Knit Women's Suits in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $109M in Knit Women's Suits, making it the 37th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 378th most exported product in Canada. The main destination of Knit Women's Suits exports from Canada are: United States ($78.4M), Netherlands ($9.58M), Spain ($6.6M), United Kingdom ($4.02M), and China ($1.92M).

The fastest growing export markets for Knit Women's Suits of Canada between 2021 and 2022 were Spain ($6.21M), Netherlands ($3.38M), and China ($532k).

Imports In 2022, Canada imported $1.13B in Knit Women's Suits, becoming the 10th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 103rd most imported product in Canada. Canada imports Knit Women's Suits primarily from: China ($302M), Cambodia ($235M), Vietnam ($221M), United States ($94.6M), and Bangladesh ($80.1M).

The fastest growing import markets in Knit Women's Suits for Canada between 2021 and 2022 were Vietnam ($64.1M), China ($16.4M), and Bangladesh ($14.1M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Knit Women's Suits exports accounted up to C$4.14M and imports accounted up to C$85.9M, resulting in a negative trade balance of C$81.8M. Between February 2023 and February 2024 the exports of Canada's Knit Women's Suits have decreased by C$-322k (-7.21%) from C$4.46M to C$4.14M, while imports decreased by C$-8.06M (-8.58%) from C$94M to C$85.9M.

Destinations In February 2024, Knit Women's Suits were exported mostly to United States (C$2.86M), Netherlands (C$651k), United Kingdom (C$138k), Kuwait (C$70.5k), and Israel (C$70.2k), and were imported mostly from China (C$25.9M), Vietnam (C$19.8M), Cambodia (C$17M), Bangladesh (C$5.3M), and Indonesia (C$3.48M).

Growth In February 2024, the decrease in Knit Women's Suits's year-by-year exports was explained primarily by a decrease in exports to Netherlands (C$-384k or -34.7%), United Kingdom (C$-56.4k or -8.1%), and Italy (C$-14.2k or -78.1%). In February 2024, the decrease in Knit Women's Suits's year-by-year imports was explained primarily by a decrease in imports from Cambodia (C$-2.35M or -12.1%), Philippines (C$-1.89M or -76.2%), and Sri Lanka (C$-1.65M or -47.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-322k(-7.21%)

IMPORT GROWTH (February 2023 - February 2024)C$-8.06M(-8.58%)

MAIN EXPORTER (February 2024)QuebecC$2.98M

MAIN DESTINATION (February 2024)United StatesC$2.86M

This section shows Knit Women's Suits'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 Knit Women's Suits over time.

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