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2022
Exports $43.5MWorld Rnk 28 / 179
Flag Rnk 516 / 1210
2022
Destination $593k United States
2021 - 2022
FASTEST GROWING MARKET $593kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Dental Products0.11Rnk 518 / 1025
2022
Imports $250MWorld Rnk 4 / 222
Flag Rnk 365 / 1213
2022
Origin $10.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.8MMexico
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $43.5M in Dental Products, making it the 28th largest exporter of Dental Products in the world. At the same year, Dental Products was the 516th most exported product in Canada. The main destination of Dental Products exports from Canada are: United States ($37.9M), United Kingdom ($1.39M), Australia ($688k), Japan ($502k), and Netherlands ($455k).

The fastest growing export markets for Dental Products of Canada between 2021 and 2022 were United Kingdom ($593k), Netherlands ($389k), and Japan ($251k).

Imports In 2022, Canada imported $250M in Dental Products, becoming the 4th largest importer of Dental Products in the world. At the same year, Dental Products was the 365th most imported product in Canada. Canada imports Dental Products primarily from: United States ($206M), Mexico ($30.2M), Ireland ($3.65M), Brazil ($3.12M), and China ($1.97M).

The fastest growing import markets in Dental Products for Canada between 2021 and 2022 were Mexico ($10.8M), United States ($8.97M), and Brazil ($1.2M).

Latest Trends

October 2024

About

Overview In October 2024 Canada's Dental Products exports accounted up to C$7.82M and imports accounted up to C$42M, resulting in a negative trade balance of C$34.1M. Between October 2023 and October 2024 the exports of Canada's   Dental Products have increased by C$1.34M (20.7%) from C$6.48M to C$7.82M, while imports increased by C$6.44M (18.1%) from C$35.5M to C$42M.

Destinations In October 2024, Dental Products were exported mostly to United States (C$7.14M), United Kingdom (C$281k), Australia (C$238k), Japan (C$95.2k), and New Zealand (C$29k), and were imported mostly from United States (C$26.6M), Slovakia (C$6.68M), Mexico (C$3.39M), Slovenia (C$2.17M), and Ireland (C$1.02M).

Growth In October 2024, the increase in Dental Products's year-by-year exports was explained primarily by an increase in exports to United States (C$1.14M or 29.7%), Australia (C$231k or 532%), and Netherlands (C$197k or 14.1k%). In October 2024, the increase in Dental Products's year-by-year imports was explained primarily by an increase in imports from United States (C$3.21M or 19.4%), Mexico (C$2.13M or 83%), and Brazil (C$322k or 1.79M%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)C$1.34M(20.7%)
IMPORT GROWTH (October 2023 - October 2024)C$6.44M(18.1%)
MAIN EXPORTER (October 2024)OntarioC$5.02M
MAIN DESTINATION (October 2024)United StatesC$7.14M

This section shows Dental Products'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 Dental Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.5M
IMPORTS (2022)$250M
NET TRADE (2022)-$206M

In 2022, Canada exported $43.5M in Dental Products. The main destinations of Canada exports on Dental Products were United States ($37.9M), United Kingdom ($1.39M), Australia ($688k), Japan ($502k), and Netherlands ($455k).

In 2022, Canada imported $250M in Dental Products, mainly from United States ($206M), Mexico ($30.2M), Ireland ($3.65M), Brazil ($3.12M), and China ($1.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dental Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United Kingdom$593k (74%)
Netherlands$389k (585%)
Japan$251k (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dental Products BY Canada WERE (2021 - 2022):
Hungary-$4.66M (-100%)
Canada-$414k (-86.9%)
Australia-$253k (-26.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Dental Products were:
Germany $648M
China $569M
United States $551M
In 2022, Canada's main importing competitors in Dental Products were:
United States $411M
Germany $400M
United Kingdom $291M

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Trade Value of Dental Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.5M
TOP IMPORT POTENTIALChina+ $5.61M

Dental Products’s highest export potential is United States. With an export gap of $10.5M.   Dental Products’s highest import potential is China with an import gap of $5.61M.

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