported product in Canada. The main destination of Safes exports from Canada are: United States ($3.38M), Dominican Republic ($69.5k), Trinidad and Tobago ($66.7k), Bahamas ($66.1k), and Jamaica ($65.6k).

The fastest growing export markets for Safes of Canada between 2021 and 2022 were United States ($593k), Dominican Republic ($67.4k), and Trinidad and Tobago ($65.7k).

Imports In 2022, Canada imported $30.1M in Safes, becoming the 9th largest importer of Safes in the world. At the same year, Safes was the 802nd most imported product in Canada. Canada imports Safes primarily from: China ($14.2M), United States ($10.3M), Mexico ($3.64M), South Korea ($438k), and Italy ($334k).

The fastest growing import markets in Safes for Canada between 2021 and 2022 were United States ($1.45M), Italy ($216k), and Germany ($161k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-5.98k(-1.32%)
IMPORT GROWTH (June 2023 - June 2024)C$-230k(-7.13%)
MAIN EXPORTER (June 2024)QuebecC$398k
MAIN DESTINATION (June 2024)United StatesC$372k

This section shows Safes'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 Safes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.95M
IMPORTS (2022)$30.1M
NET TRADE (2022)-$26.1M

In 2022, Canada exported $3.95M in Safes. The main destinations of Canada exports on Safes were United States ($3.38M), Dominican Republic ($69.5k), Trinidad and Tobago ($66.7k), Bahamas ($66.1k), and Jamaica ($65.6k).

In 2022, Canada imported $30.1M in Safes, mainly from China ($14.2M), United States ($10.3M), Mexico ($3.64M), South Korea ($438k), and Italy ($334k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$593k (21.3%)
Dominican Republic$67.4k (3.24k%)
Trinidad and Tobago$65.7k (7.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Canada WERE (2021 - 2022):
Malawi-$57.5k (-100%)
China-$36.6k (-100%)
France-$23.6k (-77.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.35M
TOP IMPORT POTENTIALChina+ $671k

Safes’s highest export potential is United States. With an export gap of $2.35M.   Safes’s highest import potential is China with an import gap of $671k.

See methodology.

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