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2022
Exports $13.6MWorld Rnk 19 / 134
Flag Rnk 730 / 1210
2022
Destination $245k United States
2021 - 2022
FASTEST GROWING MARKET $245kNew Zealand
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment2.12Rnk 3 / 1025
2022
Imports $16.9MWorld Rnk 13 / 203
Flag Rnk 883 / 1213
2022
Origin $167k United States
2021 - 2022
FASTEST GROWING ORIGIN $167kAustria
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $13.6M in Photo Lab Equipment, making it the 19th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 730th most exported product in Canada. The main destination of Photo Lab Equipment exports from Canada are: United States ($9M), China ($649k), United Kingdom ($451k), New Zealand ($282k), and Ecuador ($231k).

The fastest growing export markets for Photo Lab Equipment of Canada between 2021 and 2022 were New Zealand ($245k), Ecuador ($231k), and India ($203k).

Imports In 2022, Canada imported $16.9M in Photo Lab Equipment, becoming the 13th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 883rd most imported product in Canada. Canada imports Photo Lab Equipment primarily from: United States ($11.2M), China ($3.65M), Japan ($399k), Italy ($256k), and Austria ($199k).

The fastest growing import markets in Photo Lab Equipment for Canada between 2021 and 2022 were Austria ($167k), Italy ($135k), and Poland ($91.9k).

COMPANIES In 2023, leading companies such as UPM-Kymmene (2) were at the forefront of shipping Photo Lab Equipment from Canada to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Canada's Photo Lab Equipment exports accounted up to C$1.25M and imports accounted up to C$2.1M, resulting in a negative trade balance of C$851k. Between July 2023 and July 2024 the exports of Canada's   Photo Lab Equipment have decreased by C$-94.3k (-7.02%) from C$1.34M to C$1.25M, while imports increased by C$601k (40.2%) from C$1.5M to C$2.1M.

Destinations In July 2024, Photo Lab Equipment were exported mostly to United States (C$687k), Japan (C$151k), Philippines (C$97.9k), Belgium (C$92.6k), and China (C$67.4k), and were imported mostly from United States (C$1.14M), China (C$467k), France (C$312k), Italy (C$71.6k), and Poland (C$33.4k).

Growth In July 2024, the decrease in Photo Lab Equipment's year-by-year exports was explained primarily by a decrease in exports to India (C$-17.5k or -43.9%). In July 2024, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from United States (C$434k or 70.5%), China (C$42.2k or 10%), and Hong Kong (C$8.5k or 7.8k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-94.3k(-7.02%)
IMPORT GROWTH (July 2023 - July 2024)C$601k(40.2%)
MAIN EXPORTER (July 2024)QuebecC$1.47M
MAIN DESTINATION (July 2024)United StatesC$687k

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.6M
IMPORTS (2022)$16.9M
NET TRADE (2022)-$3.28M

In 2022, Canada exported $13.6M in Photo Lab Equipment. The main destinations of Canada exports on Photo Lab Equipment were United States ($9M), China ($649k), United Kingdom ($451k), New Zealand ($282k), and Ecuador ($231k).

In 2022, Canada imported $16.9M in Photo Lab Equipment, mainly from United States ($11.2M), China ($3.65M), Japan ($399k), Italy ($256k), and Austria ($199k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Canada WERE (2021 - 2022):
New Zealand$245k (666%)
Ecuador$231k (1%)
India$203k (1.35M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Canada WERE (2021 - 2022):
China-$1.2M (-64.9%)
Russia-$618k (-100%)
Curaçao-$479k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Photo Lab Equipment were:
Netherlands $7.53B
Singapore $2.56B
Chinese Taipei $2.26B
In 2022, Canada's main importing competitors in Photo Lab Equipment were:
Chinese Taipei $14.6B
China $819M
Singapore $559M

Explore Visualizations

Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.31M
TOP IMPORT POTENTIALChina+ $530k

Photo Lab Equipment’s highest export potential is United States. With an export gap of $1.31M.   Photo Lab Equipment’s highest import potential is China with an import gap of $530k.

See methodology.

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