Electrical Transformers in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.24B in Electrical Transformers, making it the 24th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 73rd most exported product in Canada. The main destination of Electrical Transformers exports from Canada are: United States ($1.09B), Canada ($15.8M), Kuwait ($15.3M), United Arab Emirates ($9.83M), and China ($9.36M).

The fastest growing export markets for Electrical Transformers of Canada between 2021 and 2022 were United States ($227M), United Arab Emirates ($6.26M), and Kuwait ($5.73M).

Imports In 2022, Canada imported $2.6B in Electrical Transformers, becoming the 16th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 35th most imported product in Canada. Canada imports Electrical Transformers primarily from: United States ($1.11B), China ($560M), Japan ($148M), Mexico ($124M), and Germany ($73.1M).

The fastest growing import markets in Electrical Transformers for Canada between 2021 and 2022 were United States ($205M), Sweden ($35.5M), and Italy ($25.1M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electrical Transformers from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Electrical Transformers exports accounted up to C$159M and imports accounted up to C$266M, resulting in a negative trade balance of C$107M. Between January 2023 and January 2024 the exports of Canada's Electrical Transformers have increased by C$13.2M (9.07%) from C$146M to C$159M, while imports decreased by C$-38.9M (-12.8%) from C$304M to C$266M.

Destinations In January 2024, Electrical Transformers were exported mostly to United States (C$147M), Australia (C$2.94M), Mexico (C$1.71M), Saudi Arabia (C$1.08M), and United Arab Emirates (C$992k), and were imported mostly from United States (C$77.6M), China (C$56.3M), Japan (C$26.3M), Mexico (C$19.7M), and Vietnam (C$12.5M).

Growth In January 2024, the increase in Electrical Transformers's year-by-year exports was explained primarily by an increase in exports to United States (C$57.9M or 73.2%), Australia (C$1.44M or 950%), and United Arab Emirates (C$848k or 340%). In January 2024, the decrease in Electrical Transformers's year-by-year imports was explained primarily by a decrease in imports from Japan (C$-9.75M or -35.9%), Poland (C$-1.43M or -53%), and Cambodia (C$-261k or -98.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$13.2M(9.07%)

IMPORT GROWTH (January 2023 - January 2024)C$-38.9M(-12.8%)

MAIN EXPORTER (January 2024)OntarioC$115M

MAIN DESTINATION (January 2024)United StatesC$147M

This section shows Electrical Transformers'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 Electrical Transformers over time.

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