Fork-Lifts in Canada

EXPORTS (2018): $856M, World Rnk 9 / 161
Flag Rnk 83 / 1201

TOP DESTINATION (2018): $689M, United States

FASTEST GROWING MARKET (2017 - 2018): $95.4M, United States

IMPORTS (2018): $987M, World Rnk 6 / 216
Flag Rnk 70 / 1212

TOP ORIGIN (2018): $797M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $255M, United States

ECONOMIC COMPLEXITY of Canada (2018): 0.98, Rnk 25 / 137

PRODUCT COMPLEXITY  IN Fork-Lifts (2018): 1.58, Rnk 36 / 1018

Overview: This page contains the latest trade data of Fork-Lifts in Canada.

Exports: In 2018, Canada exported $856M in Fork-Lifts, making it the 9th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 83rd most exported product in Canada. The main destination of Fork-Lifts exports from Canada are: United States ($689M), United Kingdom ($98.2M), Australia ($18M), United Arab Emirates ($8.66M), and Brazil ($7.28M).

The fastest growing export markets for Fork-Lifts of Canada between 2017 and 2018 were United States ($95.4M), United Kingdom ($37.3M), and Australia ($14.6M).

Imports: In 2018, Canada imported $987M in Fork-Lifts, becoming the 6th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 70th most imported product in Canada. Canada imports Fork-Lifts primarily from: United States ($797M), China ($33.8M), South Korea ($29.2M), Italy ($28.3M), and Netherlands ($19.2M).

The fastest growing import markets in Fork-Lifts for Canada between 2017 and 2018 were United States ($255M), South Korea ($16.8M), and China ($3.85M).

Overview: In April 2020 Canada's Fork-Lifts exports accounted up to C$74.4M and imports accounted up to C$113M, resulting in a negative trade balance of C$39M. Between April 2019 and April 2020 the exports of Canada's   Fork-Lifts have decreased by C$-186M (-71.4%) from C$260M to C$74.4M, while imports decreased by C$-86.8M (-43.4%) from C$200M to C$113M.

Destinations: In April 2020 Fork-Lifts exported mostly to United States (C$71.9M), United Kingdom (C$1.04M), Germany (C$364k), Qatar (C$337k), and Sweden (C$262k), and imported mostly from United States (C$79.5M), Germany (C$5.79M), Italy (C$5.5M), Netherlands (C$5.37M), and China (C$4.7M).

Growth: In April 2020, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to United States (C$-173M or -70.6%), United Kingdom (C$-9.12M or -89.8%), and Australia (C$-577k or -83.5%). In April 2020, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from United States (C$-81.3M or -50.6%), United Kingdom (C$-4.23M or -63.9%), and Poland (C$-2.3M or -99.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (April 2019 - April 2020): C$-186M, (-71.4%)

IMPORT GROWTH (April 2019 - April 2020): C$-86.8M, (-43.4%)

MAIN EXPORTER (April 2020): Ontario, C$73.5M

MAIN DESTINATION (April 2020): United States, C$71.9M

This section shows Fork-Lifts'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 Fork-Lifts over time.

Value

EXPORTS (2018): $856M

IMPORTS (2018): $987M

NET TRADE (2018): -$131M

In 2018, Canada exported $856M in Fork-Lifts. The main destinations of Canada exports on Fork-Lifts were United States ($689M), United Kingdom ($98.2M), Australia ($18M), United Arab Emirates ($8.66M), and Brazil ($7.28M).

In 2018, Canada imported $987M in Fork-Lifts, mainly from United States ($797M), China ($33.8M), South Korea ($29.2M), Italy ($28.3M), and Netherlands ($19.2M).

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IN 2018, Canada HAD A POSITIVE NET TRADE IN Fork-Lifts WITH:

  • United Kingdom, $82.3M ($98.2M - $15.9M)
  • Australia, $18M ($18M - $1.9k)
  • United Arab Emirates, $8.65M ($8.66M - $16.7k)

IN 2018, Canada HAD A NEGATIVE NET TRADE IN Fork-Lifts WITH:

  • United States, -$108M ($689M - $797M)
  • China, -$31.2M ($2.62M - $33.8M)
  • Italy, -$28.2M ($5.4k - $28.3M)
Flow

THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Canada WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Canada WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Canada's main exporting competitors in Fork-Lifts were:

In 2018, Canada's main importing competitors in Fork-Lifts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Fork-Lifts in Canada. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Fork-Lifts in the imports of Canada were of 0% around the world.

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