Overview In December 2022 Canada's Lifting Machinery exports accounted up to C$155M and imports accounted up to C$101M, resulting in a positive trade balance of C$54M. Between December 2021 and December 2022 the exports of Canada's Lifting Machinery have increased by C$15.1M (10.8%) from C$140M to C$155M, while imports decreased by C$-9.11M (-8.26%) from C$110M to C$101M.
Destinations In December 2022, Lifting Machinery were exported mostly to United States (C$135M), United Kingdom (C$3.75M), China (C$3.07M), Saudi Arabia (C$2.8M), and Australia (C$2.43M), and were imported mostly from United States (C$55M), Japan (C$10.6M), China (C$9.17M), Germany (C$7.78M), and Mexico (C$6.2M).
Growth In December 2022, the increase in Lifting Machinery's year-by-year exports was explained primarily by an increase in exports to United States (C$27.1M or 36.6%), Mexico (C$1.73M or 277%), and Colombia (C$399k or 1.41k%). In December 2022, the decrease in Lifting Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-6.47M or -56.7%), Finland (C$-1.93M or -90.6%), and United Kingdom (C$-1.51M or -52.2%).