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2022
Exports $13.1MWorld Rnk 22 / 136
Flag Rnk 741 / 1210
2022
Destination $2.8M United States
2021 - 2022
FASTEST GROWING MARKET $2.8MUnited States
2022
PRODUCT COMPLEXITY IN Metal Pickling Preparations1.66Rnk 32 / 1025
2022
Imports $32.5MWorld Rnk 19 / 209
Flag Rnk 782 / 1213
2022
Origin $1.05M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.05MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $13.1M in Metal Pickling Preparations, making it the 22nd largest exporter of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 741st most exported product in Canada. The main destination of Metal Pickling Preparations exports from Canada are: United States ($10.1M), China ($570k), Vietnam ($394k), United Kingdom ($318k), and India ($260k).

The fastest growing export markets for Metal Pickling Preparations of Canada between 2021 and 2022 were United States ($2.8M), Chile ($237k), and India ($156k).

Imports In 2022, Canada imported $32.5M in Metal Pickling Preparations, becoming the 19th largest importer of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 782nd most imported product in Canada. Canada imports Metal Pickling Preparations primarily from: United States ($23.5M), Mexico ($3.64M), Australia ($1.07M), France ($1.03M), and Germany ($725k).

The fastest growing import markets in Metal Pickling Preparations for Canada between 2021 and 2022 were United States ($1.05M), Mexico ($968k), and Australia ($567k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Metal Pickling Preparations exports accounted up to C$1.18M and imports accounted up to C$3.77M, resulting in a negative trade balance of C$2.59M. Between August 2023 and August 2024 the exports of Canada's   Metal Pickling Preparations have decreased by C$-445k (-27.4%) from C$1.62M to C$1.18M, while imports increased by C$269k (7.69%) from C$3.5M to C$3.77M.

Destinations In August 2024, Metal Pickling Preparations were exported mostly to United States (C$974k), China (C$85.2k), India (C$53.4k), Vietnam (C$17.3k), and Singapore (C$14.3k), and were imported mostly from United States (C$2.64M), Mexico (C$372k), Germany (C$199k), Belgium (C$198k), and Australia (C$90.4k).

Growth In August 2024, the decrease in Metal Pickling Preparations's year-by-year exports was explained primarily by a decrease in exports to China (C$-31.8k or -66.6%), Australia (C$-8.27k or -63.7%), and France (C$-2.55k or -36%). In August 2024, the increase in Metal Pickling Preparations's year-by-year imports was explained primarily by an increase in imports from United States (C$672k or 39.1%), China (C$18k or 21.3%), and Finland (C$16.8k or 37.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-445k(-27.4%)
IMPORT GROWTH (August 2023 - August 2024)C$269k(7.69%)
MAIN EXPORTER (August 2024)QuebecC$914k
MAIN DESTINATION (August 2024)United StatesC$974k

This section shows Metal Pickling Preparations'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 Metal Pickling Preparations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.1M
IMPORTS (2022)$32.5M
NET TRADE (2022)-$19.4M

In 2022, Canada exported $13.1M in Metal Pickling Preparations. The main destinations of Canada exports on Metal Pickling Preparations were United States ($10.1M), China ($570k), Vietnam ($394k), United Kingdom ($318k), and India ($260k).

In 2022, Canada imported $32.5M in Metal Pickling Preparations, mainly from United States ($23.5M), Mexico ($3.64M), Australia ($1.07M), France ($1.03M), and Germany ($725k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Pickling Preparations EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.8M (38.5%)
Chile$237k (5.48k%)
India$156k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Pickling Preparations BY Canada WERE (2021 - 2022):
Ukraine-$112k (-44.3%)
Japan-$48.1k (-95.3%)
China-$45.7k (-7.42%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Metal Pickling Preparations were:
Japan $371M
United States $259M
Germany $206M
In 2022, Canada's main importing competitors in Metal Pickling Preparations were:
China $258M
Mexico $141M
South Korea $136M

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Trade Value of Metal Pickling Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.63M
TOP IMPORT POTENTIALUnited States+ $2.08M

Metal Pickling Preparations’s highest export potential is United States. With an export gap of $1.63M.   Metal Pickling Preparations’s highest import potential is United States with an import gap of $2.08M.

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