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2022
Exports $902kWorld Rnk 51 / 130
Flag Rnk 1045 / 1210
2022
Destination $30.7k United States
2021 - 2022
FASTEST GROWING MARKET $30.7kIndia
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $9.44MWorld Rnk 30 / 175
Flag Rnk 975 / 1213
2022
Origin $1.82M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.82MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $902k in Tobacco Processing Machines, making it the 51st largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1045th most exported product in Canada. The main destination of Tobacco Processing Machines exports from Canada are: United States ($794k), India ($30.7k), Jamaica ($14.4k), Netherlands ($13.1k), and Italy ($7.68k).

The fastest growing export markets for Tobacco Processing Machines of Canada between 2021 and 2022 were India ($30.7k), Jamaica ($14.4k), and Italy ($7.68k).

Imports In 2022, Canada imported $9.44M in Tobacco Processing Machines, becoming the 30th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 975th most imported product in Canada. Canada imports Tobacco Processing Machines primarily from: United States ($4.98M), Germany ($1.12M), China ($1.11M), Indonesia ($592k), and Bulgaria ($398k).

The fastest growing import markets in Tobacco Processing Machines for Canada between 2021 and 2022 were United States ($1.82M), China ($903k), and Bulgaria ($387k).

Latest Trends

May 2024

About

Overview In May 2024 Canada's Tobacco Processing Machines exports accounted up to C$1.91k and imports accounted up to C$1.2M, resulting in a negative trade balance of C$1.19M. Between March 2023 and May 2024 the exports of Canada's   Tobacco Processing Machines have decreased by C$-31.5k (-94.3%) from C$33.4k to C$1.91k, while imports increased by C$442k (58.6%) from C$754k to C$1.2M.

Destinations In May 2024, Tobacco Processing Machines were exported mostly to , and were imported mostly from United States (C$846k), India (C$154k), Germany (C$102k), Indonesia (C$40.8k), and Netherlands (C$17.8k).

Growth In May 2024, the decrease in Tobacco Processing Machines's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Tobacco Processing Machines's year-by-year imports was explained primarily by an increase in imports from Hungary (C$409k or 2.96k%), China (C$12.3k or 231%), and Switzerland (C$1.4k or 342%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - May 2024)C$-31.5k(-94.3%)
IMPORT GROWTH (June 2023 - June 2024)C$442k(58.6%)
MAIN EXPORTER (May 2024)OntarioC$29.4k
MAIN DESTINATION (May 2024)

This section shows Tobacco Processing Machines'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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$902k
IMPORTS (2022)$9.44M
NET TRADE (2022)-$8.54M

In 2022, Canada exported $902k in Tobacco Processing Machines. The main destinations of Canada exports on Tobacco Processing Machines were United States ($794k), India ($30.7k), Jamaica ($14.4k), Netherlands ($13.1k), and Italy ($7.68k).

In 2022, Canada imported $9.44M in Tobacco Processing Machines, mainly from United States ($4.98M), Germany ($1.12M), China ($1.11M), Indonesia ($592k), and Bulgaria ($398k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Canada WERE (2021 - 2022):
India$30.7k (1%)
Jamaica$14.4k (1%)
Italy$7.68k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Canada WERE (2021 - 2022):
United States-$6.87M (-89.6%)
Saudi Arabia-$338k (-99.8%)
Belgium-$70.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, Canada's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $488k
TOP IMPORT POTENTIALUnited States+ $484k

Tobacco Processing Machines’s highest export potential is United States. With an export gap of $488k.   Tobacco Processing Machines’s highest import potential is United States with an import gap of $484k.

See methodology.

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