Harvesting Machinery in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $812M in Harvesting Machinery, making it the 9th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 114th most exported product in Canada. The main destination of Harvesting Machinery exports from Canada are: United States ($555M), Australia ($91.6M), Netherlands ($47.9M), Brazil ($30.6M), and Kazakhstan ($12.2M).

The fastest growing export markets for Harvesting Machinery of Canada between 2021 and 2022 were United States ($142M), Netherlands ($23.1M), and Australia ($22.5M).

Imports In 2022, Canada imported $2.14B in Harvesting Machinery, becoming the 4th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 47th most imported product in Canada. Canada imports Harvesting Machinery primarily from: United States ($1.67B), China ($116M), Germany ($71.7M), Belgium ($65.2M), and Italy ($43.9M).

The fastest growing import markets in Harvesting Machinery for Canada between 2021 and 2022 were United States ($359M), Belgium ($13.1M), and Italy ($12.1M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (20) were at the forefront of shipping Harvesting Machinery from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Harvesting Machinery exports accounted up to C$56.1M and imports accounted up to C$288M, resulting in a negative trade balance of C$232M. Between January 2023 and January 2024 the exports of Canada's Harvesting Machinery have decreased by C$-42.4M (-43.1%) from C$98.5M to C$56.1M, while imports increased by C$26.2M (9.99%) from C$262M to C$288M.

Destinations In January 2024, Harvesting Machinery were exported mostly to United States (C$52.1M), Australia (C$776k), Estonia (C$679k), Netherlands (C$544k), and Brazil (C$508k), and were imported mostly from United States (C$164M), Belgium (C$43.5M), China (C$18.3M), Hungary (C$18.1M), and Germany (C$17.5M).

Growth In January 2024, the decrease in Harvesting Machinery's year-by-year exports was explained primarily by a decrease in exports to Uruguay (C$-2.76M or -96.7%), Chile (C$-187k or -93.3%), and United Kingdom (C$-143k or -63.8%). In January 2024, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from United States (C$97.4M or 148%), Belgium (C$21.6M or 129%), and China (C$3.54M or 22.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-42.4M(-43.1%)

IMPORT GROWTH (January 2023 - January 2024)C$26.2M(9.99%)

MAIN EXPORTER (January 2024)ManitobaC$37M

MAIN DESTINATION (January 2024)United StatesC$52.1M

This section shows Harvesting Machinery'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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$812M

IMPORTS (2022)$2.14B

NET TRADE (2022)-$1.33B

In 2022, Canada exported $812M in Harvesting Machinery. The main destinations of Canada exports on Harvesting Machinery were United States ($555M), Australia ($91.6M), Netherlands ($47.9M), Brazil ($30.6M), and Kazakhstan ($12.2M).

In 2022, Canada imported $2.14B in Harvesting Machinery, mainly from United States ($1.67B), China ($116M), Germany ($71.7M), Belgium ($65.2M), and Italy ($43.9M).

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