HS Icon Fork-Lifts in  Flag Canada

2019
Exports | Imports
: $749M | $1.06B, World Rnk 9 / 164
Flag Rnk 95 / 1208 | World Rnk 5 / 220
Flag Rnk 80 / 1213

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.01M | $33.1M, Brazil |  United States

2019
ECONOMIC COMPLEXITY of Canada
: 0.96, Rnk 31 / 147

2019
PRODUCT COMPLEXITY  IN Fork-Lifts
: 1.57, Rnk 38 / 1029

Exports: In 2019, Canada exported $749M in Fork-Lifts, making it the 9th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 95th most exported product in Canada. The main destination of Fork-Lifts exports from Canada are: United States ($615M), United Kingdom ($69.1M), Australia ($11.3M), Brazil ($11.3M), and South Korea ($7.83M).

The fastest growing export markets for Fork-Lifts of Canada between 2018 and 2019 were Brazil ($4.01M), Singapore ($3.99M), and Netherlands ($2.06M).

Imports: In 2019, Canada imported $1.06B in Fork-Lifts, becoming the 5th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 80th most imported product in Canada. Canada imports Fork-Lifts primarily from: United States ($830M), United Kingdom ($39.8M), China ($36.8M), Italy ($35.7M), and South Korea ($24.6M).

The fastest growing import markets in Fork-Lifts for Canada between 2018 and 2019 were United States ($33.1M), United Kingdom ($23.8M), and Italy ($7.3M).

Latest Trends (May 2021)

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Overview: In May 2021 Canada's Fork-Lifts exports accounted up to C$70.5M and imports accounted up to C$133M, resulting in a negative trade balance of C$62.5M. Between May 2020 and May 2021 the exports of Canada's   Fork-Lifts have increased by C$39.4M (127%) from C$31.1M to C$70.5M, while imports increased by C$69.1M (108%) from C$63.8M to C$133M.

Destinations: In May 2021, Fork-Lifts were exported mostly to United States (C$56.1M), United Kingdom (C$10.1M), Australia (C$1.87M), Sweden (C$856k), and Germany (C$663k), and were imported mostly from United States (C$76M), Germany (C$9.88M), Italy (C$9.77M), United Kingdom (C$8.51M), and China (C$7.48M).

Growth: In May 2021, the increase in Fork-Lifts's year-by-year exports was explained primarily by an increase in exports to United States (C$26M or 86.3%), United Kingdom (C$9.26M or 1.17k%), and Sweden (C$822k or 2.42k%). In May 2021, the increase in Fork-Lifts's year-by-year imports was explained primarily by an increase in imports from United States (C$33.2M or 77.7%), Italy (C$7.42M or 315%), and United Kingdom (C$6.71M or 374%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): C$39.4M, (127%)

IMPORT GROWTH (May 2020 - May 2021): C$69.1M, (108%)

MAIN EXPORTER (May 2021): Ontario, C$69.4M

MAIN DESTINATION (May 2021): United States, C$56.1M

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

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Value

EXPORTS (2019): $749M

IMPORTS (2019): $1.06B

NET TRADE (2019): -$306M

In 2019, Canada exported $749M in Fork-Lifts. The main destinations of Canada exports on Fork-Lifts were United States ($615M), United Kingdom ($69.1M), Australia ($11.3M), Brazil ($11.3M), and South Korea ($7.83M).

In 2019, Canada imported $1.06B in Fork-Lifts, mainly from United States ($830M), United Kingdom ($39.8M), China ($36.8M), Italy ($35.7M), and South Korea ($24.6M).

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IN 2019, Canada HAD A POSITIVE NET TRADE IN Fork-Lifts WITH:

IN 2019, Canada HAD A NEGATIVE NET TRADE IN Fork-Lifts WITH:

Flow

THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Canada WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Canada WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Canada's main exporting competitors in Fork-Lifts were:

In 2018, Canada's main importing competitors in Fork-Lifts were:

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Tariffs by Country

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In 2018, the tariffs for Fork-Lifts in the imports of Canada were of 0% around the world.