Excavation Machinery in   Canada

Overview In November 2024 Canada's Excavation Machinery exports accounted up to C$220M and imports accounted up to C$273M, resulting in a negative trade balance of C$53.8M. Between November 2023 and November 2024 the exports of Canada's   Excavation Machinery have decreased by C$-28.2M (-11.4%) from C$248M to C$220M, while imports decreased by C$-53.7M (-16.4%) from C$327M to C$273M.

Destinations In November 2024, Excavation Machinery were exported mostly to United States (C$174M), Netherlands (C$4.6M), Australia (C$4.17M), Mexico (C$3.57M), and Chile (C$3.18M), and were imported mostly from United States (C$113M), Germany (C$36.1M), China (C$34.9M), Netherlands (C$12.7M), and Japan (C$11.5M).

Growth In November 2024, the decrease in Excavation Machinery's year-by-year exports was explained primarily by a decrease in exports to Poland (C$-1.79M or -98.6%), Australia (C$-1.74M or -37.6%), and Mexico (C$-1.05M or -41.5%). In November 2024, the decrease in Excavation Machinery's year-by-year imports was explained primarily by a decrease in imports from Italy (C$-3.35M or -23.1%), Australia (C$-913k or -43%), and Russia (C$-578k or -99.6%).