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2023
Exports $50MWorld Rnk 17 / 192
Flag Rnk 487 / 1212
2023
Destination $2.35M United States
2022 - 2023
FASTEST GROWING MARKET $2.35MUnited States
2023
PRODUCT COMPLEXITY IN Railway Cargo Containers-0.57Rnk 727 / 1025
2023
Imports $258MWorld Rnk 6 / 215
Flag Rnk 343 / 1211
2023
Origin $22.7M China
2022 - 2023
FASTEST GROWING ORIGIN $22.7MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $50M in Railway Cargo Containers, making it the 17th largest exporter of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 487th most exported product in Canada. The main destination of Railway Cargo Containers exports from Canada are: United States ($30.6M), United Kingdom ($9.44M), Poland ($1.52M), Germany ($963k), and Belgium ($948k).

The fastest growing export markets for Railway Cargo Containers of Canada between 2022 and 2023 were United States ($2.35M), Poland ($1.52M), and Belgium ($826k).

Imports In 2023, Canada imported $258M in Railway Cargo Containers, becoming the 6th largest importer of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 343rd most imported product in Canada. Canada imports Railway Cargo Containers primarily from: China ($160M), United States ($73.1M), Mexico ($6.3M), United Kingdom ($4.46M), and Chile ($3.08M).

The fastest growing import markets in Railway Cargo Containers for Canada between 2022 and 2023 were United States ($22.7M), Mexico ($6.24M), and United Kingdom ($2.65M).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Railway Cargo Containers exports accounted up to C$5.94M and imports accounted up to C$14.1M, resulting in a negative trade balance of C$8.17M. Between November 2023 and November 2024 the exports of Canada's   Railway Cargo Containers have increased by C$2.82M (90.2%) from C$3.12M to C$5.94M, while imports decreased by C$-7.07M (-33.4%) from C$21.2M to C$14.1M.

Destinations In November 2024, Railway Cargo Containers were exported mostly to Netherlands (C$2.96M), United States (C$2.85M), Malaysia (C$44k), Colombia (C$41.9k), and Thailand (C$14.5k), and were imported mostly from China (C$6.36M), United States (C$5.96M), Canada (C$901k), Czechia (C$193k), and Indonesia (C$172k).

Growth In November 2024, the increase in Railway Cargo Containers's year-by-year exports was explained primarily by an increase in exports to United States (C$1.26M or 86.1%) and Japan (C$74.4k or 102%). In November 2024, the decrease in Railway Cargo Containers's year-by-year imports was explained primarily by a decrease in imports from South Korea (C$-483k or -99.2%), United States (C$-162k or -2.53%), and Poland (C$-82.1k or -16.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$2.82M(90.2%)
IMPORT GROWTH (November 2023 - November 2024)C$-7.07M(-33.4%)
MAIN EXPORTER (November 2024)New BrunswickC$4.82M
MAIN DESTINATION (November 2024)NetherlandsC$2.96M

This section shows Railway Cargo Containers'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 Railway Cargo Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$50M
IMPORTS (2023)$258M
NET TRADE (2023)-$208M

In 2023, Canada exported $50M in Railway Cargo Containers. The main destinations of Canada exports on Railway Cargo Containers were United States ($30.6M), United Kingdom ($9.44M), Poland ($1.52M), Germany ($963k), and Belgium ($948k).

In 2023, Canada imported $258M in Railway Cargo Containers, mainly from China ($160M), United States ($73.1M), Mexico ($6.3M), United Kingdom ($4.46M), and Chile ($3.08M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Cargo Containers EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$2.35M (8.34%)
Poland$1.52M (1%)
Belgium$826k (679%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Cargo Containers BY Canada WERE (2022 - 2023):
United Kingdom-$3.41M (-26.5%)
Ireland-$762k (-100%)
India-$399k (-87%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Railway Cargo Containers were:
China $3.24B
Guyana $1.26B
United States $450M
In 2023, Canada's main importing competitors in Railway Cargo Containers were:
Trinidad and Tobago $1.19B
United States $1.12B
Germany $667M

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Trade Value of Railway Cargo Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.9M
TOP IMPORT POTENTIALUnited States+ $7.31M

Railway Cargo Containers’s highest export potential is United States. With an export gap of $20.9M.   Railway Cargo Containers’s highest import potential is United States with an import gap of $7.31M.

See methodology.

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