Electric Soldering Equipment in Canada

EXPORTS (2018): $310M, World Rnk 10 / 176
Flag Rnk 198 / 1201

TOP DESTINATION (2018): $260M, United States

FASTEST GROWING MARKET (2017 - 2018): $37M, United States

IMPORTS (2018): $251M, World Rnk 15 / 217
Flag Rnk 290 / 1212

TOP ORIGIN (2018): $109M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $5.09M, United States

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

PRODUCT COMPLEXITY  IN Electric Soldering Equipment (2018): 1.66, Rnk 26 / 1018

Overview: This page contains the latest trade data of Electric Soldering Equipment in Canada.

Exports: In 2018, Canada exported $310M in Electric Soldering Equipment, making it the 10th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 198th most exported product in Canada. The main destination of Electric Soldering Equipment exports from Canada are: United States ($260M), Mexico ($16.8M), France ($5.2M), China ($4.76M), and Brazil ($2.21M).

The fastest growing export markets for Electric Soldering Equipment of Canada between 2017 and 2018 were United States ($37M), France ($5.03M), and China ($2.59M).

Imports: In 2018, Canada imported $251M in Electric Soldering Equipment, becoming the 15th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 290th most imported product in Canada. Canada imports Electric Soldering Equipment primarily from: United States ($109M), Japan ($65.5M), Germany ($27.7M), China ($16.5M), and Mexico ($8.71M).

The fastest growing import markets in Electric Soldering Equipment for Canada between 2017 and 2018 were United States ($5.09M), Germany ($4.93M), and Austria ($3.26M).

Overview: In April 2020 Canada's Electric Soldering Equipment exports accounted up to C$10.6M and imports accounted up to C$40.5M, resulting in a negative trade balance of C$29.9M. Between April 2019 and April 2020 the exports of Canada's   Electric Soldering Equipment have decreased by C$-65.3M (-86%) from C$76M to C$10.6M, while imports decreased by C$-23.3M (-36.5%) from C$63.8M to C$40.5M.

Destinations: In April 2020 Electric Soldering Equipment exported mostly to United States (C$9.73M), China (C$393k), Finland (C$368k), Mexico (C$60.6k), and South Korea (C$19.6k), and imported mostly from United States (C$24M), Japan (C$4.59M), Germany (C$3.74M), Switzerland (C$2.87M), and China (C$1.53M).

Growth: In April 2020, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to United States (C$-60.4M or -86.1%), Singapore (C$-2.85M or -99.6%), and Spain (C$-1.25M or -99.5%). In April 2020, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from United States (C$-11.8M or -32.9%), Japan (C$-7M or -60.4%), and Austria (C$-3.29M or -80.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (April 2019 - April 2020): C$-65.3M, (-86%)

IMPORT GROWTH (April 2019 - April 2020): C$-23.3M, (-36.5%)

MAIN EXPORTER (April 2020): Ontario, C$9.61M

MAIN DESTINATION (April 2020): United States, C$9.73M

This section shows Electric Soldering Equipment'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 Electric Soldering Equipment over time.

Value

EXPORTS (2018): $310M

IMPORTS (2018): $251M

NET TRADE (2018): $58.4M

In 2018, Canada exported $310M in Electric Soldering Equipment. The main destinations of Canada exports on Electric Soldering Equipment were United States ($260M), Mexico ($16.8M), France ($5.2M), China ($4.76M), and Brazil ($2.21M).

In 2018, Canada imported $251M in Electric Soldering Equipment, mainly from United States ($109M), Japan ($65.5M), Germany ($27.7M), China ($16.5M), and Mexico ($8.71M).

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IN 2018, Canada HAD A POSITIVE NET TRADE IN Electric Soldering Equipment WITH:

  • United States, $151M ($260M - $109M)
  • Mexico, $8.1M ($16.8M - $8.71M)
  • France, $3.13M ($5.2M - $2.07M)

IN 2018, Canada HAD A NEGATIVE NET TRADE IN Electric Soldering Equipment WITH:

  • Japan, -$64.7M ($812k - $65.5M)
  • Germany, -$26.6M ($1.05M - $27.7M)
  • China, -$11.8M ($4.76M - $16.5M)
Flow

THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Canada WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Canada WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Canada's main exporting competitors in Electric Soldering Equipment were:

In 2018, Canada's main importing competitors in Electric Soldering Equipment were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Electric Soldering Equipment 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 Electric Soldering Equipment in the imports of Canada were of 0% around the world.

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