Interchangeable Tool Parts in   Canada

Overview In December 2024 Canada's Interchangeable Tool Parts exports accounted up to C$52.8M and imports accounted up to C$88.7M, resulting in a negative trade balance of C$35.9M. Between December 2023 and December 2024 the exports of Canada's   Interchangeable Tool Parts have increased by C$21.3M (67.7%) from C$31.5M to C$52.8M, while imports decreased by C$-183k (-0.21%) from C$88.8M to C$88.7M.

Destinations In December 2024, Interchangeable Tool Parts were exported mostly to United States (C$42.4M), Mexico (C$2.18M), Australia (C$1.21M), Kazakhstan (C$1.1M), and Germany (C$799k), and were imported mostly from United States (C$32M), China (C$17.1M), Japan (C$14.2M), Germany (C$5.92M), and Chinese Taipei (C$3.05M).

Growth In December 2024, the increase in Interchangeable Tool Parts's year-by-year exports was explained primarily by an increase in exports to United States (C$6.76M or 30.8%), Mexico (C$610k or 42.6%), and Jamaica (C$350k or 3.51k%). In December 2024, the decrease in Interchangeable Tool Parts's year-by-year imports was explained primarily by a decrease in imports from United States (C$-7.55M or -16.1%), China (C$-4.52M or -19.8%), and South Korea (C$-1.06M or -41.3%).