2022
Exports
$79.6MWorld Rnk 9 / 138
Flag Rnk 421 / 1210
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$97.2MWorld Rnk 4 / 210
Flag Rnk 572 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $79.6M in Traffic Signals, making it the 9th largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 421st most exported product in Canada. The main destination of Traffic Signals exports from Canada are: United States ($68.4M), Hong Kong ($2.87M), South Korea ($1.22M), Chile ($740k), and United Kingdom ($708k).

The fastest growing export markets for Traffic Signals of Canada between 2021 and 2022 were United States ($17M), Hong Kong ($2.04M), and Netherlands ($548k).

Imports In 2022, Canada imported $97.2M in Traffic Signals, becoming the 4th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 572nd most imported product in Canada. Canada imports Traffic Signals primarily from: United States ($63.5M), Mexico ($7.99M), China ($5.95M), Chinese Taipei ($3.05M), and Portugal ($2.73M).

The fastest growing import markets in Traffic Signals for Canada between 2021 and 2022 were Portugal ($2.72M), Chinese Taipei ($1.43M), and United Kingdom ($1.38M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (2) were at the forefront of shipping Traffic Signals from Canada to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$2.76M(32%)
IMPORT GROWTH (June 2023 - June 2024)C$1.81M(12.6%)
MAIN EXPORTER (June 2024)QuebecC$4.39M
MAIN DESTINATION (June 2024)United StatesC$10M

This section shows Traffic Signals'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 Traffic Signals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$79.6M
IMPORTS (2022)$97.2M
NET TRADE (2022)-$17.6M

In 2022, Canada exported $79.6M in Traffic Signals. The main destinations of Canada exports on Traffic Signals were United States ($68.4M), Hong Kong ($2.87M), South Korea ($1.22M), Chile ($740k), and United Kingdom ($708k).

In 2022, Canada imported $97.2M in Traffic Signals, mainly from United States ($63.5M), Mexico ($7.99M), China ($5.95M), Chinese Taipei ($3.05M), and Portugal ($2.73M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$17M (33%)
Hong Kong$2.04M (245%)
Netherlands$548k (412%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Canada WERE (2021 - 2022):
Guinea-$407k (-85.6%)
Turkey-$348k (-100%)
United Kingdom-$313k (-30.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Traffic Signals were:
In 2022, Canada's main importing competitors in Traffic Signals were:

Explore Visualizations

Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.08M
TOP IMPORT POTENTIALChina+ $3.13M

Traffic Signals’s highest export potential is United States. With an export gap of $6.08M.   Traffic Signals’s highest import potential is China with an import gap of $3.13M.

See methodology.

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