Overview In November 2022 Canada's Medical Instruments exports accounted up to C$123M and imports accounted up to C$379M, resulting in a negative trade balance of C$256M. Between November 2021 and November 2022 the exports of Canada's Medical Instruments have decreased by C$-18.2M (-12.9%) from C$141M to C$123M, while imports increased by C$32.4M (9.35%) from C$346M to C$379M.
Destinations In November 2022, Medical Instruments were exported mostly to United States (C$98.5M), Costa Rica (C$4.84M), Japan (C$2.43M), Germany (C$2.29M), and Netherlands (C$1.61M), and were imported mostly from United States (C$173M), Mexico (C$38.8M), Germany (C$30M), China (C$18.6M), and Japan (C$18.2M).
Growth In November 2022, the decrease in Medical Instruments's year-by-year exports was explained primarily by a decrease in exports to Netherlands (C$-4.96M or -30.2%), Japan (C$-2.43M or -28.5%), and Australia (C$-692k or -72.9%). In November 2022, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from Israel (C$5.29M or 82.1%), United States (C$4.47M or 3.17%), and Netherlands (C$2.28M or 462%).