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2022
Exports $26.8MWorld Rnk 14 / 147
Flag Rnk 625 / 1210
2022
Destination $3.16M United States
2021 - 2022
FASTEST GROWING MARKET $3.16MChina
2022
PRODUCT COMPLEXITY IN Microscopes0.99Rnk 175 / 1025
2022
Imports $64.1MWorld Rnk 13 / 208
Flag Rnk 650 / 1213
2022
Origin $7.09M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.09MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $26.8M in Microscopes, making it the 14th largest exporter of Microscopes in the world. At the same year, Microscopes was the 625th most exported product in Canada. The main destination of Microscopes exports from Canada are: United States ($15.4M), China ($3.56M), Germany ($2.02M), Japan ($1.55M), and South Korea ($482k).

The fastest growing export markets for Microscopes of Canada between 2021 and 2022 were China ($3.16M), United States ($3.02M), and Japan ($861k).

Imports In 2022, Canada imported $64.1M in Microscopes, becoming the 13th largest importer of Microscopes in the world. At the same year, Microscopes was the 650th most imported product in Canada. Canada imports Microscopes primarily from: United States ($21.1M), Germany ($18.1M), China ($6.29M), Singapore ($4.29M), and Finland ($3.52M).

The fastest growing import markets in Microscopes for Canada between 2021 and 2022 were United States ($7.09M), Finland ($3.32M), and Netherlands ($2.36M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Microscopes exports accounted up to C$2.54M and imports accounted up to C$8.27M, resulting in a negative trade balance of C$5.73M. Between June 2023 and June 2024 the exports of Canada's   Microscopes have increased by C$711k (39%) from C$1.83M to C$2.54M, while imports decreased by C$-1.35M (-14%) from C$9.62M to C$8.27M.

Destinations In June 2024, Microscopes were exported mostly to United States (C$1.44M), Germany (C$839k), South Korea (C$190k), Singapore (C$21.8k), and Chinese Taipei (C$21.2k), and were imported mostly from Germany (C$4.56M), Japan (C$1.08M), United States (C$1.03M), China (C$934k), and United Kingdom (C$302k).

Growth In June 2024, the increase in Microscopes's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$8.33k or 979%) and Japan (C$6.12k or 17.8%). In June 2024, the decrease in Microscopes's year-by-year imports was explained primarily by a decrease in imports from Israel (C$-210k or -97.7%), Singapore (C$-202k or -45.6%), and United States (C$-52.9k or -2.97%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$711k(39%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.35M(-14%)
MAIN EXPORTER (June 2024)OntarioC$2.04M
MAIN DESTINATION (June 2024)United StatesC$1.44M

This section shows Microscopes'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 Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.8M
IMPORTS (2022)$64.1M
NET TRADE (2022)-$37.3M

In 2022, Canada exported $26.8M in Microscopes. The main destinations of Canada exports on Microscopes were United States ($15.4M), China ($3.56M), Germany ($2.02M), Japan ($1.55M), and South Korea ($482k).

In 2022, Canada imported $64.1M in Microscopes, mainly from United States ($21.1M), Germany ($18.1M), China ($6.29M), Singapore ($4.29M), and Finland ($3.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
China$3.16M (787%)
United States$3.02M (24.4%)
Japan$861k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY Canada WERE (2021 - 2022):
Germany-$647k (-24.2%)
Switzerland-$334k (-72.3%)
Singapore-$321k (-80.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Microscopes were:
Germany $1.15B
China $479M
Japan $414M
In 2022, Canada's main importing competitors in Microscopes were:
United States $631M
China $477M
Germany $362M

Explore Visualizations

Trade Value of Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.73M
TOP IMPORT POTENTIALUnited States+ $4.84M

Microscopes’s highest export potential is United States. With an export gap of $7.73M.   Microscopes’s highest import potential is United States with an import gap of $4.84M.

See methodology.

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