Ethylene Polymers in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $4.94B in Ethylene Polymers, making it the 5th largest exporter of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 16th most exported product in Canada. The main destination of Ethylene Polymers exports from Canada are: United States ($4.29B), China ($196M), Mexico ($71.8M), Canada ($52.5M), and Brazil ($39.3M).

The fastest growing export markets for Ethylene Polymers of Canada between 2021 and 2022 were Canada ($41.1M), China ($40.8M), and Colombia ($19.3M).

Imports In 2022, Canada imported $2B in Ethylene Polymers, becoming the 15th largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 55th most imported product in Canada. Canada imports Ethylene Polymers primarily from: United States ($1.89B), Canada ($52.5M), South Korea ($11.8M), Belgium ($8.09M), and China ($5.39M).

The fastest growing import markets in Ethylene Polymers for Canada between 2021 and 2022 were United States ($44.2M), Canada ($41.1M), and Norway ($1.67M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (572) were at the forefront of shipping Ethylene Polymers from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Ethylene Polymers exports accounted up to C$459M and imports accounted up to C$154M, resulting in a positive trade balance of C$305M. Between January 2023 and January 2024 the exports of Canada's Ethylene Polymers have decreased by C$-6.62M (-1.42%) from C$466M to C$459M, while imports decreased by C$-5.4M (-3.38%) from C$160M to C$154M.

Destinations In January 2024, Ethylene Polymers were exported mostly to United States (C$397M), China (C$24.1M), Mexico (C$7.04M), Singapore (C$7.02M), and Malaysia (C$6.71M), and were imported mostly from United States (C$147M), Canada (C$2.72M), Thailand (C$724k), Mexico (C$630k), and China (C$588k).

Growth In January 2024, the decrease in Ethylene Polymers's year-by-year exports was explained primarily by a decrease in exports to United States (C$-167M or -29.1%), Mexico (C$-11.7M or -74.5%), and Spain (C$-1.81M or -58%). In January 2024, the decrease in Ethylene Polymers's year-by-year imports was explained primarily by a decrease in imports from United States (C$-50.9M or -25.5%), France (C$-1.22M or -76.4%), and Canada (C$-783k or -23.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-6.62M(-1.42%)

IMPORT GROWTH (January 2023 - January 2024)C$-5.4M(-3.38%)

MAIN EXPORTER (January 2024)AlbertaC$333M

MAIN DESTINATION (January 2024)United StatesC$397M

This section shows Ethylene Polymers'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 Ethylene Polymers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.94B

IMPORTS (2022)$2B

NET TRADE (2022)$2.94B

In 2022, Canada exported $4.94B in Ethylene Polymers. The main destinations of Canada exports on Ethylene Polymers were United States ($4.29B), China ($196M), Mexico ($71.8M), Canada ($52.5M), and Brazil ($39.3M).

In 2022, Canada imported $2B in Ethylene Polymers, mainly from United States ($1.89B), Canada ($52.5M), South Korea ($11.8M), Belgium ($8.09M), and China ($5.39M).

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