2022
Exports
$56.2MWorld Rnk 15 / 130
Flag Rnk 474 / 1210
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$131MWorld Rnk 3 / 214
Flag Rnk 520 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $56.2M in Refractory Cements, making it the 15th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 474th most exported product in Canada. The main destination of Refractory Cements exports from Canada are: United States ($53.3M), Mexico ($622k), India ($476k), Cuba ($466k), and China ($236k).

The fastest growing export markets for Refractory Cements of Canada between 2021 and 2022 were United States ($8.23M), Cuba ($466k), and Mexico ($352k).

Imports In 2022, Canada imported $131M in Refractory Cements, becoming the 3rd largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 520th most imported product in Canada. Canada imports Refractory Cements primarily from: United States ($117M), Mexico ($4.13M), Austria ($3.79M), Germany ($1.81M), and Turkey ($1.46M).

The fastest growing import markets in Refractory Cements for Canada between 2021 and 2022 were United States ($14.3M), Mexico ($1.62M), and Turkey ($422k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-513k(-9.56%)
IMPORT GROWTH (August 2023 - August 2024)C$2.11M(14.8%)
MAIN EXPORTER (August 2024)OntarioC$7.1M
MAIN DESTINATION (August 2024)United StatesC$4.68M

This section shows Refractory Cements'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 Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$56.2M
IMPORTS (2022)$131M
NET TRADE (2022)-$75.3M

In 2022, Canada exported $56.2M in Refractory Cements. The main destinations of Canada exports on Refractory Cements were United States ($53.3M), Mexico ($622k), India ($476k), Cuba ($466k), and China ($236k).

In 2022, Canada imported $131M in Refractory Cements, mainly from United States ($117M), Mexico ($4.13M), Austria ($3.79M), Germany ($1.81M), and Turkey ($1.46M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$8.23M (18.2%)
Cuba$466k (1%)
Mexico$352k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Canada WERE (2021 - 2022):
Saudi Arabia-$267k (-98.4%)
Hong Kong-$29.3k (-77.2%)
South Korea-$28.1k (-66.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Refractory Cements were:
In 2022, Canada's main importing competitors in Refractory Cements were:

Explore Visualizations

Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $756k
TOP IMPORT POTENTIALGermany+ $1.72M

Refractory Cements’s highest export potential is India. With an export gap of $756k.   Refractory Cements’s highest import potential is Germany with an import gap of $1.72M.

See methodology.

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