Interchangeable Tool Parts in   Canada

Overview In August 2024 Canada's Interchangeable Tool Parts exports accounted up to C$34.7M and imports accounted up to C$87.8M, resulting in a negative trade balance of C$53.2M. Between August 2023 and August 2024 the exports of Canada's   Interchangeable Tool Parts have decreased by C$-285k (-0.82%) from C$35M to C$34.7M, while imports decreased by C$-12.2M (-12.2%) from C$100M to C$87.8M.

Destinations In August 2024, Interchangeable Tool Parts were exported mostly to United States (C$23.8M), Hungary (C$2.39M), Mexico (C$2.04M), Australia (C$917k), and South Africa (C$654k), and were imported mostly from United States (C$37M), China (C$21.1M), Germany (C$4.73M), Sweden (C$3.72M), and South Korea (C$3.21M).

Growth In August 2024, the decrease in Interchangeable Tool Parts's year-by-year exports was explained primarily by a decrease in exports to United States (C$-11.1M or -33.5%), Finland (C$-205k or -43.2%), and United Arab Emirates (C$-159k or -99.4%). In August 2024, the decrease in Interchangeable Tool Parts's year-by-year imports was explained primarily by a decrease in imports from China (C$-3.14M or -12.1%), Japan (C$-1.24M or -25.7%), and France (C$-456k or -40.4%).