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2023
Exports $894MWorld Rnk 14 / 217
Flag Rnk 97 / 1212
2023
Destination $7.66M United States
2022 - 2023
FASTEST GROWING MARKET $7.66MChina
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery1.46Rnk 52 / 1025
2023
Imports $1.54BWorld Rnk 12 / 225
Flag Rnk 72 / 1211
2023
Origin $96.7M United States
2022 - 2023
FASTEST GROWING ORIGIN $96.7MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $894M in Other Electrical Machinery, making it the 14th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 97th most exported product in Canada. The main destination of Other Electrical Machinery exports from Canada are: United States ($594M), Mexico ($52.1M), China ($47.2M), Germany ($22.5M), and United Kingdom ($17.2M).

The fastest growing export markets for Other Electrical Machinery of Canada between 2022 and 2023 were China ($7.66M), Australia ($7.28M), and United Kingdom ($6.29M).

Imports In 2023, Canada imported $1.54B in Other Electrical Machinery, becoming the 12th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 72nd most imported product in Canada. Canada imports Other Electrical Machinery primarily from: United States ($525M), China ($438M), Mexico ($132M), Sweden ($94.1M), and Germany ($57.1M).

The fastest growing import markets in Other Electrical Machinery for Canada between 2022 and 2023 were United States ($96.7M), Sweden ($50.1M), and Mexico ($26.9M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Other Electrical Machinery exports accounted up to C$93.1M and imports accounted up to C$136M, resulting in a negative trade balance of C$43.1M. Between November 2023 and November 2024 the exports of Canada's   Other Electrical Machinery have increased by C$8.48M (10%) from C$84.6M to C$93.1M, while imports decreased by C$-24.9M (-15.5%) from C$161M to C$136M.

Destinations In November 2024, Other Electrical Machinery were exported mostly to United States (C$70.6M), Mexico (C$8.38M), Brazil (C$1.9M), China (C$1.71M), and United Arab Emirates (C$1.45M), and were imported mostly from United States (C$42.2M), China (C$33.5M), Mexico (C$16.6M), Sweden (C$7.97M), and Germany (C$6.26M).

Growth In November 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to United States (C$7.71M or 16.2%), China (C$3.8M or 413%), and India (C$1.81M or 607%). In November 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China (C$-22.4M or -40.8%), Malaysia (C$-12.8M or -87.5%), and Italy (C$-1.59M or -88.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$8.48M(10%)
IMPORT GROWTH (November 2023 - November 2024)C$-24.9M(-15.5%)
MAIN EXPORTER (November 2024)OntarioC$98.8M
MAIN DESTINATION (November 2024)United StatesC$70.6M

This section shows Other Electrical Machinery'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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$894M
IMPORTS (2023)$1.54B
NET TRADE (2023)-$650M

In 2023, Canada exported $894M in Other Electrical Machinery. The main destinations of Canada exports on Other Electrical Machinery were United States ($594M), Mexico ($52.1M), China ($47.2M), Germany ($22.5M), and United Kingdom ($17.2M).

In 2023, Canada imported $1.54B in Other Electrical Machinery, mainly from United States ($525M), China ($438M), Mexico ($132M), Sweden ($94.1M), and Germany ($57.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Canada WERE (2022 - 2023):
China$7.66M (19.4%)
Australia$7.28M (78.2%)
United Kingdom$6.29M (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Canada WERE (2022 - 2023):
Thailand-$15M (-55.5%)
Belgium-$12.3M (-89%)
South Korea-$4.35M (-63.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Other Electrical Machinery were:
China $20.3B
United States $5.26B
Germany $4.99B
In 2023, Canada's main importing competitors in Other Electrical Machinery were:
United States $17.6B
Germany $4.08B
China $3.85B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $277M
TOP IMPORT POTENTIALUnited States+ $89.5M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $277M.   Other Electrical Machinery’s highest import potential is United States with an import gap of $89.5M.

See methodology.

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