Machines in   Canada

Overview In June 2024 Canada's Machines exports accounted up to C$5.74B and imports accounted up to C$15.1B, resulting in a negative trade balance of C$9.4B. Between June 2023 and June 2024 the exports of Canada's   Machines have increased by C$20.5M (0.36%) from C$5.72B to C$5.74B, while imports decreased by C$-505M (-3.23%) from C$15.7B to C$15.1B.

Destinations In June 2024, Machines were exported mostly to United States (C$4.62B), Australia (C$106M), Mexico (C$87.8M), France (C$83.2M), and Germany (C$80.7M), and were imported mostly from United States (C$6.1B), China (C$2.86B), Mexico (C$1.23B), Germany (C$659M), and Vietnam (C$574M).

Growth In June 2024, the increase in Machines's year-by-year exports was explained primarily by an increase in exports to United States (C$984M or 32.5%), Netherlands (C$22.3M or 62.1%), and France (C$21.8M or 59%). In June 2024, the decrease in Machines's year-by-year imports was explained primarily by a decrease in imports from Malaysia (C$-54.6M or -24.2%), Brazil (C$-9.15M or -19.6%), and Spain (C$-9.02M or -16.4%).