2022
Exports
$391MWorld Rnk 20 / 209
Flag Rnk 199 / 1210
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$1.19BWorld Rnk 5 / 222
Flag Rnk 96 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $391M in Electrical Lighting and Signalling Equipment, making it the 20th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 199th most exported product in Canada. The main destination of Electrical Lighting and Signalling Equipment exports from Canada are: United States ($297M), Mexico ($72.7M), Canada ($6.74M), China ($3.26M), and Vietnam ($1.31M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Canada between 2021 and 2022 were United States ($9.79M), Canada ($1.39M), and China ($1.17M).

Imports In 2022, Canada imported $1.19B in Electrical Lighting and Signalling Equipment, becoming the 5th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 96th most imported product in Canada. Canada imports Electrical Lighting and Signalling Equipment primarily from: United States ($821M), Mexico ($128M), China ($93.1M), Japan ($68.3M), and Chinese Taipei ($16.8M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Canada between 2021 and 2022 were United States ($103M), Mexico ($24.8M), and Japan ($24.8M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-2.5M(-5.63%)
IMPORT GROWTH (June 2023 - June 2024)C$-28.4M(-17.2%)
MAIN EXPORTER (June 2024)OntarioC$46.4M
MAIN DESTINATION (June 2024)United StatesC$33.5M

This section shows Electrical Lighting and Signalling 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 Electrical Lighting and Signalling Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$391M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$802M

In 2022, Canada exported $391M in Electrical Lighting and Signalling Equipment. The main destinations of Canada exports on Electrical Lighting and Signalling Equipment were United States ($297M), Mexico ($72.7M), Canada ($6.74M), China ($3.26M), and Vietnam ($1.31M).

In 2022, Canada imported $1.19B in Electrical Lighting and Signalling Equipment, mainly from United States ($821M), Mexico ($128M), China ($93.1M), Japan ($68.3M), and Chinese Taipei ($16.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$9.79M (3.41%)
Canada$1.39M (25.9%)
China$1.17M (56.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Canada WERE (2021 - 2022):
Mexico-$11.7M (-13.8%)
Italy-$1.38M (-57.6%)
Finland-$428k (-37.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Canada's main importing competitors in Electrical Lighting and Signalling Equipment were:

Explore Visualizations

Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $115M
TOP IMPORT POTENTIALChina+ $42.9M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $115M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $42.9M.

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