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2023
Exports $77.7MWorld Rnk 29 / 219
Flag Rnk 418 / 1212
2023
Destination $2.48M United States
2022 - 2023
FASTEST GROWING MARKET $2.48MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Electrical Ignitions0.64Rnk 310 / 1025
2023
Imports $623MWorld Rnk 7 / 224
Flag Rnk 173 / 1211
2023
Origin $46.8M United States
2022 - 2023
FASTEST GROWING ORIGIN $46.8MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $77.7M in Electrical Ignitions, making it the 29th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 418th most exported product in Canada. The main destination of Electrical Ignitions exports from Canada are: United States ($44.8M), Mexico ($4.94M), Netherlands ($4.76M), United Kingdom ($4.03M), and Spain ($2.07M).

The fastest growing export markets for Electrical Ignitions of Canada between 2022 and 2023 were United Kingdom ($2.48M), United States ($1.63M), and Spain ($1.4M).

Imports In 2023, Canada imported $623M in Electrical Ignitions, becoming the 7th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 173rd most imported product in Canada. Canada imports Electrical Ignitions primarily from: United States ($310M), Mexico ($119M), Japan ($71.5M), China ($50.7M), and Germany ($10.4M).

The fastest growing import markets in Electrical Ignitions for Canada between 2022 and 2023 were United States ($46.8M), Turkey ($9.32M), and Japan ($7.06M).

COMPANIES In 2024, leading companies such as Stihl (1) were at the forefront of shipping Electrical Ignitions from Canada to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Canada's Electrical Ignitions exports accounted up to C$4.94M and imports accounted up to C$50.8M, resulting in a negative trade balance of C$45.9M. Between December 2023 and December 2024 the exports of Canada's   Electrical Ignitions have increased by C$696k (16.4%) from C$4.24M to C$4.94M, while imports decreased by C$-11.7M (-18.7%) from C$62.5M to C$50.8M.

Destinations In December 2024, Electrical Ignitions were exported mostly to United States (C$3.99M), Thailand (C$477k), Netherlands (C$85.1k), India (C$84.3k), and Malaysia (C$48.9k), and were imported mostly from United States (C$24.4M), Mexico (C$7.59M), China (C$6.65M), Japan (C$5.19M), and Hungary (C$924k).

Growth In December 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to United States (C$678k or 15.8%), China (C$82.6k or 269%), and Cuba (C$79k or 16.6k%). In December 2024, the decrease in Electrical Ignitions's year-by-year imports was explained primarily by a decrease in imports from Japan (C$-2.05M or -24.6%), Canada (C$-487k or -42.7%), and Mexico (C$-465k or -3.64%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$696k(16.4%)
IMPORT GROWTH (December 2023 - December 2024)C$-11.7M(-18.7%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$3.99M

This section shows Electrical Ignitions'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 Electrical Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$77.7M
IMPORTS (2023)$623M
NET TRADE (2023)-$545M

In 2023, Canada exported $77.7M in Electrical Ignitions. The main destinations of Canada exports on Electrical Ignitions were United States ($44.8M), Mexico ($4.94M), Netherlands ($4.76M), United Kingdom ($4.03M), and Spain ($2.07M).

In 2023, Canada imported $623M in Electrical Ignitions, mainly from United States ($310M), Mexico ($119M), Japan ($71.5M), China ($50.7M), and Germany ($10.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Kingdom$2.48M (160%)
United States$1.63M (3.77%)
Spain$1.4M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Canada WERE (2022 - 2023):
Germany-$4.07M (-80%)
Japan-$994k (-72.5%)
Australia-$899k (-53%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Electrical Ignitions were:
Japan $3.81B
China $3.37B
United States $2.09B
In 2023, Canada's main importing competitors in Electrical Ignitions were:
United States $4.42B
Germany $2.15B
Mexico $1.69B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.8M
TOP IMPORT POTENTIALUnited States+ $25.4M

Electrical Ignitions’s highest export potential is United States. With an export gap of $39.8M.   Electrical Ignitions’s highest import potential is United States with an import gap of $25.4M.

See methodology.

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