Hair Products in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $484M in Hair Products, making it the 15th largest exporter of Hair Products in the world. At the same year, Hair Products was the 173rd most exported product in Canada. The main destination of Hair Products exports from Canada are: United States ($438M), Canada ($21.6M), United Kingdom ($3.54M), Australia ($3.17M), and South Africa ($1.58M).

The fastest growing export markets for Hair Products of Canada between 2021 and 2022 were Canada ($9.69M), United Kingdom ($2.3M), and Australia ($864k).

Imports In 2022, Canada imported $676M in Hair Products, becoming the 5th largest importer of Hair Products in the world. At the same year, Hair Products was the 170th most imported product in Canada. Canada imports Hair Products primarily from: United States ($536M), Canada ($21.6M), Mexico ($20.3M), Italy ($16.2M), and Israel ($13.7M).

The fastest growing import markets in Hair Products for Canada between 2021 and 2022 were United States ($71.5M), Canada ($9.69M), and Mexico ($3.24M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Hair Products exports accounted up to C$50M and imports accounted up to C$90.2M, resulting in a negative trade balance of C$40.2M. Between February 2023 and February 2024 the exports of Canada's Hair Products have increased by C$6.66M (15.4%) from C$43.3M to C$50M, while imports increased by C$14.8M (19.6%) from C$75.4M to C$90.2M.

Destinations In February 2024, Hair Products were exported mostly to United States (C$49M), United Kingdom (C$274k), United Arab Emirates (C$216k), China (C$102k), and Hong Kong (C$88.8k), and were imported mostly from United States (C$63.1M), Mexico (C$5.73M), Canada (C$5.05M), Italy (C$3.55M), and Israel (C$1.88M).

Growth In February 2024, the increase in Hair Products's year-by-year exports was explained primarily by an increase in exports to United States (C$4.46M or 13%), Australia (C$174k or 552%), and United Arab Emirates (C$150k or 1.76k%). In February 2024, the increase in Hair Products's year-by-year imports was explained primarily by an increase in imports from United States (C$12.5M or 28.8%), Italy (C$2.26M or 73.4%), and China (C$1.64M or 283%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$6.66M(15.4%)

IMPORT GROWTH (February 2023 - February 2024)C$14.8M(19.6%)

MAIN EXPORTER (February 2024)QuebecC$29.6M

MAIN DESTINATION (February 2024)United StatesC$49M

This section shows Hair 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 Hair Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$484M

IMPORTS (2022)$676M

NET TRADE (2022)-$192M

In 2022, Canada exported $484M in Hair Products. The main destinations of Canada exports on Hair Products were United States ($438M), Canada ($21.6M), United Kingdom ($3.54M), Australia ($3.17M), and South Africa ($1.58M).

In 2022, Canada imported $676M in Hair Products, mainly from United States ($536M), Canada ($21.6M), Mexico ($20.3M), Italy ($16.2M), and Israel ($13.7M).

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