Metalworking Transfer Machines in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $21.2M in Metalworking Transfer Machines, making it the 24th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 664th most exported product in Canada. The main destination of Metalworking Transfer Machines exports from Canada are: United States ($19.2M), China ($624k), India ($443k), United Kingdom ($262k), and United Arab Emirates ($171k).

The fastest growing export markets for Metalworking Transfer Machines of Canada between 2021 and 2022 were United States ($14M), China ($318k), and United Kingdom ($113k).

Imports In 2022, Canada imported $181M in Metalworking Transfer Machines, becoming the 13th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 430th most imported product in Canada. Canada imports Metalworking Transfer Machines primarily from: United States ($113M), Chinese Taipei ($14.2M), Germany ($14.1M), Japan ($10.3M), and Italy ($9.7M).

The fastest growing import markets in Metalworking Transfer Machines for Canada between 2021 and 2022 were United States ($43M), Chinese Taipei ($4.43M), and South Korea ($1.71M).

Latest Trends

September 2024

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Overview In September 2024 Canada's Metalworking Transfer Machines exports accounted up to C$175k and imports accounted up to C$23.5M, resulting in a negative trade balance of C$23.4M. Between September 2023 and September 2024 the exports of Canada's Metalworking Transfer Machines have decreased by C$-3.56M (-95.3%) from C$3.74M to C$175k, while imports increased by C$11.1M (89.7%) from C$12.4M to C$23.5M.

Destinations In September 2024, Metalworking Transfer Machines were exported mostly to United States (C$112k), India (C$33.9k), and Chile (C$29k), and were imported mostly from United States (C$11.2M), Japan (C$5.35M), South Korea (C$2.58M), Netherlands (C$2.1M), and Chinese Taipei (C$787k).

Growth In September 2024, the decrease in Metalworking Transfer Machines's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Metalworking Transfer Machines's year-by-year imports was explained primarily by an increase in imports from Germany (C$1.13M or 74%), Chinese Taipei (C$856k or 40.8%), and United States (C$675k or 23.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)C$-3.56M(-95.3%)

IMPORT GROWTH (September 2023 - September 2024)C$11.1M(89.7%)

MAIN EXPORTER (September 2024)OntarioC$1.57M

MAIN DESTINATION (September 2024)United StatesC$112k

This section shows Metalworking Transfer Machines's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Metalworking Transfer Machines over time.

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