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2023
Exports $8.51MWorld Rnk 46 / 102
Flag Rnk 765 / 1212
2023
Destination $97.5k United States
2022 - 2023
FASTEST GROWING MARKET $97.5kMozambique
2023
PRODUCT COMPLEXITY IN Special Purpose Ships-1.33Rnk 907 / 1025
2023
Imports $49.9MWorld Rnk 39 / 174
Flag Rnk 680 / 1211
2023
Origin $10.3M United States
2022 - 2023
FASTEST GROWING ORIGIN $10.3MEstonia
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $8.51M in Special Purpose Ships, making it the 46th largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 765th most exported product in Canada. The main destination of Special Purpose Ships exports from Canada are: United States ($7.16M), Netherlands ($1.19M), Mozambique ($97.5k), Argentina ($39.2k), and Ecuador ($17.3k).

The fastest growing export markets for Special Purpose Ships of Canada between 2022 and 2023 were Mozambique ($97.5k), Argentina ($26.3k), and Netherlands ($20.5k).

Imports In 2023, Canada imported $49.9M in Special Purpose Ships, becoming the 39th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 680th most imported product in Canada. Canada imports Special Purpose Ships primarily from: United States ($27.1M), Estonia ($13.5M), Netherlands ($5.02M), Poland ($4.08M), and China ($129k).

The fastest growing import markets in Special Purpose Ships for Canada between 2022 and 2023 were Estonia ($10.3M), Netherlands ($5.02M), and Poland ($4.08M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Special Purpose Ships exports accounted up to C$701k and imports accounted up to C$164k, resulting in a positive trade balance of C$537k. Between December 2023 and December 2024 the exports of Canada's   Special Purpose Ships have increased by C$656k (1.45k%) from C$45.2k to C$701k, while imports decreased by C$-6.13M (-97.4%) from C$6.29M to C$164k.

Destinations In December 2024, Special Purpose Ships were exported mostly to United States (C$701k), and were imported mostly from United States (C$164k).

Growth In December 2024, the increase in Special Purpose Ships's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the decrease in Special Purpose Ships's year-by-year imports was explained primarily by a decrease in imports from United States (C$-481k or -72.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$656k(1.45k%)
IMPORT GROWTH (December 2023 - December 2024)C$-6.13M(-97.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$701k

This section shows Special Purpose Ships'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 Special Purpose Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.51M
IMPORTS (2023)$49.9M
NET TRADE (2023)-$41.4M

In 2023, Canada exported $8.51M in Special Purpose Ships. The main destinations of Canada exports on Special Purpose Ships were United States ($7.16M), Netherlands ($1.19M), Mozambique ($97.5k), Argentina ($39.2k), and Ecuador ($17.3k).

In 2023, Canada imported $49.9M in Special Purpose Ships, mainly from United States ($27.1M), Estonia ($13.5M), Netherlands ($5.02M), Poland ($4.08M), and China ($129k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Mozambique$97.5k (1%)
Argentina$26.3k (204%)
Netherlands$20.5k (1.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Canada WERE (2022 - 2023):
Kuwait-$5.67M (-100%)
Mexico-$2.47M (-100%)
United States-$1.98M (-21.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Special Purpose Ships were:
China $4.47B
Saudi Arabia $2.03B
Singapore $1.78B
In 2023, Canada's main importing competitors in Special Purpose Ships were:
Singapore $2.65B
United Arab Emirates $1.96B
India $1.28B

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.9M
TOP IMPORT POTENTIALUnited States+ $7.3M

Special Purpose Ships’s highest export potential is United States. With an export gap of $7.9M.   Special Purpose Ships’s highest import potential is United States with an import gap of $7.3M.

See methodology.

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