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2022
Exports $33.3MWorld Rnk 31 / 101
Flag Rnk 578 / 1210
2022
Destination $17.7M Kuwait
2021 - 2022
FASTEST GROWING MARKET $17.7MKuwait
2022
PRODUCT COMPLEXITY IN Special Purpose Ships-1.27Rnk 902 / 1025
2022
Imports $311MWorld Rnk 24 / 174
Flag Rnk 321 / 1213
2022
Origin $250M Israel
2021 - 2022
FASTEST GROWING ORIGIN $250MIsrael
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $33.3M in Special Purpose Ships, making it the 31st largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 578th most exported product in Canada. The main destination of Special Purpose Ships exports from Canada are: Kuwait ($17.7M), United States ($9.22M), Mexico ($2.47M), Malaysia ($1.83M), and Netherlands ($1.14M).

The fastest growing export markets for Special Purpose Ships of Canada between 2021 and 2022 were Kuwait ($17.7M), United States ($5.42M), and Mexico ($2.47M).

Imports In 2022, Canada imported $311M in Special Purpose Ships, becoming the 24th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 321st most imported product in Canada. Canada imports Special Purpose Ships primarily from: Israel ($250M), United States ($58.2M), Estonia ($3.07M), China ($105k), and United Kingdom ($39k).

The fastest growing import markets in Special Purpose Ships for Canada between 2021 and 2022 were Israel ($250M), United States ($40.7M), and Estonia ($3.07M).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Special Purpose Ships exports accounted up to C$609k and imports accounted up to C$2.12M, resulting in a negative trade balance of C$1.51M. Between July 2023 and July 2024 the exports of Canada's   Special Purpose Ships have decreased by C$-489k (-44.6%) from C$1.1M to C$609k, while imports increased by C$992k (88.2%) from C$1.12M to C$2.12M.

Destinations In July 2024, Special Purpose Ships were exported mostly to United States (C$609k), and were imported mostly from United States (C$2.12M) and Canada (C$207).

Growth In July 2024, the decrease in Special Purpose Ships's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Special Purpose Ships's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-489k(-44.6%)
IMPORT GROWTH (July 2023 - July 2024)C$992k(88.2%)
MAIN EXPORTER (July 2024)British ColumbiaC$1.15M
MAIN DESTINATION (July 2024)United StatesC$609k

This section shows Special Purpose Ships'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 Special Purpose Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.3M
IMPORTS (2022)$311M
NET TRADE (2022)-$278M

In 2022, Canada exported $33.3M in Special Purpose Ships. The main destinations of Canada exports on Special Purpose Ships were Kuwait ($17.7M), United States ($9.22M), Mexico ($2.47M), Malaysia ($1.83M), and Netherlands ($1.14M).

In 2022, Canada imported $311M in Special Purpose Ships, mainly from Israel ($250M), United States ($58.2M), Estonia ($3.07M), China ($105k), and United Kingdom ($39k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Kuwait$17.7M (1%)
United States$5.42M (143%)
Mexico$2.47M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Canada WERE (2021 - 2022):
Saudi Arabia-$85.2M (-100%)
Panama-$22M (-100%)
Netherlands-$5.32M (-82.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Special Purpose Ships were:
South Korea $7.36B
China $6.67B
Singapore $2.96B
In 2022, Canada's main importing competitors in Special Purpose Ships were:
Mozambique $4.48B
Singapore $3.3B
India $3.14B

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.9M
TOP IMPORT POTENTIALUnited States+ $7.3M

Special Purpose Ships’s highest export potential is United States. With an export gap of $7.9M.   Special Purpose Ships’s highest import potential is United States with an import gap of $7.3M.

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