Water in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $33.4M in Water, making it the 19th largest exporter of Water in the world. At the same year, Water was the 576th most exported product in Canada. The main destination of Water exports from Canada are: United States ($28.8M), China ($2.45M), Chinese Taipei ($770k), South Korea ($373k), and Saint Martin ($153k).

The fastest growing export markets for Water of Canada between 2021 and 2022 were United States ($9.72M), Saint Martin ($153k), and China ($93k).

Imports In 2022, Canada imported $91.3M in Water, becoming the 12th largest importer of Water in the world. At the same year, Water was the 589th most imported product in Canada. Canada imports Water primarily from: France ($33.2M), United States ($28.4M), Italy ($17.8M), Fiji ($4.29M), and Iceland ($1.18M).

The fastest growing import markets in Water for Canada between 2021 and 2022 were Italy ($1.68M), United States ($1.2M), and France ($1.07M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (26) were at the forefront of shipping Water from Canada to the United States.

Latest Trends

February 2024

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Overview In February 2024 Canada's Water exports accounted up to C$2.5M and imports accounted up to C$7.68M, resulting in a negative trade balance of C$5.17M. Between February 2023 and February 2024 the exports of Canada's Water have increased by C$52.3k (2.14%) from C$2.45M to C$2.5M, while imports decreased by C$-2M (-20.7%) from C$9.68M to C$7.68M.

Destinations In February 2024, Water were exported mostly to United States (C$1.66M), China (C$705k), South Korea (C$67.6k), Chinese Taipei (C$41.3k), and Saint Pierre and Miquelon (C$9.67k), and were imported mostly from United States (C$3.13M), France (C$2.73M), Italy (C$1.37M), Iceland (C$176k), and Finland (C$68.6k).

Growth In February 2024, the increase in Water's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (C$65.1k or 100%) and France (C$1.56k or 24.7%). In February 2024, the decrease in Water's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-24.2k or -85.2%), Romania (C$-12.8k or -51.1%), and Serbia (C$-2.74k or -15.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$52.3k(2.14%)

IMPORT GROWTH (February 2023 - February 2024)C$-2M(-20.7%)

MAIN EXPORTER (February 2024)OntarioC$1.77M

MAIN DESTINATION (February 2024)United StatesC$1.66M

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$33.4M

IMPORTS (2022)$91.3M

NET TRADE (2022)-$57.8M

In 2022, Canada exported $33.4M in Water. The main destinations of Canada exports on Water were United States ($28.8M), China ($2.45M), Chinese Taipei ($770k), South Korea ($373k), and Saint Martin ($153k).

In 2022, Canada imported $91.3M in Water, mainly from France ($33.2M), United States ($28.4M), Italy ($17.8M), Fiji ($4.29M), and Iceland ($1.18M).

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