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2022
Exports $6.8MWorld Rnk 42 / 182
Flag Rnk 827 / 1210
2022
Destination $645k United States
2021 - 2022
FASTEST GROWING MARKET $645kUnited States
2022
PRODUCT COMPLEXITY IN Blankets-0.91Rnk 813 / 1025
2022
Imports $144MWorld Rnk 8 / 220
Flag Rnk 493 / 1213
2022
Origin $2.24M China
2021 - 2022
FASTEST GROWING ORIGIN $2.24MPakistan
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $6.8M in Blankets, making it the 42nd largest exporter of Blankets in the world. At the same year, Blankets was the 827th most exported product in Canada. The main destination of Blankets exports from Canada are: United States ($5.84M), Canada ($75.3k), Democratic Republic of the Congo ($70.9k), Australia ($68.7k), and United Kingdom ($62.2k).

The fastest growing export markets for Blankets of Canada between 2021 and 2022 were United States ($645k), Democratic Republic of the Congo ($70k), and Australia ($67.4k).

Imports In 2018, Canada imported $144M in Blankets, becoming the 8th largest importer of Blankets in the world. At the same year, Blankets was the 493rd most imported product in Canada. Canada imports Blankets primarily from: China ($94.5M), United States ($18.3M), Cambodia ($7.48M), India ($7.19M), and Pakistan ($4.56M).

The fastest growing import markets in Blankets for Canada between 2021 and 2022 were Pakistan ($2.24M), France ($1.05M), and United States ($931k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Blankets exports accounted up to C$65.5k and imports accounted up to C$14.2M, resulting in a negative trade balance of C$14.2M. Between June 2023 and June 2024 the exports of Canada's   Blankets have increased by C$56.6k (636%) from C$8.9k to C$65.5k, while imports increased by C$63.9k (0.45%) from C$14.2M to C$14.2M.

Destinations In June 2024, Blankets were exported mostly to United States (C$53.2k), Australia (C$11.7k), Turks and Caicos Islands (C$459), and France (C$105), and were imported mostly from China (C$11M), India (C$995k), Pakistan (C$620k), United States (C$446k), and Cambodia (C$426k).

Growth In June 2024, the increase in Blankets's year-by-year exports was explained primarily by an increase in exports to United States (C$11.2k or 74%). In June 2024, the increase in Blankets's year-by-year imports was explained primarily by an increase in imports from Turkey (C$368k or 1.19k%), United States (C$148k or 48.9%), and India (C$126k or 19.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$56.6k(636%)
IMPORT GROWTH (June 2023 - June 2024)C$63.9k(0.45%)
MAIN EXPORTER (June 2024)OntarioC$63.3k
MAIN DESTINATION (June 2024)United StatesC$53.2k

This section shows Blankets'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 Blankets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.8M
IMPORTS (2022)$144M
NET TRADE (2022)-$137M

In 2022, Canada exported $6.8M in Blankets. The main destinations of Canada exports on Blankets were United States ($5.84M), Canada ($75.3k), Democratic Republic of the Congo ($70.9k), Australia ($68.7k), and United Kingdom ($62.2k).

In 2022, Canada imported $144M in Blankets, mainly from China ($94.5M), United States ($18.3M), Cambodia ($7.48M), India ($7.19M), and Pakistan ($4.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blankets EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$645k (12.4%)
Democratic Republic of the Congo$70k (8.25k%)
Australia$67.4k (5.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blankets BY Canada WERE (2021 - 2022):
France-$62.9k (-51.6%)
Mozambique-$55k (-95%)
Italy-$38.9k (-75.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Blankets were:
China $4.39B
India $217M
Germany $91.3M
In 2022, Canada's main importing competitors in Blankets were:
United States $1.95B
Japan $251M
Germany $248M

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Trade Value of Blankets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.89M
TOP IMPORT POTENTIALIndia+ $2.9M

Blankets’s highest export potential is United States. With an export gap of $4.89M.   Blankets’s highest import potential is India with an import gap of $2.9M.

See methodology.

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