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2022
Exports $9.91MWorld Rnk 14 / 102
Flag Rnk 779 / 1210
2022
Destination $2.6M Japan
2021 - 2022
FASTEST GROWING MARKET $2.6MJapan
2022
Imports $1.28MWorld Rnk 28 / 135
Flag Rnk 1132 / 1213
2022
Origin $99k Poland
2021 - 2022
FASTEST GROWING ORIGIN $99kPoland
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $9.91M in Processed Bones, making it the 14th largest exporter of Processed Bones in the world. At the same year, Processed Bones was the 779th most exported product in Canada. The main destination of Processed Bones exports from Canada are: Japan ($5.13M), United States ($2.89M), Thailand ($1.6M), Indonesia ($112k), and Ireland ($75.1k).

The fastest growing export markets for Processed Bones of Canada between 2021 and 2022 were Japan ($2.6M), Thailand ($220k), and Indonesia ($112k).

Imports In 2022, Canada imported $1.28M in Processed Bones, becoming the 28th largest importer of Processed Bones in the world. At the same year, Processed Bones was the 1132nd most imported product in Canada. Canada imports Processed Bones primarily from: Poland ($776k), Colombia ($175k), Brazil ($92k), Ireland ($79k), and United States ($70.7k).

The fastest growing import markets in Processed Bones for Canada between 2021 and 2022 were Poland ($99k), Brazil ($38.1k), and Netherlands ($37.7k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Processed Bones exports accounted up to C$633k and imports accounted up to C$6.77k, resulting in a positive trade balance of C$626k. Between August 2023 and August 2024 the exports of Canada's   Processed Bones have increased by C$187k (42%) from C$445k to C$633k, while imports increased by C$4.41k (187%) from C$2.36k to C$6.77k.

Destinations In August 2024, Processed Bones were exported mostly to United States (C$424k), Thailand (C$200k), and China (C$8.84k), and were imported mostly from United States (C$6.19k), India (C$563), and Brazil (C$9).

Growth In August 2024, the increase in Processed Bones's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Processed Bones's year-by-year imports was explained primarily by an increase in imports from United States (C$467 or 410%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$187k(42%)
IMPORT GROWTH (August 2023 - August 2024)C$4.41k(187%)
MAIN EXPORTER (August 2024)AlbertaC$634k
MAIN DESTINATION (August 2024)United StatesC$424k

This section shows Processed Bones'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 Processed Bones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.91M
IMPORTS (2022)$1.28M
NET TRADE (2022)$8.62M

In 2022, Canada exported $9.91M in Processed Bones. The main destinations of Canada exports on Processed Bones were Japan ($5.13M), United States ($2.89M), Thailand ($1.6M), Indonesia ($112k), and Ireland ($75.1k).

In 2022, Canada imported $1.28M in Processed Bones, mainly from Poland ($776k), Colombia ($175k), Brazil ($92k), Ireland ($79k), and United States ($70.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Bones EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Japan$2.6M (103%)
Thailand$220k (16%)
Indonesia$112k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Bones BY Canada WERE (2021 - 2022):
United States-$796k (-21.6%)
Philippines-$78.6k (-100%)
Chinese Taipei-$69.8k (-69.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Processed Bones were:
Germany $56.7M
United States $36.2M
Poland $28.9M
In 2022, Canada's main importing competitors in Processed Bones were:
Japan $47.9M
France $43.7M
Germany $31.6M

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Trade Value of Processed Bones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.23M
TOP IMPORT POTENTIALUnited States+ $125k

Processed Bones’s highest export potential is United States. With an export gap of $1.23M.   Processed Bones’s highest import potential is United States with an import gap of $125k.

See methodology.

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