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2022
Exports $90.8kWorld Rnk 59 / 93
Flag Rnk 1152 / 1210
2022
Destination $2.88k United States
2021 - 2022
FASTEST GROWING MARKET $2.88kGuatemala
2022
PRODUCT COMPLEXITY IN Barium Sulphate-1.41Rnk 935 / 1025
2022
Imports $16.8MWorld Rnk 11 / 158
Flag Rnk 887 / 1213
2022
Origin $4M United States
2021 - 2022
FASTEST GROWING ORIGIN $4MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $90.8k in Barium Sulphate, making it the 59th largest exporter of Barium Sulphate in the world. At the same year, Barium Sulphate was the 1152nd most exported product in Canada. The main destination of Barium Sulphate exports from Canada are: United States ($87.8k), Guatemala ($2.88k), and Canada ($110).

The fastest growing export markets for Barium Sulphate of Canada between 2021 and 2022 were Guatemala ($2.88k) and Canada ($76).

Imports In 2022, Canada imported $16.8M in Barium Sulphate, becoming the 11th largest importer of Barium Sulphate in the world. At the same year, Barium Sulphate was the 887th most imported product in Canada. Canada imports Barium Sulphate primarily from: United States ($10.9M), Turkey ($3.26M), Morocco ($1.18M), India ($480k), and Netherlands ($379k).

The fastest growing import markets in Barium Sulphate for Canada between 2021 and 2022 were United States ($4M), India ($467k), and Morocco ($295k).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Barium Sulphate exports accounted up to C$22.8k and imports accounted up to C$1.27M, resulting in a negative trade balance of C$1.25M. Between August 2021 and July 2024 the exports of Canada's   Barium Sulphate have increased by C$15.7k (224%) from C$7.02k to C$22.8k, while imports decreased by C$-555k (-30.4%) from C$1.82M to C$1.27M.

Destinations In July 2024, Barium Sulphate were exported mostly to , and were imported mostly from United States (C$914k), India (C$283k), China (C$27.5k), Netherlands (C$23.2k), and Spain (C$20.3k).

Growth In July 2024, the increase in Barium Sulphate's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Barium Sulphate's year-by-year imports was explained primarily by a decrease in imports from United States (C$-188k or -17.3%) and China (C$-21.6k or -27%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2021 - July 2024)C$15.7k(224%)
IMPORT GROWTH (August 2023 - August 2024)C$-555k(-30.4%)
MAIN EXPORTER (July 2024)AlbertaC$24.2k
MAIN DESTINATION (July 2024)

This section shows Barium Sulphate'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 Barium Sulphate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$90.8k
IMPORTS (2022)$16.8M
NET TRADE (2022)-$16.7M

In 2022, Canada exported $90.8k in Barium Sulphate. The main destinations of Canada exports on Barium Sulphate were United States ($87.8k), Guatemala ($2.88k), and Canada ($110).

In 2022, Canada imported $16.8M in Barium Sulphate, mainly from United States ($10.9M), Turkey ($3.26M), Morocco ($1.18M), India ($480k), and Netherlands ($379k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Barium Sulphate EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Guatemala$2.88k (1%)
Canada$76 (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Barium Sulphate BY Canada WERE (2021 - 2022):
Spain-$145k (-100%)
United States-$20.9k (-19.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Barium Sulphate were:
India $230M
China $155M
Morocco $123M
In 2022, Canada's main importing competitors in Barium Sulphate were:
United States $257M
Saudi Arabia $73.2M
Kuwait $69.1M

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Trade Value of Barium Sulphate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $132k
TOP IMPORT POTENTIALIndia+ $683k

Barium Sulphate’s highest export potential is United States. With an export gap of $132k.   Barium Sulphate’s highest import potential is India with an import gap of $683k.

See methodology.

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