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Pricing

2022
Exports $475kWorld Rnk 48 / 121
Flag Rnk 1089 / 1210
2022
Destination $56.9k United States
2021 - 2022
FASTEST GROWING MARKET $56.9kCanada
2022
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.58Rnk 333 / 1025
2022
Imports $9.69MWorld Rnk 26 / 161
Flag Rnk 966 / 1213
2022
Origin $2.23M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.23MItaly
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $475k in Carded Wool or Animal Hair Fabric, making it the 48th largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 1089th most exported product in Canada. The main destination of Carded Wool or Animal Hair Fabric exports from Canada are: United States ($364k), Canada ($74.8k), Italy ($7.16k), Peru ($6.68k), and Austria ($4.69k).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Canada between 2021 and 2022 were Canada ($56.9k), Peru ($6.68k), and Austria ($4.69k).

Imports In 2022, Canada imported $9.69M in Carded Wool or Animal Hair Fabric, becoming the 26th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 966th most imported product in Canada. Canada imports Carded Wool or Animal Hair Fabric primarily from: Italy ($4.4M), United States ($1.5M), Mexico ($1.01M), China ($688k), and United Kingdom ($561k).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for Canada between 2021 and 2022 were Italy ($2.23M), Australia ($228k), and United Kingdom ($173k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Carded Wool or Animal Hair Fabric exports accounted up to C$15k and imports accounted up to C$900k, resulting in a negative trade balance of C$885k. Between May 2023 and June 2024 the exports of Canada's   Carded Wool or Animal Hair Fabric have increased by C$13.3k (799%) from C$1.67k to C$15k, while imports increased by C$179k (24.8%) from C$721k to C$900k.

Destinations In June 2024, Carded Wool or Animal Hair Fabric were exported mostly to United Kingdom (C$15k), and were imported mostly from Italy (C$476k), China (C$123k), United States (C$112k), Mexico (C$64.2k), and United Kingdom (C$60k).

Growth In June 2024, the increase in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by an increase in exports to United States (C$29.4k or 96.4%). In June 2024, the increase in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by an increase in imports from United States (C$83.1k or 103%), India (C$56k or 98.2k%), and Lithuania (C$3.64k or 520%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)C$13.3k(799%)
IMPORT GROWTH (June 2023 - June 2024)C$179k(24.8%)
MAIN EXPORTER (June 2024)OntarioC$91.3k
MAIN DESTINATION (June 2024)United KingdomC$15k

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$475k
IMPORTS (2022)$9.69M
NET TRADE (2022)-$9.21M

In 2022, Canada exported $475k in Carded Wool or Animal Hair Fabric. The main destinations of Canada exports on Carded Wool or Animal Hair Fabric were United States ($364k), Canada ($74.8k), Italy ($7.16k), Peru ($6.68k), and Austria ($4.69k).

In 2022, Canada imported $9.69M in Carded Wool or Animal Hair Fabric, mainly from Italy ($4.4M), United States ($1.5M), Mexico ($1.01M), China ($688k), and United Kingdom ($561k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Canada$56.9k (318%)
Peru$6.68k (1%)
Austria$4.69k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Canada WERE (2021 - 2022):
United States-$74.5k (-17%)
Hungary-$53.6k (-100%)
China-$27.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Carded Wool or Animal Hair Fabric were:
Italy $440M
China $111M
United Kingdom $92.8M
In 2022, Canada's main importing competitors in Carded Wool or Animal Hair Fabric were:
China $88.5M
Morocco $72.1M
France $61.3M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $198k
TOP IMPORT POTENTIALChina+ $372k

Carded Wool or Animal Hair Fabric’s highest export potential is United States. With an export gap of $198k.   Carded Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $372k.

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