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2022
Exports $1.17MWorld Rnk 37 / 144
Flag Rnk 1020 / 1210
2022
Destination $199k United States
2021 - 2022
FASTEST GROWING MARKET $199kUnited States
2022
PRODUCT COMPLEXITY IN Copper Housewares0.61Rnk 313 / 1025
2022
Imports $34.1MWorld Rnk 7 / 212
Flag Rnk 773 / 1213
2022
Origin $440k China
2021 - 2022
FASTEST GROWING ORIGIN $440kThailand
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.17M in Copper Housewares, making it the 37th largest exporter of Copper Housewares in the world. At the same year, Copper Housewares was the 1020th most exported product in Canada. The main destination of Copper Housewares exports from Canada are: United States ($872k), China ($83.9k), Canada ($40.4k), Nigeria ($40.4k), and Guyana ($25.9k).

The fastest growing export markets for Copper Housewares of Canada between 2021 and 2022 were United States ($199k), China ($73.9k), and Nigeria ($37.8k).

Imports In 2022, Canada imported $34.1M in Copper Housewares, becoming the 7th largest importer of Copper Housewares in the world. At the same year, Copper Housewares was the 773rd most imported product in Canada. Canada imports Copper Housewares primarily from: China ($15.2M), Chinese Taipei ($11.8M), United States ($3.1M), India ($1.52M), and Thailand ($712k).

The fastest growing import markets in Copper Housewares for Canada between 2021 and 2022 were Thailand ($440k), India ($199k), and Germany ($81.5k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Copper Housewares exports accounted up to C$6.81k and imports accounted up to C$912k, resulting in a negative trade balance of C$905k. Between July 2023 and August 2024 the exports of Canada's   Copper Housewares have decreased by C$-23k (-77.1%) from C$29.8k to C$6.81k, while imports decreased by C$-105k (-10.3%) from C$1.02M to C$912k.

Destinations In August 2024, Copper Housewares were exported mostly to United States (C$6.49k) and New Zealand (C$321), and were imported mostly from China (C$360k), India (C$147k), Chinese Taipei (C$104k), United States (C$96.5k), and United Kingdom (C$74.6k).

Growth In August 2024, the decrease in Copper Housewares's year-by-year exports was explained primarily by a decrease in exports to United States (C$-17.7k or -81.8%). In August 2024, the decrease in Copper Housewares's year-by-year imports was explained primarily by a decrease in imports from China (C$-142k or -36%), India (C$-95.2k or -48.1%), and Germany (C$-21.4k or -46.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - August 2024)C$-23k(-77.1%)
IMPORT GROWTH (August 2023 - August 2024)C$-105k(-10.3%)
MAIN EXPORTER (August 2024)QuebecC$20.2k
MAIN DESTINATION (August 2024)United StatesC$6.49k

This section shows Copper Housewares'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 Copper Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.17M
IMPORTS (2022)$34.1M
NET TRADE (2022)-$33M

In 2022, Canada exported $1.17M in Copper Housewares. The main destinations of Canada exports on Copper Housewares were United States ($872k), China ($83.9k), Canada ($40.4k), Nigeria ($40.4k), and Guyana ($25.9k).

In 2022, Canada imported $34.1M in Copper Housewares, mainly from China ($15.2M), Chinese Taipei ($11.8M), United States ($3.1M), India ($1.52M), and Thailand ($712k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Housewares EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$199k (29.6%)
China$73.9k (741%)
Nigeria$37.8k (1.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Housewares BY Canada WERE (2021 - 2022):
Sweden-$60.5k (-100%)
United Arab Emirates-$26.2k (-92.7%)
Canada-$20k (-33.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Copper Housewares were:
China $443M
Germany $129M
India $62.9M
In 2022, Canada's main importing competitors in Copper Housewares were:
United States $133M
Germany $70.8M
United Kingdom $58.4M

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Trade Value of Copper Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $534k
TOP IMPORT POTENTIALIndia+ $685k

Copper Housewares’s highest export potential is United States. With an export gap of $534k.   Copper Housewares’s highest import potential is India with an import gap of $685k.

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