Microphones and Headphones in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $225M in Microphones and Headphones, making it the 28th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 255th most exported product in Canada. The main destination of Microphones and Headphones exports from Canada are: United States ($174M), China ($5.72M), Australia ($3.61M), Netherlands ($3.45M), and Germany ($2.65M).

The fastest growing export markets for Microphones and Headphones of Canada between 2021 and 2022 were United States ($14.4M), India ($1.13M), and Australia ($1.07M).

Imports In 2022, Canada imported $1.58B in Microphones and Headphones, becoming the 10th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 75th most imported product in Canada. Canada imports Microphones and Headphones primarily from: United States ($612M), China ($543M), Vietnam ($192M), Mexico ($68.3M), and Malaysia ($48.3M).

The fastest growing import markets in Microphones and Headphones for Canada between 2021 and 2022 were United States ($20.2M), Mexico ($10.7M), and Thailand ($7.79M).

COMPANIES In 2023, leading companies such as CELEBRITY CRUISES INC. (6) were at the forefront of shipping Microphones and Headphones from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Microphones and Headphones exports accounted up to C$12.2M and imports accounted up to C$145M, resulting in a negative trade balance of C$132M. Between January 2023 and January 2024 the exports of Canada's Microphones and Headphones have increased by C$1.03M (9.22%) from C$11.2M to C$12.2M, while imports decreased by C$-1.67M (-1.14%) from C$146M to C$145M.

Destinations In January 2024, Microphones and Headphones were exported mostly to United States (C$7.75M), Germany (C$761k), Indonesia (C$733k), China (C$426k), and France (C$322k), and were imported mostly from China (C$60M), Vietnam (C$36.7M), United States (C$15.9M), Mexico (C$9.78M), and Malaysia (C$6.6M).

Growth In January 2024, the increase in Microphones and Headphones's year-by-year exports was explained primarily by an increase in exports to United States (C$1.83M or 32.7%), Belgium (C$394k or 292%), and Germany (C$255k or 383%). In January 2024, the decrease in Microphones and Headphones's year-by-year imports was explained primarily by a decrease in imports from Vietnam (C$-7.06M or -21.1%), Australia (C$-652k or -83.6%), and United Kingdom (C$-376k or -41%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$1.03M(9.22%)

IMPORT GROWTH (January 2023 - January 2024)C$-1.67M(-1.14%)

MAIN EXPORTER (January 2024)OntarioC$7.31M

MAIN DESTINATION (January 2024)United StatesC$7.75M

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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