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2022
Exports $165MWorld Rnk 30 / 207
Flag Rnk 321 / 1210
2022
Destination $5.3M United States
2021 - 2022
FASTEST GROWING MARKET $5.3MUnited States
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $1.82BWorld Rnk 12 / 221
Flag Rnk 62 / 1213
2022
Origin $54.6M United States
2021 - 2022
FASTEST GROWING ORIGIN $54.6MDenmark
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $165M in Orthopedic Appliances, making it the 30th largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 321st most exported product in Canada. The main destination of Orthopedic Appliances exports from Canada are: United States ($82.4M), Italy ($14.2M), Vietnam ($13.4M), Poland ($12.1M), and Germany ($7.24M).

The fastest growing export markets for Orthopedic Appliances of Canada between 2021 and 2022 were United States ($5.3M), Vietnam ($4.79M), and Philippines ($1.99M).

Imports In 2022, Canada imported $1.82B in Orthopedic Appliances, becoming the 12th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 62nd most imported product in Canada. Canada imports Orthopedic Appliances primarily from: United States ($796M), Mexico ($244M), Ireland ($127M), China ($110M), and Switzerland ($83.4M).

The fastest growing import markets in Orthopedic Appliances for Canada between 2021 and 2022 were Denmark ($54.6M), Ireland ($37.6M), and Poland ($25.4M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Orthopedic Appliances exports accounted up to C$8.91M and imports accounted up to C$194M, resulting in a negative trade balance of C$185M. Between August 2023 and August 2024 the exports of Canada's   Orthopedic Appliances have decreased by C$-2.81M (-24%) from C$11.7M to C$8.91M, while imports increased by C$4.92M (2.59%) from C$189M to C$194M.

Destinations In August 2024, Orthopedic Appliances were exported mostly to United States (C$4.29M), Italy (C$1.9M), Japan (C$409k), Germany (C$350k), and Brazil (C$324k), and were imported mostly from United States (C$64.8M), Mexico (C$26.4M), China (C$25.9M), Ireland (C$18M), and Denmark (C$10.3M).

Growth In August 2024, the decrease in Orthopedic Appliances's year-by-year exports was explained primarily by a decrease in exports to United States (C$-3.21M or -36.6%), Germany (C$-205k or -20.3%), and Japan (C$-167k or -95.5%). In August 2024, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from Ireland (C$3.7M or 37.9%), Denmark (C$2.75M or 50.1%), and Germany (C$1.23M or 25.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-2.81M(-24%)
IMPORT GROWTH (August 2023 - August 2024)C$4.92M(2.59%)
MAIN EXPORTER (August 2024)QuebecC$3.76M
MAIN DESTINATION (August 2024)United StatesC$4.29M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$165M
IMPORTS (2022)$1.82B
NET TRADE (2022)-$1.66B

In 2022, Canada exported $165M in Orthopedic Appliances. The main destinations of Canada exports on Orthopedic Appliances were United States ($82.4M), Italy ($14.2M), Vietnam ($13.4M), Poland ($12.1M), and Germany ($7.24M).

In 2022, Canada imported $1.82B in Orthopedic Appliances, mainly from United States ($796M), Mexico ($244M), Ireland ($127M), China ($110M), and Switzerland ($83.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$5.3M (6.88%)
Vietnam$4.79M (55.9%)
Philippines$1.99M (2.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Canada WERE (2021 - 2022):
Netherlands-$2.59M (-66.9%)
Japan-$2.22M (-52.3%)
Brazil-$2.12M (-46.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Canada's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $78.2M
TOP IMPORT POTENTIALUnited States+ $234M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $78.2M.   Orthopedic Appliances’s highest import potential is United States with an import gap of $234M.

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