Cranes in Canada 2021 Exports | Imports : $145M | $366M, World Rnk 19 / 171 Rnk 316 / 1212 | World Rnk 12 / 213 Rnk 264 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14M | $13.3M, United States | Italy
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Cranes: 0.26, Rnk 456 / 1029
Exports In 2021, Canada exported $145M in Cranes, making it the 19th largest exporter of Cranes in the world. At the same year, Cranes was the 316th most exported product in Canada. The main destination of Cranes exports from Canada are: United States ($122M), Finland ($4.62M), New Zealand ($4.45M), China ($3.59M), and Mexico ($1.73M).
The fastest growing export markets for Cranes of Canada between 2020 and 2021 were United States ($14M), Finland ($4.05M), and China ($3.31M).
Imports In 2021, Canada imported $366M in Cranes, becoming the 12th largest importer of Cranes in the world. At the same year, Cranes was the 264th most imported product in Canada. Canada imports Cranes primarily from: United States ($123M), Italy ($65M), China ($50.9M), Austria ($29.9M), and Ireland ($18.2M).
The fastest growing import markets in Cranes for Canada between 2020 and 2021 were Italy ($13.3M), Austria ($6.96M), and France ($3.81M).
December 2022
Overview In December 2022 Canada's Cranes exports accounted up to C$14.2M and imports accounted up to C$39M, resulting in a negative trade balance of C$24.8M. Between December 2021 and December 2022 the exports of Canada's Cranes have increased by C$9.52M (202%) from C$4.72M to C$14.2M, while imports increased by C$10.5M (36.9%) from C$28.5M to C$39M.
Destinations In December 2022, Cranes were exported mostly to United States (C$14.2M), Cuba (C$27.2k), and Kuwait (C$3.87k), and were imported mostly from Japan (C$13.1M), Italy (C$7.57M), United States (C$5.37M), Spain (C$3.73M), and Austria (C$3.41M).
Growth In December 2022, the increase in Cranes's year-by-year exports was explained primarily by an increase in exports to United States (C$2.45M or 44%). In December 2022, the increase in Cranes's year-by-year imports was explained primarily by an increase in imports from United States (C$2.5M or 42%), Japan (C$2.14M or 56.2%), and Poland (C$1.33M or 365%).
EXPORT GROWTH (December 2021 - December 2022): C$9.52M, (202%)
IMPORT GROWTH (December 2021 - December 2022): C$10.5M, (36.9%)
MAIN EXPORTER (December 2022): Ontario, C$11.1M
MAIN DESTINATION (December 2022): United States, C$14.2M
This section shows Cranes'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 Cranes over time.
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EXPORTS (2021): $145M
IMPORTS (2021): $366M
NET TRADE (2021): -$221M
In 2021, Canada exported $145M in Cranes. The main destinations of Canada exports on Cranes were United States ($122M), Finland ($4.62M), New Zealand ($4.45M), China ($3.59M), and Mexico ($1.73M).
In 2021, Canada imported $366M in Cranes, mainly from United States ($123M), Italy ($65M), China ($50.9M), Austria ($29.9M), and Ireland ($18.2M).
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Cranes were:
In 2021, Canada's main importing competitors in Cranes were:
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