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Pricing

2022
Exports $35.8MWorld Rnk 34 / 198
Flag Rnk 561 / 1210
2022
Destination $3.34M United States
2021 - 2022
FASTEST GROWING MARKET $3.34MUnited States
2022
PRODUCT COMPLEXITY IN Electrical Resistors0.88Rnk 215 / 1025
2022
Imports $108MWorld Rnk 26 / 214
Flag Rnk 547 / 1213
2022
Origin $17.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $17.9MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $35.8M in Electrical Resistors, making it the 34th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 561st most exported product in Canada. The main destination of Electrical Resistors exports from Canada are: United States ($20.1M), China ($1.66M), Mexico ($1.6M), South Korea ($1.34M), and Canada ($1.03M).

The fastest growing export markets for Electrical Resistors of Canada between 2021 and 2022 were United States ($3.34M), Mexico ($754k), and Australia ($468k).

Imports In 2022, Canada imported $108M in Electrical Resistors, becoming the 26th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 547th most imported product in Canada. Canada imports Electrical Resistors primarily from: United States ($66.8M), China ($10.5M), Mexico ($4.78M), United Kingdom ($3.74M), and Japan ($3.44M).

The fastest growing import markets in Electrical Resistors for Canada between 2021 and 2022 were United States ($17.9M), Mexico ($2.47M), and Hong Kong ($531k).

Latest Trends

October 2024

About

Overview In October 2024 Canada's Electrical Resistors exports accounted up to C$3.8M and imports accounted up to C$9.14M, resulting in a negative trade balance of C$5.34M. Between October 2023 and October 2024 the exports of Canada's   Electrical Resistors have increased by C$1.55M (68.6%) from C$2.25M to C$3.8M, while imports decreased by C$-1.74M (-16%) from C$10.9M to C$9.14M.

Destinations In October 2024, Electrical Resistors were exported mostly to United States (C$2.77M), China (C$165k), Iraq (C$107k), Qatar (C$90.2k), and Mexico (C$79.3k), and were imported mostly from United States (C$3.38M), China (C$1.03M), Mexico (C$863k), Chinese Taipei (C$743k), and Thailand (C$561k).

Growth In October 2024, the increase in Electrical Resistors's year-by-year exports was explained primarily by an increase in exports to United States (C$328k or 32.3%), Chile (C$50.6k or 271%), and Mexico (C$30.1k or 273%). In October 2024, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from Germany (C$-224k or -36.6%), China (C$-198k or -12.6%), and Israel (C$-88.6k or -21%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)C$1.55M(68.6%)
IMPORT GROWTH (October 2023 - October 2024)C$-1.74M(-16%)
MAIN EXPORTER (October 2024)OntarioC$3.47M
MAIN DESTINATION (October 2024)United StatesC$2.77M

This section shows Electrical Resistors'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 Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35.8M
IMPORTS (2022)$108M
NET TRADE (2022)-$72.5M

In 2022, Canada exported $35.8M in Electrical Resistors. The main destinations of Canada exports on Electrical Resistors were United States ($20.1M), China ($1.66M), Mexico ($1.6M), South Korea ($1.34M), and Canada ($1.03M).

In 2022, Canada imported $108M in Electrical Resistors, mainly from United States ($66.8M), China ($10.5M), Mexico ($4.78M), United Kingdom ($3.74M), and Japan ($3.44M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$3.34M (20%)
Mexico$754k (88.9%)
Australia$468k (315%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Canada WERE (2021 - 2022):
Slovakia-$2.61M (-73.9%)
Hungary-$1.67M (-99.8%)
Canada-$772k (-42.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Canada's main importing competitors in Electrical Resistors were:
China $2.95B
Hong Kong $1.53B
United States $1.27B

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.5M
TOP IMPORT POTENTIALUnited States+ $9.72M

Electrical Resistors’s highest export potential is United States. With an export gap of $12.5M.   Electrical Resistors’s highest import potential is United States with an import gap of $9.72M.

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