Iron Structures in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.73B in Iron Structures, making it the 12th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 53rd most exported product in Canada. The main destination of Iron Structures exports from Canada are: United States ($1.67B), Canada ($10M), France ($9.57M), United Kingdom ($4.06M), and Australia ($2.92M).

The fastest growing export markets for Iron Structures of Canada between 2021 and 2022 were United States ($242M), United Kingdom ($2.25M), and Singapore ($2.09M).

Imports In 2022, Canada imported $1.71B in Iron Structures, becoming the 8th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 69th most imported product in Canada. Canada imports Iron Structures primarily from: United States ($827M), China ($543M), Germany ($50.8M), India ($27.6M), and Netherlands ($25.2M).

The fastest growing import markets in Iron Structures for Canada between 2021 and 2022 were China ($131M), United States ($121M), and United Arab Emirates ($15.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Structures from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Iron Structures exports accounted up to C$150M and imports accounted up to C$229M, resulting in a negative trade balance of C$79.1M. Between January 2023 and January 2024 the exports of Canada's Iron Structures have decreased by C$-28.6M (-16%) from C$179M to C$150M, while imports increased by C$84.9M (58.8%) from C$144M to C$229M.

Destinations In January 2024, Iron Structures were exported mostly to United States (C$148M), Ireland (C$491k), France (C$334k), Bermuda (C$318k), and Germany (C$222k), and were imported mostly from United States (C$64.2M), Germany (C$51.6M), China (C$44.7M), Netherlands (C$40.6M), and United Arab Emirates (C$8.82M).

Growth In January 2024, the decrease in Iron Structures's year-by-year exports was explained primarily by a decrease in exports to Bermuda (C$-623k or -93%), France (C$-99.7k or -20%), and Jamaica (C$-72.2k or -98.5%). In January 2024, the increase in Iron Structures's year-by-year imports was explained primarily by an increase in imports from China (C$16.1M or 53.6%), Germany (C$2.83M or 133%), and Austria (C$2.13M or 169%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-28.6M(-16%)

IMPORT GROWTH (January 2023 - January 2024)C$84.9M(58.8%)

MAIN EXPORTER (January 2024)OntarioC$60.6M

MAIN DESTINATION (January 2024)United StatesC$148M

This section shows Iron Structures'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 Iron Structures over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.73B

IMPORTS (2022)$1.71B

NET TRADE (2022)$19M

In 2022, Canada exported $1.73B in Iron Structures. The main destinations of Canada exports on Iron Structures were United States ($1.67B), Canada ($10M), France ($9.57M), United Kingdom ($4.06M), and Australia ($2.92M).

In 2022, Canada imported $1.71B in Iron Structures, mainly from United States ($827M), China ($543M), Germany ($50.8M), India ($27.6M), and Netherlands ($25.2M).

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