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2022
Exports $43.8MWorld Rnk 17 / 198
Flag Rnk 515 / 1210
2022
Destination $4.78M United States
2021 - 2022
FASTEST GROWING MARKET $4.78MUnited States
2022
PRODUCT COMPLEXITY IN Scales0.96Rnk 184 / 1025
2022
Imports $160MWorld Rnk 6 / 220
Flag Rnk 464 / 1213
2022
Origin $2.21M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.21MMexico
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $43.8M in Scales, making it the 17th largest exporter of Scales in the world. At the same year, Scales was the 515th most exported product in Canada. The main destination of Scales exports from Canada are: United States ($31.1M), South Korea ($2.03M), Thailand ($1.72M), Germany ($1.52M), and Pakistan ($967k).

The fastest growing export markets for Scales of Canada between 2021 and 2022 were United States ($4.78M), South Korea ($1.07M), and Pakistan ($930k).

Imports In 2022, Canada imported $160M in Scales, becoming the 6th largest importer of Scales in the world. At the same year, Scales was the 464th most imported product in Canada. Canada imports Scales primarily from: United States ($81.5M), China ($37.6M), Germany ($9.85M), Mexico ($7.99M), and Japan ($5.23M).

The fastest growing import markets in Scales for Canada between 2021 and 2022 were Mexico ($2.21M), Italy ($1.94M), and Japan ($1.31M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Scales from Canada to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Canada's Scales exports accounted up to C$3.75M and imports accounted up to C$17.1M, resulting in a negative trade balance of C$13.4M. Between September 2023 and September 2024 the exports of Canada's   Scales have decreased by C$-352k (-8.58%) from C$4.11M to C$3.75M, while imports decreased by C$-539k (-3.05%) from C$17.7M to C$17.1M.

Destinations In September 2024, Scales were exported mostly to United States (C$2.77M), South Korea (C$746k), Germany (C$72k), Qatar (C$49.3k), and Australia (C$33.6k), and were imported mostly from United States (C$7.05M), China (C$3.64M), Netherlands (C$2.06M), Japan (C$1.13M), and Germany (C$1.01M).

Growth In September 2024, the decrease in Scales's year-by-year exports was explained primarily by a decrease in exports to Vietnam (C$-172k or -95.1%), Mexico (C$-18.3k or -61.5%), and Ecuador (C$-7.67k or -60.5%). In September 2024, the decrease in Scales's year-by-year imports was explained primarily by a decrease in imports from Japan (C$-1.87M or -69.7%), Mexico (C$-148k or -17.9%), and Sweden (C$-89.2k or -96.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-352k(-8.58%)
IMPORT GROWTH (September 2023 - September 2024)C$-539k(-3.05%)
MAIN EXPORTER (September 2024)OntarioC$2.84M
MAIN DESTINATION (September 2024)United StatesC$2.77M

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.8M
IMPORTS (2022)$160M
NET TRADE (2022)-$116M

In 2022, Canada exported $43.8M in Scales. The main destinations of Canada exports on Scales were United States ($31.1M), South Korea ($2.03M), Thailand ($1.72M), Germany ($1.52M), and Pakistan ($967k).

In 2022, Canada imported $160M in Scales, mainly from United States ($81.5M), China ($37.6M), Germany ($9.85M), Mexico ($7.99M), and Japan ($5.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$4.78M (18.1%)
South Korea$1.07M (112%)
Pakistan$930k (2.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Canada WERE (2021 - 2022):
Ukraine-$1.1M (-99.8%)
Russia-$812k (-100%)
Nepal-$395k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Scales were:
China $1.91B
Germany $683M
Japan $297M
In 2022, Canada's main importing competitors in Scales were:
United States $871M
Germany $296M
Netherlands $285M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.6M
TOP IMPORT POTENTIALChina+ $6.81M

Scales’s highest export potential is United States. With an export gap of $11.6M.   Scales’s highest import potential is China with an import gap of $6.81M.

See methodology.

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