Rough Wood in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $543M in Rough Wood, making it the 6th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 159th most exported product in Canada. The main destination of Rough Wood exports from Canada are: China ($184M), Japan ($178M), United States ($151M), South Korea ($23.4M), and Chinese Taipei ($1.93M).

The fastest growing export markets for Rough Wood of Canada between 2021 and 2022 were Japan ($27.6M), United States ($24.3M), and Vietnam ($810k).

Imports In 2022, Canada imported $312M in Rough Wood, becoming the 11th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 320th most imported product in Canada. Canada imports Rough Wood primarily from: United States ($309M), Netherlands ($2.14M), Canada ($151k), Germany ($63.6k), and Tanzania ($46.2k).

The fastest growing import markets in Rough Wood for Canada between 2021 and 2022 were United States ($14.4M), Netherlands ($1.6M), and Canada ($145k).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Rough Wood exports accounted up to C$63.1M and imports accounted up to C$44.3M, resulting in a positive trade balance of C$18.8M. Between February 2023 and February 2024 the exports of Canada's Rough Wood have increased by C$9.23M (17.1%) from C$53.8M to C$63.1M, while imports increased by C$3.83M (9.46%) from C$40.4M to C$44.3M.

Destinations In February 2024, Rough Wood were exported mostly to Japan (C$27.8M), China (C$17.7M), United States (C$16.6M), South Korea (C$654k), and Chinese Taipei (C$175k), and were imported mostly from United States (C$44.3M) and Germany (C$260).

Growth In February 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to United States (C$11.3M or 102%), Japan (C$1.06M or 88.8%), and South Korea (C$1.02M or 55.1%). In February 2024, the increase in Rough Wood's year-by-year imports was explained primarily by an increase in imports from Canada (C$247 or 164%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$9.23M(17.1%)

IMPORT GROWTH (February 2023 - February 2024)C$3.83M(9.46%)

MAIN EXPORTER (February 2024)British ColumbiaC$57.1M

MAIN DESTINATION (February 2024)JapanC$27.8M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$543M

IMPORTS (2022)$312M

NET TRADE (2022)$231M

In 2022, Canada exported $543M in Rough Wood. The main destinations of Canada exports on Rough Wood were China ($184M), Japan ($178M), United States ($151M), South Korea ($23.4M), and Chinese Taipei ($1.93M).

In 2022, Canada imported $312M in Rough Wood, mainly from United States ($309M), Netherlands ($2.14M), Canada ($151k), Germany ($63.6k), and Tanzania ($46.2k).

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