2023
Exports
$934MWorld Rnk 4 / 174
Flag Rnk 93 / 1212
2023
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 286 / 1025
2023
Imports
$731MWorld Rnk 4 / 215
Flag Rnk 153 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $934M in Soil Preparation Machinery, making it the 4th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 93rd most exported product in Canada. The main destination of Soil Preparation Machinery exports from Canada are: United States ($762M), Australia ($97.5M), Lithuania ($19.2M), Kazakhstan ($10.8M), and South Africa ($8.54M).

The fastest growing export markets for Soil Preparation Machinery of Canada between 2022 and 2023 were United States ($33.5M), Kazakhstan ($9.42M), and Latvia ($5.53M).

Imports In 2023, Canada imported $731M in Soil Preparation Machinery, becoming the 4th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 153rd most imported product in Canada. Canada imports Soil Preparation Machinery primarily from: United States ($460M), Germany ($66.4M), China ($60.4M), France ($25.1M), and Netherlands ($16.2M).

The fastest growing import markets in Soil Preparation Machinery for Canada between 2022 and 2023 were United States ($30.3M), Germany ($27.5M), and Sweden ($5.92M).

COMPANIES In 2023, leading companies such as John Deere (20) and CNH Industrial (3) were at the forefront of shipping Soil Preparation Machinery from Canada to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-35.7M(-37.3%)
IMPORT GROWTH (November 2023 - November 2024)C$-27.5M(-36.5%)
MAIN EXPORTER (November 2024)SaskatchewanC$54.2M
MAIN DESTINATION (November 2024)United StatesC$46.9M

This section shows Soil Preparation 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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$934M
IMPORTS (2023)$731M
NET TRADE (2023)$204M

In 2023, Canada exported $934M in Soil Preparation Machinery. The main destinations of Canada exports on Soil Preparation Machinery were United States ($762M), Australia ($97.5M), Lithuania ($19.2M), Kazakhstan ($10.8M), and South Africa ($8.54M).

In 2023, Canada imported $731M in Soil Preparation Machinery, mainly from United States ($460M), Germany ($66.4M), China ($60.4M), France ($25.1M), and Netherlands ($16.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$33.5M (4.6%)
Kazakhstan$9.42M (700%)
Latvia$5.53M (1.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Canada WERE (2022 - 2023):
Lithuania-$26.1M (-57.6%)
Australia-$3.86M (-3.81%)
Belgium-$1.6M (-88.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Soil Preparation Machinery were:
Germany $2.41B
China $1.1B
Italy $946M
In 2023, Canada's main importing competitors in Soil Preparation Machinery were:

Explore Visualizations

Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40M
TOP IMPORT POTENTIALGermany+ $12.6M

Soil Preparation Machinery’s highest export potential is United States. With an export gap of $40M.   Soil Preparation Machinery’s highest import potential is Germany with an import gap of $12.6M.

See methodology.

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