Papermaking Machines in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $123M in Papermaking Machines, making it the 8th largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 362nd most exported product in Canada. The main destination of Papermaking Machines exports from Canada are: United States ($98.7M), Canada ($6.25M), Indonesia ($2.73M), Finland ($2.51M), and United Arab Emirates ($1.55M).

The fastest growing export markets for Papermaking Machines of Canada between 2021 and 2022 were United States ($14.7M), United Arab Emirates ($1.34M), and Indonesia ($1.1M).

Imports In 2022, Canada imported $134M in Papermaking Machines, becoming the 11th largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 515th most imported product in Canada. Canada imports Papermaking Machines primarily from: United States ($82.8M), Finland ($9.8M), Germany ($8.9M), Sweden ($7.33M), and China ($6.54M).

The fastest growing import markets in Papermaking Machines for Canada between 2021 and 2022 were United States ($7.2M), Italy ($949k), and Belgium ($786k).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Papermaking Machines exports accounted up to C$13.9M and imports accounted up to C$20.4M, resulting in a negative trade balance of C$6.48M. Between February 2023 and February 2024 the exports of Canada's Papermaking Machines have decreased by C$-1.96M (-12.4%) from C$15.9M to C$13.9M, while imports increased by C$6.83M (50.4%) from C$13.6M to C$20.4M.

Destinations In February 2024, Papermaking Machines were exported mostly to United States (C$11.3M), Finland (C$692k), Austria (C$656k), Oman (C$497k), and India (C$200k), and were imported mostly from United States (C$9.4M), Finland (C$3.16M), Sweden (C$2.38M), Germany (C$2.25M), and China (C$912k).

Growth In February 2024, the decrease in Papermaking Machines's year-by-year exports was explained primarily by a decrease in exports to Sweden (C$-321k or -76.1%), Germany (C$-67.4k or -82.2%), and Finland (C$-37.9k or -14.1%). In February 2024, the increase in Papermaking Machines's year-by-year imports was explained primarily by an increase in imports from Germany (C$1.79M or 419%), Spain (C$906k or 1.7k%), and France (C$410k or 20.7k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-1.96M(-12.4%)

IMPORT GROWTH (February 2023 - February 2024)C$6.83M(50.4%)

MAIN EXPORTER (February 2024)QuebecC$9.39M

MAIN DESTINATION (February 2024)United StatesC$11.3M

This section shows Papermaking Machines'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 Papermaking Machines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$123M

IMPORTS (2022)$134M

NET TRADE (2022)-$10.9M

In 2022, Canada exported $123M in Papermaking Machines. The main destinations of Canada exports on Papermaking Machines were United States ($98.7M), Canada ($6.25M), Indonesia ($2.73M), Finland ($2.51M), and United Arab Emirates ($1.55M).

In 2022, Canada imported $134M in Papermaking Machines, mainly from United States ($82.8M), Finland ($9.8M), Germany ($8.9M), Sweden ($7.33M), and China ($6.54M).

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