2023
Exports
$797MWorld Rnk 11 / 178
Flag Rnk 112 / 1212
2023
PRODUCT COMPLEXITY IN Fork-Lifts
1.51Rnk 42 / 1025
2023
Imports
$1.71BWorld Rnk 2 / 220
Flag Rnk 60 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $797M in Fork-Lifts, making it the 11th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 112th most exported product in Canada. The main destination of Fork-Lifts exports from Canada are: United States ($730M), Saudi Arabia ($19.5M), Brazil ($8.07M), United Kingdom ($6.58M), and United Arab Emirates ($5.43M).

The fastest growing export markets for Fork-Lifts of Canada between 2022 and 2023 were United States ($144M), Saudi Arabia ($19.5M), and United Arab Emirates ($4.9M).

Imports In 2023, Canada imported $1.71B in Fork-Lifts, becoming the 2nd largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 60th most imported product in Canada. Canada imports Fork-Lifts primarily from: United States ($869M), China ($300M), Italy ($116M), United Kingdom ($105M), and South Korea ($66.4M).

The fastest growing import markets in Fork-Lifts for Canada between 2022 and 2023 were China ($85M), United States ($72.3M), and Italy ($28.6M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-33.2M(-45.7%)
IMPORT GROWTH (November 2023 - November 2024)C$-28.1M(-15.2%)
MAIN EXPORTER (November 2024)OntarioC$89.9M
MAIN DESTINATION (November 2024)United StatesC$34.7M

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 (2023)$797M
IMPORTS (2023)$1.71B
NET TRADE (2023)-$913M

In 2023, Canada exported $797M in Fork-Lifts. The main destinations of Canada exports on Fork-Lifts were United States ($730M), Saudi Arabia ($19.5M), Brazil ($8.07M), United Kingdom ($6.58M), and United Arab Emirates ($5.43M).

In 2023, Canada imported $1.71B in Fork-Lifts, mainly from United States ($869M), China ($300M), Italy ($116M), United Kingdom ($105M), and South Korea ($66.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$144M (24.6%)
Saudi Arabia$19.5M (164k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Canada WERE (2022 - 2023):
United Kingdom-$7.56M (-53.5%)
South Korea-$6.65M (-79.8%)
Sweden-$4.53M (-75.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Fork-Lifts were:
In 2023, Canada's main importing competitors in Fork-Lifts were:

Explore Visualizations

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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