Low-voltage Protection Equipment in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $431M in Low-voltage Protection Equipment, making it the 36th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 187th most exported product in Canada. The main destination of Low-voltage Protection Equipment exports from Canada are: United States ($298M), Mexico ($20.5M), Canada ($13.1M), China ($8.63M), and Germany ($8.15M).

The fastest growing export markets for Low-voltage Protection Equipment of Canada between 2021 and 2022 were United States ($36M), United Kingdom ($2.3M), and Hong Kong ($1.76M).

Imports In 2022, Canada imported $2.18B in Low-voltage Protection Equipment, becoming the 16th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 45th most imported product in Canada. Canada imports Low-voltage Protection Equipment primarily from: United States ($1.2B), China ($371M), Mexico ($147M), Germany ($74.1M), and Japan ($69.7M).

The fastest growing import markets in Low-voltage Protection Equipment for Canada between 2021 and 2022 were United States ($203M), Mexico ($22.7M), and China ($15M).

COMPANIES In 2023, leading companies such as MAZDA MOTOR OF AMERICA, INC. (1) were at the forefront of shipping Low-voltage Protection Equipment from Canada to the United States.

Latest Trends

February 2024

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Overview In February 2024 Canada's Low-voltage Protection Equipment exports accounted up to C$30.5M and imports accounted up to C$268M, resulting in a negative trade balance of C$237M. Between February 2023 and February 2024 the exports of Canada's Low-voltage Protection Equipment have decreased by C$-2.23M (-6.8%) from C$32.8M to C$30.5M, while imports increased by C$4.45M (1.69%) from C$263M to C$268M.

Destinations In February 2024, Low-voltage Protection Equipment were exported mostly to United States (C$21.6M), China (C$2.27M), Mexico (C$1.31M), Brazil (C$454k), and France (C$384k), and were imported mostly from United States (C$105M), Mexico (C$46M), China (C$40.4M), Germany (C$10.7M), and Japan (C$8.18M).

Growth In February 2024, the decrease in Low-voltage Protection Equipment's year-by-year exports was explained primarily by a decrease in exports to China (C$-419k or -43.5%), Cuba (C$-314k or -88.8%), and South Korea (C$-285k or -26.6%). In February 2024, the increase in Low-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from United States (C$17.7M or 22.7%), Mexico (C$3.87M or 10.7%), and Japan (C$3.64M or 49.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-2.23M(-6.8%)

IMPORT GROWTH (February 2023 - February 2024)C$4.45M(1.69%)

MAIN EXPORTER (February 2024)OntarioC$15.4M

MAIN DESTINATION (February 2024)United StatesC$21.6M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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