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2022
Exports $929MWorld Rnk 26 / 226
Flag Rnk 100 / 1210
2022
Destination $93.5M United States
2021 - 2022
FASTEST GROWING MARKET $93.5MUnited States
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $5.44BWorld Rnk 13 / 224
Flag Rnk 11 / 1213
2022
Origin $234M United States
2021 - 2022
FASTEST GROWING ORIGIN $234MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $929M in Office Machine Parts, making it the 26th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 100th most exported product in Canada. The main destination of Office Machine Parts exports from Canada are: United States ($635M), China ($32.2M), Hong Kong ($19.6M), South Korea ($19.5M), and Canada ($17.7M).

The fastest growing export markets for Office Machine Parts of Canada between 2021 and 2022 were United States ($93.5M), Belize ($14.1M), and China ($6.7M).

Imports In 2022, Canada imported $5.44B in Office Machine Parts, becoming the 13th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 11th most imported product in Canada. Canada imports Office Machine Parts primarily from: United States ($2.67B), China ($1.74B), Mexico ($192M), Chinese Taipei ($182M), and Vietnam ($150M).

The fastest growing import markets in Office Machine Parts for Canada between 2021 and 2022 were United States ($234M), Mexico ($144M), and China ($84M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Office Machine Parts exports accounted up to C$52.1M and imports accounted up to C$114M, resulting in a negative trade balance of C$61.5M. Between August 2023 and August 2024 the exports of Canada's   Office Machine Parts have increased by C$7.79M (17.6%) from C$44.3M to C$52.1M, while imports increased by C$21.9M (23.8%) from C$91.7M to C$114M.

Destinations In August 2024, Office Machine Parts were exported mostly to United States (C$40.6M), France (C$1.4M), Singapore (C$1.16M), Czechia (C$948k), and China (C$883k), and were imported mostly from Chinese Taipei (C$43.1M), China (C$36.9M), United States (C$13.8M), Vietnam (C$4.1M), and Malaysia (C$2.77M).

Growth In August 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to United States (C$1.73M or 6.91%), Singapore (C$1.22M or 646%), and Israel (C$481k or 98.9%). In August 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from China (C$9.29M or 22.2%), Israel (C$3.24M or 320%), and Mexico (C$2.56M or 69.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$7.79M(17.6%)
IMPORT GROWTH (August 2023 - August 2024)C$21.9M(23.8%)
MAIN EXPORTER (August 2024)OntarioC$32.8M
MAIN DESTINATION (August 2024)United StatesC$40.6M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$929M
IMPORTS (2022)$5.44B
NET TRADE (2022)-$4.51B

In 2022, Canada exported $929M in Office Machine Parts. The main destinations of Canada exports on Office Machine Parts were United States ($635M), China ($32.2M), Hong Kong ($19.6M), South Korea ($19.5M), and Canada ($17.7M).

In 2022, Canada imported $5.44B in Office Machine Parts, mainly from United States ($2.67B), China ($1.74B), Mexico ($192M), Chinese Taipei ($182M), and Vietnam ($150M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$93.5M (17.3%)
Belize$14.1M (465k%)
China$6.7M (26.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Canada WERE (2021 - 2022):
Belgium-$4.2M (-33.2%)
Canada-$2.69M (-13.2%)
Egypt-$2.15M (-78.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
United States $22.5B
In 2022, Canada's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $225M
TOP IMPORT POTENTIALUnited States+ $193M

Office Machine Parts’s highest export potential is United States. With an export gap of $225M.   Office Machine Parts’s highest import potential is United States with an import gap of $193M.

See methodology.

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