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2022
Exports $611kWorld Rnk 29 / 98
Flag Rnk 1076 / 1210
2022
Destination $7.72k United States
2021 - 2022
FASTEST GROWING MARKET $7.72kFrance
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn-0.16Rnk 600 / 1025
2022
Imports $1.63MWorld Rnk 43 / 145
Flag Rnk 1119 / 1213
2022
Origin $269k Bulgaria
2021 - 2022
FASTEST GROWING ORIGIN $269kTurkey
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $611k in Non-Retail Carded Wool Yarn, making it the 29th largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 1076th most exported product in Canada. The main destination of Non-Retail Carded Wool Yarn exports from Canada are: United States ($594k), France ($7.9k), Canada ($3.16k), Honduras ($2.7k), and Australia ($1.2k).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Canada between 2021 and 2022 were France ($7.72k), Canada ($3.16k), and Honduras ($2.7k).

Imports In 2022, Canada imported $1.63M in Non-Retail Carded Wool Yarn, becoming the 43rd largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 1119th most imported product in Canada. Canada imports Non-Retail Carded Wool Yarn primarily from: Bulgaria ($532k), Turkey ($387k), United Kingdom ($222k), United States ($166k), and Mauritius ($138k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Canada between 2021 and 2022 were Turkey ($269k), Bulgaria ($138k), and United Kingdom ($53.6k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Non-Retail Carded Wool Yarn exports accounted up to C$25.5k and imports accounted up to C$76.3k, resulting in a negative trade balance of C$50.8k. Between June 2023 and June 2024 the exports of Canada's   Non-Retail Carded Wool Yarn have decreased by C$-64.6k (-71.7%) from C$90.1k to C$25.5k, while imports increased by C$47.9k (169%) from C$28.4k to C$76.3k.

Destinations In June 2024, Non-Retail Carded Wool Yarn were exported mostly to United States (C$25.5k), and were imported mostly from China (C$74.2k), Peru (C$2k), Thailand (C$62), and Spain (C$55).

Growth In June 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Non-Retail Carded Wool Yarn's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-64.6k(-71.7%)
IMPORT GROWTH (June 2023 - June 2024)C$47.9k(169%)
MAIN EXPORTER (June 2024)QuebecC$55k
MAIN DESTINATION (June 2024)United StatesC$25.5k

This section shows Non-Retail Carded Wool Yarn'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 Non-Retail Carded Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$611k
IMPORTS (2022)$1.63M
NET TRADE (2022)-$1.01M

In 2022, Canada exported $611k in Non-Retail Carded Wool Yarn. The main destinations of Canada exports on Non-Retail Carded Wool Yarn were United States ($594k), France ($7.9k), Canada ($3.16k), Honduras ($2.7k), and Australia ($1.2k).

In 2022, Canada imported $1.63M in Non-Retail Carded Wool Yarn, mainly from Bulgaria ($532k), Turkey ($387k), United Kingdom ($222k), United States ($166k), and Mauritius ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Canada WERE (2021 - 2022):
France$7.72k (4.31k%)
Canada$3.16k (1%)
Honduras$2.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Canada WERE (2021 - 2022):
United States-$218k (-26.8%)
Ireland-$101k (-100%)
Lebanon-$95.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Non-Retail Carded Wool Yarn were:
Italy $159M
China $104M
Lithuania $75.5M
In 2022, Canada's main importing competitors in Non-Retail Carded Wool Yarn were:
United Kingdom $71.9M
Hong Kong $41.9M
Netherlands $27.1M

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $180k
TOP IMPORT POTENTIALItaly+ $63.3k

Non-Retail Carded Wool Yarn’s highest export potential is United States. With an export gap of $180k.   Non-Retail Carded Wool Yarn’s highest import potential is Italy with an import gap of $63.3k.

See methodology.

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