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2022
Exports $784MWorld Rnk 11 / 171
Flag Rnk 121 / 1210
2022
Destination $137M United States
2021 - 2022
FASTEST GROWING MARKET $137MUnited States
2022
PRODUCT COMPLEXITY IN Fork-Lifts1.54Rnk 42 / 1025
2022
Imports $1.37BWorld Rnk 4 / 218
Flag Rnk 87 / 1213
2022
Origin $134M United States
2021 - 2022
FASTEST GROWING ORIGIN $134MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $784M in Fork-Lifts, making it the 11th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 121st most exported product in Canada. The main destination of Fork-Lifts exports from Canada are: United States ($619M), United Kingdom ($88M), Australia ($17.6M), Brazil ($11.9M), and South Korea ($11.9M).

The fastest growing export markets for Fork-Lifts of Canada between 2021 and 2022 were United States ($137M), United Kingdom ($24.2M), and South Korea ($9.36M).

Imports In 2022, Canada imported $1.37B in Fork-Lifts, becoming the 4th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 87th most imported product in Canada. Canada imports Fork-Lifts primarily from: United States ($940M), China ($211M), Italy ($41.7M), Ireland ($24.7M), and Netherlands ($20.3M).

The fastest growing import markets in Fork-Lifts for Canada between 2021 and 2022 were China ($134M), United States ($98.3M), and Italy ($24.1M).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Fork-Lifts exports accounted up to C$50.8M and imports accounted up to C$187M, resulting in a negative trade balance of C$136M. Between September 2023 and September 2024 the exports of Canada's   Fork-Lifts have decreased by C$-36.9M (-42.1%) from C$87.7M to C$50.8M, while imports increased by C$18.2M (10.8%) from C$169M to C$187M.

Destinations In September 2024, Fork-Lifts were exported mostly to United States (C$48.2M), France (C$821k), Mexico (C$501k), United Kingdom (C$418k), and South Korea (C$387k), and were imported mostly from United States (C$111M), China (C$20.4M), Germany (C$12.9M), Mexico (C$8.47M), and Italy (C$6.69M).

Growth In September 2024, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (C$-3.45M or -42.9%), United States (C$-2.78M or -4.97%), and Australia (C$-1.49M or -75.9%). In September 2024, the increase in Fork-Lifts's year-by-year imports was explained primarily by an increase in imports from United States (C$24.8M or 45.9%), United Kingdom (C$11.5M or 367%), and China (C$11.2M or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-36.9M(-42.1%)
IMPORT GROWTH (September 2023 - September 2024)C$18.2M(10.8%)
MAIN EXPORTER (September 2024)OntarioC$89.9M
MAIN DESTINATION (September 2024)United StatesC$48.2M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$784M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$590M

In 2022, Canada exported $784M in Fork-Lifts. The main destinations of Canada exports on Fork-Lifts were United States ($619M), United Kingdom ($88M), Australia ($17.6M), Brazil ($11.9M), and South Korea ($11.9M).

In 2022, Canada imported $1.37B in Fork-Lifts, mainly from United States ($940M), China ($211M), Italy ($41.7M), Ireland ($24.7M), and Netherlands ($20.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$137M (28.4%)
United Kingdom$24.2M (38%)
South Korea$9.36M (376%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Canada WERE (2021 - 2022):
Netherlands-$2.25M (-72.9%)
Brazil-$1.85M (-13.4%)
Chinese Taipei-$892k (-71.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Fork-Lifts were:
China $6.29B
Germany $3.95B
United States $2.16B
In 2022, Canada's main importing competitors in Fork-Lifts were:
United States $4.37B
Germany $1.4B
Netherlands $1.4B

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $112M
TOP IMPORT POTENTIALChina+ $31.5M

Fork-Lifts’s highest export potential is United States. With an export gap of $112M.   Fork-Lifts’s highest import potential is China with an import gap of $31.5M.

See methodology.

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