Beauty Products in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.64B in Beauty Products, making it the 11th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 57th most exported product in Canada. The main destination of Beauty Products exports from Canada are: United States ($1.05B), United Kingdom ($111M), Belgium ($51.1M), China ($49.8M), and United Arab Emirates ($30M).

The fastest growing export markets for Beauty Products of Canada between 2021 and 2022 were United States ($135M), United Arab Emirates ($25.8M), and United Kingdom ($23.6M).

Imports In 2022, Canada imported $1.74B in Beauty Products, becoming the 8th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 67th most imported product in Canada. Canada imports Beauty Products primarily from: United States ($1.19B), France ($178M), China ($60.8M), South Korea ($60.1M), and Germany ($37.6M).

The fastest growing import markets in Beauty Products for Canada between 2021 and 2022 were United States ($141M), South Korea ($19.5M), and China ($15.2M).

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

Latest Trends

January 2024

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Overview In January 2024 Canada's Beauty Products exports accounted up to C$136M and imports accounted up to C$230M, resulting in a negative trade balance of C$94.4M. Between January 2023 and January 2024 the exports of Canada's Beauty Products have decreased by C$-1.77M (-1.29%) from C$137M to C$136M, while imports increased by C$11.6M (5.32%) from C$218M to C$230M.

Destinations In January 2024, Beauty Products were exported mostly to United States (C$98.6M), United Kingdom (C$6.95M), China (C$5.62M), Mexico (C$4.55M), and Australia (C$2.69M), and were imported mostly from United States (C$128M), France (C$23.4M), South Korea (C$18.4M), Italy (C$16.3M), and China (C$12.4M).

Growth In January 2024, the decrease in Beauty Products's year-by-year exports was explained primarily by a decrease in exports to Japan (C$-8.27M or -94.9%), United Kingdom (C$-4.15M or -36.9%), and Belgium (C$-1.97M or -55.3%). In January 2024, the increase in Beauty Products's year-by-year imports was explained primarily by an increase in imports from United States (C$36.5M or 43.1%), France (C$6.41M or 25.6%), and Italy (C$5.09M or 57%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-1.77M(-1.29%)

IMPORT GROWTH (January 2023 - January 2024)C$11.6M(5.32%)

MAIN EXPORTER (January 2024)OntarioC$98.5M

MAIN DESTINATION (January 2024)United StatesC$98.6M

This section shows Beauty Products'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 Beauty Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.64B

IMPORTS (2022)$1.74B

NET TRADE (2022)-$99.6M

In 2022, Canada exported $1.64B in Beauty Products. The main destinations of Canada exports on Beauty Products were United States ($1.05B), United Kingdom ($111M), Belgium ($51.1M), China ($49.8M), and United Arab Emirates ($30M).

In 2022, Canada imported $1.74B in Beauty Products, mainly from United States ($1.19B), France ($178M), China ($60.8M), South Korea ($60.1M), and Germany ($37.6M).

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