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2023
Exports $139MWorld Rnk 31 / 214
Flag Rnk 329 / 1212
2023
Destination $2.93M United States
2022 - 2023
FASTEST GROWING MARKET $2.93MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Microphones and Headphones0.7Rnk 284 / 1025
2023
Imports $1.6BWorld Rnk 9 / 222
Flag Rnk 70 / 1211
2023
Origin $23.9M China
2022 - 2023
FASTEST GROWING ORIGIN $23.9MMalaysia
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $139M in Microphones and Headphones, making it the 31st largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 329th most exported product in Canada. The main destination of Microphones and Headphones exports from Canada are: United States ($83.9M), China ($4.81M), United Arab Emirates ($4.13M), Japan ($3.2M), and India ($2.96M).

The fastest growing export markets for Microphones and Headphones of Canada between 2022 and 2023 were United Arab Emirates ($2.93M), India ($1.23M), and Japan ($1.1M).

Imports In 2023, Canada imported $1.6B in Microphones and Headphones, becoming the 9th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 70th most imported product in Canada. Canada imports Microphones and Headphones primarily from: China ($691M), Vietnam ($358M), United States ($182M), Mexico ($115M), and Malaysia ($105M).

The fastest growing import markets in Microphones and Headphones for Canada between 2022 and 2023 were Malaysia ($23.9M), Mexico ($19.8M), and United States ($11.3M).

COMPANIES In 2024, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Microphones and Headphones from Canada to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Canada's Microphones and Headphones exports accounted up to C$13.6M and imports accounted up to C$190M, resulting in a negative trade balance of C$177M. Between December 2023 and December 2024 the exports of Canada's   Microphones and Headphones have decreased by C$-1.58M (-10.4%) from C$15.2M to C$13.6M, while imports increased by C$5.16M (2.78%) from C$185M to C$190M.

Destinations In December 2024, Microphones and Headphones were exported mostly to United States (C$8.07M), Netherlands (C$1.17M), China (C$817k), Italy (C$358k), and Australia (C$304k), and were imported mostly from China (C$66.5M), Vietnam (C$62.9M), United States (C$16.6M), Malaysia (C$14.7M), and Thailand (C$7.84M).

Growth In December 2024, the decrease in Microphones and Headphones's year-by-year exports was explained primarily by a decrease in exports to Netherlands (C$-569k or -70.3%), Belgium (C$-506k or -95.7%), and India (C$-173k or -94.1%). In December 2024, the increase in Microphones and Headphones's year-by-year imports was explained primarily by an increase in imports from Vietnam (C$10.4M or 39.4%), Chinese Taipei (C$1.17M or 112%), and Thailand (C$712k or 34.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-1.58M(-10.4%)
IMPORT GROWTH (December 2023 - December 2024)C$5.16M(2.78%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$8.07M

This section shows Microphones and Headphones'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 Microphones and Headphones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$139M
IMPORTS (2023)$1.6B
NET TRADE (2023)-$1.46B

In 2023, Canada exported $139M in Microphones and Headphones. The main destinations of Canada exports on Microphones and Headphones were United States ($83.9M), China ($4.81M), United Arab Emirates ($4.13M), Japan ($3.2M), and India ($2.96M).

In 2023, Canada imported $1.6B in Microphones and Headphones, mainly from China ($691M), Vietnam ($358M), United States ($182M), Mexico ($115M), and Malaysia ($105M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United Arab Emirates$2.93M (243%)
India$1.23M (71%)
Japan$1.1M (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY Canada WERE (2022 - 2023):
Australia-$1.17M (-36.2%)
China-$796k (-14.2%)
Hong Kong-$743k (-28%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Microphones and Headphones were:
China $23.3B
Vietnam $7.38B
Mexico $2.6B
In 2023, Canada's main importing competitors in Microphones and Headphones were:
United States $9.83B
Germany $3.71B
Japan $2.31B

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Trade Value of Microphones and Headphones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109M
TOP IMPORT POTENTIALUnited States+ $73.4M

Microphones and Headphones’s highest export potential is United States. With an export gap of $109M.   Microphones and Headphones’s highest import potential is United States with an import gap of $73.4M.

See methodology.

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