2022
Exports
$324MWorld Rnk 14 / 216
Flag Rnk 217 / 1210
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$716MWorld Rnk 9 / 225
Flag Rnk 159 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $324M in Gas and Liquid Flow Measuring Instruments, making it the 14th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 217th most exported product in Canada. The main destination of Gas and Liquid Flow Measuring Instruments exports from Canada are: United States ($206M), China ($12M), Germany ($9.2M), Canada ($8.36M), and Australia ($8.04M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Canada between 2021 and 2022 were United States ($52M), United Kingdom ($2.58M), and Pakistan ($1.96M).

Imports In 2022, Canada imported $716M in Gas and Liquid Flow Measuring Instruments, becoming the 9th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 159th most imported product in Canada. Canada imports Gas and Liquid Flow Measuring Instruments primarily from: United States ($510M), China ($40M), Germany ($28.7M), Mexico ($26.5M), and United Kingdom ($21.7M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Canada between 2021 and 2022 were United States ($84.8M), United Kingdom ($5.14M), and Netherlands ($2.38M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$3.53M(12.4%)
IMPORT GROWTH (July 2023 - July 2024)C$14.9M(18.3%)
MAIN EXPORTER (July 2024)OntarioC$15.4M
MAIN DESTINATION (July 2024)United StatesC$23.1M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$324M
IMPORTS (2022)$716M
NET TRADE (2022)-$392M

In 2022, Canada exported $324M in Gas and Liquid Flow Measuring Instruments. The main destinations of Canada exports on Gas and Liquid Flow Measuring Instruments were United States ($206M), China ($12M), Germany ($9.2M), Canada ($8.36M), and Australia ($8.04M).

In 2022, Canada imported $716M in Gas and Liquid Flow Measuring Instruments, mainly from United States ($510M), China ($40M), Germany ($28.7M), Mexico ($26.5M), and United Kingdom ($21.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$52M (33.8%)
United Kingdom$2.58M (62.8%)
Pakistan$1.96M (1.88k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Canada WERE (2021 - 2022):
Egypt-$1.17M (-73.4%)
China-$872k (-6.78%)
Russia-$739k (-84.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Canada's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $81.5M
TOP IMPORT POTENTIALUnited States+ $36.8M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $81.5M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is United States with an import gap of $36.8M.

See methodology.

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