2022
Exports | Imports
$1.38B | $3.81BWorld Rnk 20 / 224
Flag Rnk 67 / 1210
World Rnk 10 / 225
Flag Rnk 21 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.85Rnk 31 / 124
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.81Rnk 242 / 1025

About

Exports In 2022, Canada exported $1.38B in Medical Instruments, making it the 20th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 67th most exported product in Canada. The main destination of Medical Instruments exports from Canada are: United States ($1.08B), Germany ($46M), Japan ($34.3M), Canada ($30.3M), and China ($17.7M).

The fastest growing export markets for Medical Instruments of Canada between 2021 and 2022 were United States ($194M), Costa Rica ($10.1M), and Germany ($9.01M).

Imports In 2022, Canada imported $3.81B in Medical Instruments, becoming the 10th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 21st most imported product in Canada. Canada imports Medical Instruments primarily from: United States ($2.25B), Mexico ($403M), Germany ($212M), China ($175M), and Japan ($107M).

The fastest growing import markets in Medical Instruments for Canada between 2021 and 2022 were Mexico ($164M), United States ($125M), and China ($55.7M).

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

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)C$-447k(-0.39%)
IMPORT GROWTH (December 2022 - December 2023)C$23.2M(4.89%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)United StatesC$87.6M

This section shows Medical Instruments'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 Medical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.38B
IMPORTS (2022)$3.81B
NET TRADE (2022)-$2.43B

In 2022, Canada exported $1.38B in Medical Instruments. The main destinations of Canada exports on Medical Instruments were United States ($1.08B), Germany ($46M), Japan ($34.3M), Canada ($30.3M), and China ($17.7M).

In 2022, Canada imported $3.81B in Medical Instruments, mainly from United States ($2.25B), Mexico ($403M), Germany ($212M), China ($175M), and Japan ($107M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$194M (22%)
Costa Rica$10.1M (184%)
Germany$9.01M (24.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Canada WERE (2021 - 2022):
Netherlands-$96M (-85.5%)
China-$43.4M (-71.1%)
Japan-$17.9M (-34.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Medical Instruments by Exporters

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