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2022
Exports $73.5MWorld Rnk 38 / 180
Flag Rnk 438 / 1210
2022
Destination $2.24M United States
2021 - 2022
FASTEST GROWING MARKET $2.24MUnited States
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric-0.28Rnk 640 / 1025
2022
Imports $173MWorld Rnk 45 / 215
Flag Rnk 445 / 1213
2022
Origin $5.04M China
2021 - 2022
FASTEST GROWING ORIGIN $5.04MSouth Korea
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $73.5M in Light Rubberized Knitted Fabric, making it the 38th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 438th most exported product in Canada. The main destination of Light Rubberized Knitted Fabric exports from Canada are: United States ($67.7M), Mexico ($626k), Vietnam ($608k), Canada ($427k), and Dominican Republic ($300k).

The fastest growing export markets for Light Rubberized Knitted Fabric of Canada between 2021 and 2022 were United States ($2.24M), Bulgaria ($162k), and Dominican Republic ($160k).

Imports In 2022, Canada imported $173M in Light Rubberized Knitted Fabric, becoming the 45th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 445th most imported product in Canada. Canada imports Light Rubberized Knitted Fabric primarily from: China ($51.6M), United States ($35.2M), South Korea ($18.4M), Chinese Taipei ($14.8M), and Italy ($10.2M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Canada between 2021 and 2022 were South Korea ($5.04M), Italy ($2.7M), and Poland ($1.92M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Light Rubberized Knitted Fabric exports accounted up to C$3.36k and imports accounted up to C$355k, resulting in a negative trade balance of C$351k. Between April 2023 and June 2024 the exports of Canada's   Light Rubberized Knitted Fabric have increased by C$3.35k (55.8k%) from C$6 to C$3.36k, while imports increased by C$166k (87.5%) from C$189k to C$355k.

Destinations In June 2024, Light Rubberized Knitted Fabric were exported mostly to Sri Lanka (C$3.36k), and were imported mostly from United States (C$162k), Chinese Taipei (C$126k), Greece (C$32.4k), China (C$21.8k), and Netherlands (C$7.58k).

Growth In June 2024, the increase in Light Rubberized Knitted Fabric's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Light Rubberized Knitted Fabric's year-by-year imports was explained primarily by an increase in imports from China (C$34.3k or 119%) and Denmark (C$620 or 119%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)C$3.35k(55.8k%)
IMPORT GROWTH (June 2023 - June 2024)C$166k(87.5%)
MAIN EXPORTER (June 2024)OntarioC$11.6k
MAIN DESTINATION (June 2024)Sri LankaC$3.36k

This section shows Light Rubberized Knitted 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 Light Rubberized Knitted Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.5M
IMPORTS (2022)$173M
NET TRADE (2022)-$99.9M

In 2022, Canada exported $73.5M in Light Rubberized Knitted Fabric. The main destinations of Canada exports on Light Rubberized Knitted Fabric were United States ($67.7M), Mexico ($626k), Vietnam ($608k), Canada ($427k), and Dominican Republic ($300k).

In 2022, Canada imported $173M in Light Rubberized Knitted Fabric, mainly from China ($51.6M), United States ($35.2M), South Korea ($18.4M), Chinese Taipei ($14.8M), and Italy ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.24M (3.43%)
Bulgaria$162k (223%)
Dominican Republic$160k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Canada WERE (2021 - 2022):
Mexico-$1.17M (-65.2%)
China-$523k (-74.3%)
India-$374k (-71.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Light Rubberized Knitted Fabric were:
China $17.4B
Chinese Taipei $2.4B
South Korea $2.09B
In 2022, Canada's main importing competitors in Light Rubberized Knitted Fabric were:
Vietnam $6.5B
Cambodia $2.52B
Indonesia $1.76B

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $66.7k
TOP IMPORT POTENTIALUnited States+ $435k

Light Rubberized Knitted Fabric’s highest export potential is United States. With an export gap of $66.7k.   Light Rubberized Knitted Fabric’s highest import potential is United States with an import gap of $435k.

See methodology.

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