Key Market Indicators
Canada's fabric imports and exports are set to decline in the next five years. Imports are expected to drop by 0.9% on a yearly basis, from $185 million in 2021 to $176 million by 2026. This is a decrease of 2% since 1994. Colombia had the highest amount of imports in 2021, followed by Indonesia, China and the United States. Exports are projected to dip 1.8% per year, from $74 million in 2021 to $66 million by 2026. This is an increase of 2.4% since 1994. Hungary had the highest amount of exports in 2021, followed by South Korea, Italy and Germany.