Telephones in Canada 2020 Exports | Imports : $335M | $894M, World Rnk 23 / 208 Rnk 180 / 1208 | World Rnk 21 / 223 Rnk 95 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.17M | $6.39M, Australia | South Korea
2020 ECONOMIC COMPLEXITY of Canada: 0.93, Rnk 29 / 127
2020 PRODUCT COMPLEXITY IN Telephones: 0.5, Rnk 364 / 1029
Exports In 2020, Canada exported $335M in Telephones, making it the 23rd largest exporter of Telephones in the world. At the same year, Telephones was the 180th most exported product in Canada. The main destination of Telephones exports from Canada are: United States ($177M), Mexico ($82.1M), Thailand ($10.1M), United Kingdom ($8.4M), and Hong Kong ($7.56M).
The fastest growing export markets for Telephones of Canada between 2019 and 2020 were Australia ($3.17M), Thailand ($590k), and Sweden ($463k).
Imports In 2020, Canada imported $894M in Telephones, becoming the 21st largest importer of Telephones in the world. At the same year, Telephones was the 95th most imported product in Canada. Canada imports Telephones primarily from: Mexico ($488M), China ($162M), United States ($136M), Vietnam ($24.8M), and Thailand ($13.2M).
The fastest growing import markets in Telephones for Canada between 2019 and 2020 were South Korea ($6.39M), Vietnam ($3.75M), and Germany ($3.4M).
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 treatement, 0.33%), Algeria (Most Favoured Nation duty rate treatement, 0.33%), Western Sahara (Most Favoured Nation duty rate treatement, 0.33%), Gabon (Most Favoured Nation duty rate treatement, 0.33%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.33%).
December 2022
Overview In December 2022 Canada's Telephones exports accounted up to C$124M and imports accounted up to C$675M, resulting in a negative trade balance of C$550M. Between December 2021 and December 2022 the exports of Canada's Telephones have decreased by C$-34.1M (-21.5%) from C$158M to C$124M, while imports decreased by C$-1.29B (-65.6%) from C$1.96B to C$675M.
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$57.5M).
Growth In December 2022, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (C$-10.8M or -99.5%), Philippines (C$-1.85M or -89.7%), and Norway (C$-1.16M or -93.3%). 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$-1.66M or -67.3%).
EXPORT GROWTH (December 2021 - December 2022): C$-34.1M, (-21.5%)
IMPORT GROWTH (December 2021 - December 2022): C$-1.29B, (-65.6%)
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 (2020): $335M
IMPORTS (2020): $894M
NET TRADE (2020): -$559M
In 2020, Canada exported $335M in Telephones. The main destinations of Canada exports on Telephones were United States ($177M), Mexico ($82.1M), Thailand ($10.1M), United Kingdom ($8.4M), and Hong Kong ($7.56M).
In 2020, Canada imported $894M in Telephones, mainly from Mexico ($488M), China ($162M), United States ($136M), Vietnam ($24.8M), and Thailand ($13.2M).
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Canada WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Canada WERE (2019 - 2020):
In 2020, Canada's main exporting competitors in Telephones were:
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