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2022
Exports $948MWorld Rnk 14 / 216
Flag Rnk 95 / 1210
2022
Destination $125M United States
2021 - 2022
FASTEST GROWING MARKET $125MUnited States
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery1.33Rnk 86 / 1025
2022
Imports $1.56BWorld Rnk 12 / 224
Flag Rnk 76 / 1213
2022
Origin $48.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $48.9MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $948M in Other Electrical Machinery, making it the 14th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 95th most exported product in Canada. The main destination of Other Electrical Machinery exports from Canada are: United States ($665M), China ($53.6M), Mexico ($32.2M), Canada ($19.2M), and Belgium ($16.9M).

The fastest growing export markets for Other Electrical Machinery of Canada between 2021 and 2022 were United States ($125M), China ($29M), and Canada ($8.88M).

Imports In 2022, Canada imported $1.56B in Other Electrical Machinery, becoming the 12th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 76th most imported product in Canada. Canada imports Other Electrical Machinery primarily from: United States ($620M), China ($592M), Sweden ($50.5M), Indonesia ($33.8M), and Germany ($31.4M).

The fastest growing import markets in Other Electrical Machinery for Canada between 2021 and 2022 were United States ($48.9M), Sweden ($48.5M), and Indonesia ($29.2M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Other Electrical Machinery exports accounted up to C$101M and imports accounted up to C$262M, resulting in a negative trade balance of C$161M. Between August 2023 and August 2024 the exports of Canada's   Other Electrical Machinery have decreased by C$-2.83M (-2.74%) from C$104M to C$101M, while imports increased by C$72.8M (38.5%) from C$189M to C$262M.

Destinations In August 2024, Other Electrical Machinery were exported mostly to United States (C$74.2M), Mexico (C$9.87M), United Kingdom (C$3.49M), Thailand (C$1.62M), and France (C$1.15M), and were imported mostly from Thailand (C$59.6M), United States (C$53.9M), Malaysia (C$47.9M), China (C$37M), and Mexico (C$13.8M).

Growth In August 2024, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to Indonesia (C$-4.97M or -92.8%), United Kingdom (C$-1.36M or -64.5%), and Japan (C$-830k or -80.4%). In August 2024, the increase in Other Electrical Machinery's year-by-year imports was explained primarily by an increase in imports from United States (C$13.7M or 36.5%), Sweden (C$11.1M or 8.25k%), and Mexico (C$5.64M or 68.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-2.83M(-2.74%)
IMPORT GROWTH (August 2023 - August 2024)C$72.8M(38.5%)
MAIN EXPORTER (August 2024)OntarioC$98.8M
MAIN DESTINATION (August 2024)United StatesC$74.2M

This section shows Other Electrical Machinery'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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$948M
IMPORTS (2022)$1.56B
NET TRADE (2022)-$616M

In 2022, Canada exported $948M in Other Electrical Machinery. The main destinations of Canada exports on Other Electrical Machinery were United States ($665M), China ($53.6M), Mexico ($32.2M), Canada ($19.2M), and Belgium ($16.9M).

In 2022, Canada imported $1.56B in Other Electrical Machinery, mainly from United States ($620M), China ($592M), Sweden ($50.5M), Indonesia ($33.8M), and Germany ($31.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$125M (23.3%)
China$29M (118%)
Canada$8.88M (85.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Canada WERE (2021 - 2022):
United Kingdom-$7.15M (-36.1%)
Germany-$3.49M (-25.3%)
Vietnam-$2.82M (-91.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
United States $4.57B
In 2022, Canada's main importing competitors in Other Electrical Machinery were:
United States $18.2B
China $4.55B
Germany $3.76B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $277M
TOP IMPORT POTENTIALUnited States+ $89.5M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $277M.   Other Electrical Machinery’s highest import potential is United States with an import gap of $89.5M.

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