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2022
Exports $24.5MWorld Rnk 32 / 185
Flag Rnk 639 / 1210
2022
Destination $8.15M United States
2021 - 2022
FASTEST GROWING MARKET $8.15MUnited States
2022
PRODUCT COMPLEXITY IN Knit Women's Coats-1.09Rnk 853 / 1025
2022
Imports $154MWorld Rnk 10 / 204
Flag Rnk 477 / 1213
2022
Origin $16M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $16MCambodia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $24.5M in Knit Women's Coats, making it the 32nd largest exporter of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 639th most exported product in Canada. The main destination of Knit Women's Coats exports from Canada are: United States ($21.3M), China ($630k), Japan ($430k), Netherlands ($404k), and United Kingdom ($397k).

The fastest growing export markets for Knit Women's Coats of Canada between 2021 and 2022 were United States ($8.15M), Japan ($352k), and China ($242k).

Imports In 2022, Canada imported $154M in Knit Women's Coats, becoming the 10th largest importer of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 477th most imported product in Canada. Canada imports Knit Women's Coats primarily from: Vietnam ($43.9M), China ($32.6M), Cambodia ($24.1M), United States ($13.2M), and Bangladesh ($7.53M).

The fastest growing import markets in Knit Women's Coats for Canada between 2021 and 2022 were Cambodia ($16M), Vietnam ($14.7M), and China ($5.42M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Knit Women's Coats exports accounted up to C$1.04M and imports accounted up to C$15.4M, resulting in a negative trade balance of C$14.4M. Between June 2023 and June 2024 the exports of Canada's   Knit Women's Coats have increased by C$99k (10.5%) from C$940k to C$1.04M, while imports decreased by C$-7.25M (-32%) from C$22.7M to C$15.4M.

Destinations In June 2024, Knit Women's Coats were exported mostly to China (C$611k), United States (C$287k), Netherlands (C$92.2k), South Korea (C$17.6k), and Australia (C$16k), and were imported mostly from Vietnam (C$4.46M), China (C$4.02M), Cambodia (C$1.6M), Romania (C$1.09M), and Portugal (C$743k).

Growth In June 2024, the increase in Knit Women's Coats's year-by-year exports was explained primarily by an increase in exports to United States (C$76.7k or 109%), Japan (C$37k or 6.75k%), and United Kingdom (C$4.14k or 12.9k%). In June 2024, the decrease in Knit Women's Coats's year-by-year imports was explained primarily by a decrease in imports from Vietnam (C$-1.53M or -23.8%), Philippines (C$-309k or -98.4%), and Romania (C$-152k or -55.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$99k(10.5%)
IMPORT GROWTH (June 2023 - June 2024)C$-7.25M(-32%)
MAIN EXPORTER (June 2024)OntarioC$754k
MAIN DESTINATION (June 2024)ChinaC$611k

This section shows Knit Women's Coats'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 Knit Women's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.5M
IMPORTS (2022)$154M
NET TRADE (2022)-$129M

In 2022, Canada exported $24.5M in Knit Women's Coats. The main destinations of Canada exports on Knit Women's Coats were United States ($21.3M), China ($630k), Japan ($430k), Netherlands ($404k), and United Kingdom ($397k).

In 2022, Canada imported $154M in Knit Women's Coats, mainly from Vietnam ($43.9M), China ($32.6M), Cambodia ($24.1M), United States ($13.2M), and Bangladesh ($7.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Coats EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$8.15M (62.2%)
Japan$352k (445%)
China$242k (62.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Coats BY Canada WERE (2021 - 2022):
Italy-$87.7k (-49.1%)
Kuwait-$86.6k (-63.1%)
Chinese Taipei-$41.3k (-84.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Knit Women's Coats were:
China $1.32B
Germany $640M
Vietnam $522M
In 2022, Canada's main importing competitors in Knit Women's Coats were:
United States $924M
Germany $924M
Spain $289M

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Trade Value of Knit Women's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.73M
TOP IMPORT POTENTIALChina+ $4.75M

Knit Women's Coats’s highest export potential is United States. With an export gap of $9.73M.   Knit Women's Coats’s highest import potential is China with an import gap of $4.75M.

See methodology.

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