Metalworking Machine Parts in   Canada

Overview In December 2024 Canada's Metalworking Machine Parts exports accounted up to C$54M and imports accounted up to C$65.8M, resulting in a negative trade balance of C$11.8M. Between December 2023 and December 2024 the exports of Canada's   Metalworking Machine Parts have increased by C$8.65M (19.1%) from C$45.4M to C$54M, while imports decreased by C$-6.57M (-9.07%) from C$72.4M to C$65.8M.

Destinations In December 2024, Metalworking Machine Parts were exported mostly to United States (C$48.7M), Brazil (C$1.26M), Germany (C$879k), United Arab Emirates (C$683k), and Mexico (C$355k), and were imported mostly from United States (C$32.2M), Germany (C$6.57M), Italy (C$6.36M), China (C$5.1M), and Japan (C$3.62M).

Growth In December 2024, the increase in Metalworking Machine Parts's year-by-year exports was explained primarily by an increase in exports to United States (C$5.67M or 13.4%), Germany (C$173k or 452%), and Hungary (C$111k or 951%). In December 2024, the decrease in Metalworking Machine Parts's year-by-year imports was explained primarily by a decrease in imports from China (C$-2.88M or -41.5%), Switzerland (C$-324k or -23%), and Thailand (C$-249k or -78.7%).