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Pricing

2023
Exports $2.72MWorld Rnk 25 / 83
Flag Rnk 901 / 1212
2023
Destination $475k United States
2022 - 2023
FASTEST GROWING MARKET $475kUnited States
2023
PRODUCT COMPLEXITY IN Fishing Ships-0.27Rnk 639 / 1025
2023
Imports $66.6MWorld Rnk 4 / 154
Flag Rnk 622 / 1211
2023
Origin $64.4M Turkey
2022 - 2023
FASTEST GROWING ORIGIN $64.4MTurkey
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $2.72M in Fishing Ships, making it the 25th largest exporter of Fishing Ships in the world. At the same year, Fishing Ships was the 901st most exported product in Canada. The main destination of Fishing Ships exports from Canada are: United States ($2.51M), United Kingdom ($198k), Bolivia ($2.77k), Cote d'Ivoire ($2.52k), and Tanzania ($2.01k).

The fastest growing export markets for Fishing Ships of Canada between 2022 and 2023 were United States ($475k), United Kingdom ($198k), and Bolivia ($2.77k).

Imports In 2023, Canada imported $66.6M in Fishing Ships, becoming the 4th largest importer of Fishing Ships in the world. At the same year, Fishing Ships was the 622nd most imported product in Canada. Canada imports Fishing Ships primarily from: Turkey ($64.4M), Iceland ($999k), United States ($869k), Colombia ($180k), and Angola ($141k).

The fastest growing import markets in Fishing Ships for Canada between 2022 and 2023 were Turkey ($64.4M), Spain ($9.65k), and Germany ($6.22k).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Fishing Ships exports accounted up to C$114k and imports accounted up to C$125k, resulting in a negative trade balance of C$11.4k. Between January 2023 and August 2024 the exports of Canada's   Fishing Ships have decreased by C$-191k (-62.6%) from C$305k to C$114k, while imports decreased by C$-89.9M (-99.9%) from C$90.1M to C$125k.

Destinations In August 2024, Fishing Ships were exported mostly to , and were imported mostly from United States (C$125k).

Growth In August 2024, the decrease in Fishing Ships's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Fishing Ships's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - August 2024)C$-191k(-62.6%)
IMPORT GROWTH (November 2023 - November 2024)C$-89.9M(-99.9%)
MAIN EXPORTER (August 2024)Nova ScotiaC$541k
MAIN DESTINATION (August 2024)

This section shows Fishing Ships'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 Fishing Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.72M
IMPORTS (2023)$66.6M
NET TRADE (2023)-$63.9M

In 2023, Canada exported $2.72M in Fishing Ships. The main destinations of Canada exports on Fishing Ships were United States ($2.51M), United Kingdom ($198k), Bolivia ($2.77k), Cote d'Ivoire ($2.52k), and Tanzania ($2.01k).

In 2023, Canada imported $66.6M in Fishing Ships, mainly from Turkey ($64.4M), Iceland ($999k), United States ($869k), Colombia ($180k), and Angola ($141k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fishing Ships EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$475k (23.3%)
United Kingdom$198k (1%)
Bolivia$2.77k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fishing Ships BY Canada WERE (2022 - 2023):
Tanzania-$21.8k (-91.6%)
Jamaica-$6.16k (-100%)
Zimbabwe-$5.13k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Fishing Ships were:
Turkey $278M
Spain $190M
China $188M
In 2023, Canada's main importing competitors in Fishing Ships were:
Norway $264M
Denmark $175M
Greenland $91.9M

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Trade Value of Fishing Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $6.8k
TOP IMPORT POTENTIALNorway+ $92.7k

Fishing Ships’s highest export potential is Ireland. With an export gap of $6.8k.   Fishing Ships’s highest import potential is Norway with an import gap of $92.7k.

See methodology.

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