Overview: In May 2021 Canada's Rubberworking Machinery exports accounted up to C$57.9M and imports accounted up to C$67M, resulting in a negative trade balance of C$9.07M. Between May 2020 and May 2021 the exports of Canada's Rubberworking Machinery have decreased by C$-23.1M (-28.5%) from C$81M to C$57.9M, while imports decreased by C$-14.4M (-17.7%) from C$81.4M to C$67M.
Destinations: In May 2021, Rubberworking Machinery were exported mostly to United States (C$39.3M), China (C$5.53M), Vietnam (C$3.38M), Luxembourg (C$1.79M), and Mexico (C$1.3M), and were imported mostly from United States (C$23.3M), China (C$14.6M), Germany (C$7.33M), Austria (C$4.37M), and Canada (C$3.88M).
Growth: In May 2021, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to Brazil (C$-5.9M or -87.3%), United States (C$-3.82M or -8.86%), and Luxembourg (C$-2.55M or -58.7%). In May 2021, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from China (C$-6.42M or -30.5%), Germany (C$-6.2M or -45.8%), and Sweden (C$-1.84M or -96.6%).