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2022
Exports $1.59MWorld Rnk 58 / 141
Flag Rnk 991 / 1210
2022
Destination $87.8k United States
2021 - 2022
FASTEST GROWING MARKET $87.8kUnited States
2022
PRODUCT COMPLEXITY IN Pile Fabric0.18Rnk 494 / 1025
2022
Imports $21.6MWorld Rnk 57 / 195
Flag Rnk 851 / 1213
2022
Origin $2.06M China
2021 - 2022
FASTEST GROWING ORIGIN $2.06MItaly
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.59M in Pile Fabric, making it the 58th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 991st most exported product in Canada. The main destination of Pile Fabric exports from Canada are: United States ($1.33M), Lebanon ($82.3k), Vietnam ($37k), Canada ($31.8k), and Netherlands ($15.2k).

The fastest growing export markets for Pile Fabric of Canada between 2021 and 2022 were United States ($87.8k), Lebanon ($77.9k), and Vietnam ($37k).

Imports In 2022, Canada imported $21.6M in Pile Fabric, becoming the 57th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 851st most imported product in Canada. Canada imports Pile Fabric primarily from: China ($13.7M), United States ($3.44M), Italy ($2.85M), South Korea ($544k), and Chinese Taipei ($443k).

The fastest growing import markets in Pile Fabric for Canada between 2021 and 2022 were Italy ($2.06M), South Korea ($234k), and Thailand ($49.8k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Pile Fabric exports accounted up to C$91.3k and imports accounted up to C$1.82M, resulting in a negative trade balance of C$1.73M. Between June 2023 and June 2024 the exports of Canada's   Pile Fabric have increased by C$57.3k (169%) from C$34k to C$91.3k, while imports increased by C$150k (8.99%) from C$1.67M to C$1.82M.

Destinations In June 2024, Pile Fabric were exported mostly to United States (C$80.8k) and Vietnam (C$10.5k), and were imported mostly from China (C$1.58M), United States (C$140k), South Korea (C$33.8k), India (C$17.2k), and Mexico (C$14.6k).

Growth In June 2024, the increase in Pile Fabric's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Pile Fabric's year-by-year imports was explained primarily by an increase in imports from China (C$676k or 62.5%), Italy (C$50.9k or 20.2%), and United States (C$25.1k or 11.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$57.3k(169%)
IMPORT GROWTH (June 2023 - June 2024)C$150k(8.99%)
MAIN EXPORTER (June 2024)OntarioC$115k
MAIN DESTINATION (June 2024)United StatesC$80.8k

This section shows Pile 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 Pile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.59M
IMPORTS (2022)$21.6M
NET TRADE (2022)-$20M

In 2022, Canada exported $1.59M in Pile Fabric. The main destinations of Canada exports on Pile Fabric were United States ($1.33M), Lebanon ($82.3k), Vietnam ($37k), Canada ($31.8k), and Netherlands ($15.2k).

In 2022, Canada imported $21.6M in Pile Fabric, mainly from China ($13.7M), United States ($3.44M), Italy ($2.85M), South Korea ($544k), and Chinese Taipei ($443k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$87.8k (7.04%)
Lebanon$77.9k (1.77k%)
Vietnam$37k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Canada WERE (2021 - 2022):
Singapore-$84.5k (-100%)
China-$25.7k (-82.4%)
Philippines-$15.4k (-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 Pile Fabric were:
China $4.28B
South Korea $191M
Malaysia $184M
In 2022, Canada's main importing competitors in Pile Fabric were:
Vietnam $584M
Bangladesh $554M
Indonesia $285M

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $810k
TOP IMPORT POTENTIALChina+ $3.88M

Pile Fabric’s highest export potential is United States. With an export gap of $810k.   Pile Fabric’s highest import potential is China with an import gap of $3.88M.

See methodology.

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