Telephones in Canada 2021 Exports | Imports : $250M | $617M, World Rnk 27 / 210 Rnk 230 / 1212 | World Rnk 27 / 225 Rnk 169 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.9M | $58.2M, Sweden | China
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Telephones: 0.69, Rnk 279 / 1029
Exports In 2021, Canada exported $250M in Telephones, making it the 27th largest exporter of Telephones in the world. At the same year, Telephones was the 230th most exported product in Canada. The main destination of Telephones exports from Canada are: United States ($160M), Mexico ($17.1M), Thailand ($8.87M), Hong Kong ($6.97M), and China ($5.57M).
The fastest growing export markets for Telephones of Canada between 2020 and 2021 were Sweden ($2.9M), Vietnam ($2.83M), and France ($2.62M).
Imports In 2021, Canada imported $617M in Telephones, becoming the 27th largest importer of Telephones in the world. At the same year, Telephones was the 169th most imported product in Canada. Canada imports Telephones primarily from: China ($220M), United States ($172M), Vietnam ($77.4M), Mexico ($43.5M), and Malaysia ($19.1M).
The fastest growing import markets in Telephones for Canada between 2020 and 2021 were China ($58.2M), Vietnam ($52.7M), and United States ($34.7M).
Tariffs In 2018, the average tariff for Canada in Telephones was 0.13%. The countries with the highest import tariffs for Telephones were Botswana (Most Favoured Nation duty rate treatment, 0.33%), Algeria (Most Favoured Nation duty rate treatment, 0.33%), Western Sahara (Most Favoured Nation duty rate treatment, 0.33%), Gabon (Most Favoured Nation duty rate treatment, 0.33%), and Equatorial Guinea (Most Favoured Nation duty rate treatment, 0.33%).
December 2022
Overview In December 2022 Canada's Telephones exports accounted up to C$163M and imports accounted up to C$1.79B, resulting in a negative trade balance of C$1.62B. Between December 2021 and December 2022 the exports of Canada's Telephones have increased by C$4.27M (2.7%) from C$158M to C$163M, while imports decreased by C$-178M (-9.04%) from C$1.96B to C$1.79B.
Destinations In December 2022, Telephones were exported mostly to United States (C$105M), United Arab Emirates (C$14.4M), Thailand (C$7.7M), Hong Kong (C$5.97M), and Mexico (C$4.87M), and were imported mostly from China (C$1.22B), Vietnam (C$127M), Mexico (C$114M), United States (C$90.8M), and Taiwan (C$57.5M).
Growth In December 2022, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to United States (C$6.17M or 9.88%), United Arab Emirates (C$1.92M or 240%), and Japan (C$1.61M or 329%). In December 2022, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Vietnam (C$-49.3M or -23.8%), Czechia (C$-8.95M or -49.6%), and Hong Kong (C$-1.66M or -67.3%).
EXPORT GROWTH (December 2021 - December 2022): C$4.27M, (2.7%)
IMPORT GROWTH (December 2021 - December 2022): C$-178M, (-9.04%)
MAIN EXPORTER (December 2022): Ontario, C$93.7M
MAIN DESTINATION (December 2022): United States, C$105M
This section shows Telephones'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 Telephones over time.
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EXPORTS (2021): $250M
IMPORTS (2021): $617M
NET TRADE (2021): -$367M
In 2021, Canada exported $250M in Telephones. The main destinations of Canada exports on Telephones were United States ($160M), Mexico ($17.1M), Thailand ($8.87M), Hong Kong ($6.97M), and China ($5.57M).
In 2021, Canada imported $617M in Telephones, mainly from China ($220M), United States ($172M), Vietnam ($77.4M), Mexico ($43.5M), and Malaysia ($19.1M).
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Telephones were:
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