Valves in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.2B in Valves, making it the 18th largest exporter of Valves in the world. At the same year, Valves was the 78th most exported product in Canada. The main destination of Valves exports from Canada are: United States ($802M), Canada ($80.4M), China ($36.3M), Mexico ($31.5M), and Germany ($16.6M).

The fastest growing export markets for Valves of Canada between 2021 and 2022 were United States ($160M), Mexico ($23M), and Canada ($19.5M).

Imports In 2022, Canada imported $3.8B in Valves, becoming the 5th largest importer of Valves in the world. At the same year, Valves was the 22nd most imported product in Canada. Canada imports Valves primarily from: United States ($2.33B), China ($656M), Germany ($113M), Mexico ($106M), and Italy ($92.1M).

The fastest growing import markets in Valves for Canada between 2021 and 2022 were United States ($333M), China ($123M), and Mexico ($47.6M).

COMPANIES In 2023, leading companies such as AMERICAN OMNI TRADING (47) and CELEBRITY CRUISES INC. (4) were at the forefront of shipping Valves from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Valves exports accounted up to C$98.1M and imports accounted up to C$414M, resulting in a negative trade balance of C$316M. Between January 2023 and January 2024 the exports of Canada's Valves have decreased by C$-4.63M (-4.51%) from C$103M to C$98.1M, while imports decreased by C$-48M (-10.4%) from C$462M to C$414M.

Destinations In January 2024, Valves were exported mostly to United States (C$78.1M), Spain (C$1.69M), Argentina (C$1.63M), Brazil (C$1.5M), and China (C$1.49M), and were imported mostly from United States (C$204M), China (C$66.5M), Mexico (C$25.4M), Germany (C$17.9M), and Italy (C$16M).

Growth In January 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to China (C$-3.48M or -62.6%), Australia (C$-656k or -49.3%), and Taiwan (C$-557k or -75.4%). In January 2024, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from Hungary (C$-427k or -20%), Denmark (C$-416k or -21.9%), and Belgium (C$-331k or -52.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-4.63M(-4.51%)

IMPORT GROWTH (January 2023 - January 2024)C$-48M(-10.4%)

MAIN EXPORTER (January 2024)OntarioC$46.6M

MAIN DESTINATION (January 2024)United StatesC$78.1M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.2B

IMPORTS (2022)$3.8B

NET TRADE (2022)-$2.6B

In 2022, Canada exported $1.2B in Valves. The main destinations of Canada exports on Valves were United States ($802M), Canada ($80.4M), China ($36.3M), Mexico ($31.5M), and Germany ($16.6M).

In 2022, Canada imported $3.8B in Valves, mainly from United States ($2.33B), China ($656M), Germany ($113M), Mexico ($106M), and Italy ($92.1M).

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