NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $356MWorld Rnk 9 / 197
Flag Rnk 204 / 1212
2023
Destination $38.5M United States
2022 - 2023
FASTEST GROWING MARKET $38.5MMexico
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment1.73Rnk 19 / 1025
2023
Imports $505MWorld Rnk 5 / 224
Flag Rnk 206 / 1211
2023
Origin $23.4M United States
2022 - 2023
FASTEST GROWING ORIGIN $23.4MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $356M in Electric Soldering Equipment, making it the 9th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 204th most exported product in Canada. The main destination of Electric Soldering Equipment exports from Canada are: United States ($240M), Mexico ($56.8M), France ($13.4M), Belgium ($8.33M), and Slovakia ($6.12M).

The fastest growing export markets for Electric Soldering Equipment of Canada between 2022 and 2023 were Mexico ($38.5M), United States ($11.1M), and Slovakia ($6.12M).

Imports In 2023, Canada imported $505M in Electric Soldering Equipment, becoming the 5th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 206th most imported product in Canada. Canada imports Electric Soldering Equipment primarily from: United States ($357M), Japan ($34.8M), Germany ($29.2M), China ($25.4M), and Austria ($10.8M).

The fastest growing import markets in Electric Soldering Equipment for Canada between 2022 and 2023 were United States ($23.4M), South Africa ($1.83M), and South Korea ($1.75M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Electric Soldering Equipment exports accounted up to C$33M and imports accounted up to C$65.4M, resulting in a negative trade balance of C$32.4M. Between December 2023 and December 2024 the exports of Canada's   Electric Soldering Equipment have decreased by C$-16.9M (-33.9%) from C$49.9M to C$33M, while imports increased by C$16.3M (33.2%) from C$49.1M to C$65.4M.

Destinations In December 2024, Electric Soldering Equipment were exported mostly to United States (C$24.8M), Mexico (C$3.35M), Singapore (C$2.34M), China (C$1.39M), and United Kingdom (C$708k), and were imported mostly from United States (C$41.2M), Japan (C$5.01M), China (C$4.41M), Germany (C$3.31M), and South Korea (C$3.29M).

Growth In December 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to France (C$-549k or -62.9%), Italy (C$-272k or -99%), and United Kingdom (C$-37.7k or -8.61%). In December 2024, the increase in Electric Soldering Equipment's year-by-year imports was explained primarily by an increase in imports from United States (C$7.21M or 25.1%), Japan (C$4.29M or 102%), and Italy (C$1.37M or 507%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-16.9M(-33.9%)
IMPORT GROWTH (December 2023 - December 2024)C$16.3M(33.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$24.8M

This section shows Electric Soldering Equipment'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 Electric Soldering Equipment over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$356M
IMPORTS (2023)$505M
NET TRADE (2023)-$149M

In 2023, Canada exported $356M in Electric Soldering Equipment. The main destinations of Canada exports on Electric Soldering Equipment were United States ($240M), Mexico ($56.8M), France ($13.4M), Belgium ($8.33M), and Slovakia ($6.12M).

In 2023, Canada imported $505M in Electric Soldering Equipment, mainly from United States ($357M), Japan ($34.8M), Germany ($29.2M), China ($25.4M), and Austria ($10.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Mexico$38.5M (211%)
United States$11.1M (4.83%)
Slovakia$6.12M (2.1M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Canada WERE (2022 - 2023):
South Africa-$8.76M (-97.6%)
China-$858k (-53.7%)
South Korea-$605k (-35.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Electric Soldering Equipment were:
China $2.67B
Germany $2.28B
United States $1.25B
In 2023, Canada's main importing competitors in Electric Soldering Equipment were:
United States $1.89B
Mexico $1.02B
China $803M

Explore Visualizations

Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.6M
TOP IMPORT POTENTIALChina+ $16.7M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $40.6M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $16.7M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms