2022
Exports
$282MWorld Rnk 9 / 195
Flag Rnk 229 / 1210
2022
PRODUCT COMPLEXITY IN Iron Stovetops
0.23Rnk 479 / 1025
2022
Imports
$642MWorld Rnk 4 / 221
Flag Rnk 177 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $282M in Iron Stovetops, making it the 9th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 229th most exported product in Canada. The main destination of Iron Stovetops exports from Canada are: United States ($223M), Netherlands ($12.9M), Germany ($11.3M), Australia ($5.13M), and Sweden ($3.94M).

The fastest growing export markets for Iron Stovetops of Canada between 2021 and 2022 were United States ($13.2M), Czechia ($1.69M), and Spain ($998k).

Imports In 2022, Canada imported $642M in Iron Stovetops, becoming the 4th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 177th most imported product in Canada. Canada imports Iron Stovetops primarily from: China ($335M), United States ($234M), South Korea ($11.6M), Mexico ($10.6M), and Thailand ($9.37M).

The fastest growing import markets in Iron Stovetops for Canada between 2021 and 2022 were Germany ($2.35M), Mexico ($1.43M), and France ($988k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Stovetops. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$282M
IMPORTS (2022)$642M
NET TRADE (2022)-$359M

In 2022, Canada exported $282M in Iron Stovetops. The main destinations of Canada exports on Iron Stovetops were United States ($223M), Netherlands ($12.9M), Germany ($11.3M), Australia ($5.13M), and Sweden ($3.94M).

In 2022, Canada imported $642M in Iron Stovetops, mainly from China ($335M), United States ($234M), South Korea ($11.6M), Mexico ($10.6M), and Thailand ($9.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$13.2M (6.3%)
Czechia$1.69M (168%)
Spain$998k (64.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Canada WERE (2021 - 2022):
Netherlands-$5.88M (-31.3%)
Switzerland-$3.49M (-74.5%)
Sweden-$2.49M (-38.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Iron Stovetops were:
China $6.52B
Italy $1.15B
In 2022, Canada's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $86.5M
TOP IMPORT POTENTIALMexico+ $10.5M

Iron Stovetops’s highest export potential is United States. With an export gap of $86.5M.   Iron Stovetops’s highest import potential is Mexico with an import gap of $10.5M.

See methodology.

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