2022
Exports
$239MWorld Rnk 19 / 212
Flag Rnk 248 / 1210
2022
PRODUCT COMPLEXITY IN Audio Alarms
0.59Rnk 325 / 1025
2022
Imports
$615MWorld Rnk 8 / 224
Flag Rnk 182 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $239M in Audio Alarms, making it the 19th largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 248th most exported product in Canada. The main destination of Audio Alarms exports from Canada are: United States ($143M), Australia ($6.26M), South Africa ($5.95M), United Arab Emirates ($4.79M), and Hong Kong ($4.64M).

The fastest growing export markets for Audio Alarms of Canada between 2021 and 2022 were United States ($25.6M), Australia ($2.16M), and Mexico ($1.75M).

Imports In 2022, Canada imported $615M in Audio Alarms, becoming the 8th largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 182nd most imported product in Canada. Canada imports Audio Alarms primarily from: United States ($244M), China ($225M), Vietnam ($36.7M), Mexico ($25.6M), and Chinese Taipei ($15.1M).

The fastest growing import markets in Audio Alarms for Canada between 2021 and 2022 were United States ($53.3M), China ($40.4M), and Vietnam ($17.1M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$10M(42.3%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.6M(-2.38%)
MAIN EXPORTER (June 2024)QuebecC$19.3M
MAIN DESTINATION (June 2024)United StatesC$23.2M

This section shows Audio Alarms'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 Audio Alarms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$239M
IMPORTS (2022)$615M
NET TRADE (2022)-$376M

In 2022, Canada exported $239M in Audio Alarms. The main destinations of Canada exports on Audio Alarms were United States ($143M), Australia ($6.26M), South Africa ($5.95M), United Arab Emirates ($4.79M), and Hong Kong ($4.64M).

In 2022, Canada imported $615M in Audio Alarms, mainly from United States ($244M), China ($225M), Vietnam ($36.7M), Mexico ($25.6M), and Chinese Taipei ($15.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$25.6M (21.7%)
Australia$2.16M (52.8%)
Mexico$1.75M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY Canada WERE (2021 - 2022):
United Kingdom-$1M (-21.9%)
Hungary-$828k (-28.6%)
Peru-$805k (-48.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Audio Alarms were:
In 2022, Canada's main importing competitors in Audio Alarms were:

Explore Visualizations

Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $64.8M
TOP IMPORT POTENTIALUnited States+ $43.1M

Audio Alarms’s highest export potential is United States. With an export gap of $64.8M.   Audio Alarms’s highest import potential is United States with an import gap of $43.1M.

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