Hydrometers in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $147M in Hydrometers, making it the 14th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 341st most exported product in Canada. The main destination of Hydrometers exports from Canada are: United States ($51.9M), United Kingdom ($44.6M), Japan ($12M), Germany ($4.88M), and South Korea ($4.42M).

The fastest growing export markets for Hydrometers of Canada between 2021 and 2022 were United Kingdom ($43.8M), Japan ($11.6M), and United States ($9.75M).

Imports In 2022, Canada imported $213M in Hydrometers, becoming the 9th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 391st most imported product in Canada. Canada imports Hydrometers primarily from: United States ($115M), China ($40.1M), Mexico ($7.96M), Chinese Taipei ($6.69M), and United Kingdom ($5.93M).

The fastest growing import markets in Hydrometers for Canada between 2021 and 2022 were United States ($17.3M), Mexico ($5.23M), and Chinese Taipei ($4.08M).

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

Latest Trends

January 2024

About

Overview In January 2024 Canada's Hydrometers exports accounted up to C$13.7M and imports accounted up to C$21.6M, resulting in a negative trade balance of C$7.86M. Between January 2023 and January 2024 the exports of Canada's Hydrometers have increased by C$5.11M (59.4%) from C$8.6M to C$13.7M, while imports increased by C$134k (0.63%) from C$21.4M to C$21.6M.

Destinations In January 2024, Hydrometers were exported mostly to United States (C$7.53M), Japan (C$1.65M), Malaysia (C$828k), France (C$526k), and Germany (C$482k), and were imported mostly from United States (C$8.35M), China (C$4.8M), Mexico (C$1.83M), United Kingdom (C$782k), and France (C$780k).

Growth In January 2024, the increase in Hydrometers's year-by-year exports was explained primarily by an increase in exports to United States (C$1.51M or 39.9%), Japan (C$1.12M or 4.41k%), and India (C$365k or 267%). In January 2024, the increase in Hydrometers's year-by-year imports was explained primarily by an increase in imports from United States (C$2.24M or 34.8%), Vietnam (C$470k or 6.02k%), and Mexico (C$420k or 28.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$5.11M(59.4%)

IMPORT GROWTH (January 2023 - January 2024)C$134k(0.63%)

MAIN EXPORTER (January 2024)OntarioC$5.18M

MAIN DESTINATION (January 2024)United StatesC$7.53M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$147M

IMPORTS (2022)$213M

NET TRADE (2022)-$65.4M

In 2022, Canada exported $147M in Hydrometers. The main destinations of Canada exports on Hydrometers were United States ($51.9M), United Kingdom ($44.6M), Japan ($12M), Germany ($4.88M), and South Korea ($4.42M).

In 2022, Canada imported $213M in Hydrometers, mainly from United States ($115M), China ($40.1M), Mexico ($7.96M), Chinese Taipei ($6.69M), and United Kingdom ($5.93M).

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