2022
Exports
$17.5MWorld Rnk 18 / 154
Flag Rnk 692 / 1210
2022
PRODUCT COMPLEXITY IN Binoculars and Telescopes
0.32Rnk 438 / 1025
2022
Imports
$72.4MWorld Rnk 6 / 209
Flag Rnk 635 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $17.5M in Binoculars and Telescopes, making it the 18th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 692nd most exported product in Canada. The main destination of Binoculars and Telescopes exports from Canada are: United States ($4.64M), Chile ($1.7M), United Kingdom ($1.28M), France ($1.14M), and Ukraine ($959k).

The fastest growing export markets for Binoculars and Telescopes of Canada between 2021 and 2022 were Chile ($1.53M), United States ($1.38M), and Ukraine ($953k).

Imports In 2022, Canada imported $72.4M in Binoculars and Telescopes, becoming the 6th largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 635th most imported product in Canada. Canada imports Binoculars and Telescopes primarily from: United States ($37.4M), China ($23.8M), Chinese Taipei ($3.1M), United Kingdom ($1.23M), and Philippines ($1.11M).

The fastest growing import markets in Binoculars and Telescopes for Canada between 2021 and 2022 were China ($2.6M), United States ($2.31M), and United Kingdom ($1.06M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-360k(-25.4%)
IMPORT GROWTH (July 2023 - July 2024)C$-1.32M(-22.1%)
MAIN EXPORTER (July 2024)OntarioC$3.78M
MAIN DESTINATION (July 2024)United KingdomC$356k

This section shows Binoculars and Telescopes'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 Binoculars and Telescopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.5M
IMPORTS (2022)$72.4M
NET TRADE (2022)-$54.8M

In 2022, Canada exported $17.5M in Binoculars and Telescopes. The main destinations of Canada exports on Binoculars and Telescopes were United States ($4.64M), Chile ($1.7M), United Kingdom ($1.28M), France ($1.14M), and Ukraine ($959k).

In 2022, Canada imported $72.4M in Binoculars and Telescopes, mainly from United States ($37.4M), China ($23.8M), Chinese Taipei ($3.1M), United Kingdom ($1.23M), and Philippines ($1.11M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Chile$1.53M (916%)
United States$1.38M (42.4%)
Ukraine$953k (15.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY Canada WERE (2021 - 2022):
Thailand-$873k (-95.1%)
Philippines-$508k (-91.4%)
Chinese Taipei-$480k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Binoculars and Telescopes were:
In 2022, Canada's main importing competitors in Binoculars and Telescopes were:

Explore Visualizations

Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.41M
TOP IMPORT POTENTIALUnited States+ $2.03M

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $4.41M.   Binoculars and Telescopes’s highest import potential is United States with an import gap of $2.03M.

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