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2022
Exports $407MWorld Rnk 12 / 194
Flag Rnk 197 / 1210
2022
Destination $34.1M United States
2021 - 2022
FASTEST GROWING MARKET $34.1MUnited States
2022
PRODUCT COMPLEXITY IN Stone Processing Machines0.41Rnk 405 / 1025
2022
Imports $831MWorld Rnk 3 / 223
Flag Rnk 144 / 1213
2022
Origin $33.4M United States
2021 - 2022
FASTEST GROWING ORIGIN $33.4MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $407M in Stone Processing Machines, making it the 12th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 197th most exported product in Canada. The main destination of Stone Processing Machines exports from Canada are: United States ($281M), Peru ($13.6M), United Kingdom ($11M), India ($10.9M), and Georgia ($6.71M).

The fastest growing export markets for Stone Processing Machines of Canada between 2021 and 2022 were United States ($34.1M), India ($6.35M), and Georgia ($5.34M).

Imports In 2022, Canada imported $831M in Stone Processing Machines, becoming the 3rd largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 144th most imported product in Canada. Canada imports Stone Processing Machines primarily from: United States ($393M), China ($98M), United Kingdom ($58.1M), Germany ($31.5M), and South Africa ($29.4M).

The fastest growing import markets in Stone Processing Machines for Canada between 2021 and 2022 were United States ($33.4M), China ($19.1M), and South Africa ($17.4M).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Stone Processing Machines exports accounted up to C$35.5M and imports accounted up to C$96.9M, resulting in a negative trade balance of C$61.4M. Between September 2023 and September 2024 the exports of Canada's   Stone Processing Machines have decreased by C$-21.9M (-38.2%) from C$57.4M to C$35.5M, while imports decreased by C$-5.11M (-5.01%) from C$102M to C$96.9M.

Destinations In September 2024, Stone Processing Machines were exported mostly to United States (C$22.8M), Ghana (C$2.36M), Dominican Republic (C$1.22M), United Kingdom (C$898k), and Belgium (C$814k), and were imported mostly from United States (C$36.2M), China (C$25M), United Kingdom (C$5.97M), Germany (C$5.27M), and Peru (C$5.1M).

Growth In September 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Dominican Republic (C$-1.78M or -87.9%), Peru (C$-1.6M or -86.2%), and South Africa (C$-913k or -97.4%). In September 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from Malaysia (C$-786k or -82.8%), Turkey (C$-707k or -44.3%), and Thailand (C$-349k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-21.9M(-38.2%)
IMPORT GROWTH (September 2023 - September 2024)C$-5.11M(-5.01%)
MAIN EXPORTER (September 2024)OntarioC$25.3M
MAIN DESTINATION (September 2024)United StatesC$22.8M

This section shows Stone Processing 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 Stone Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$407M
IMPORTS (2022)$831M
NET TRADE (2022)-$423M

In 2022, Canada exported $407M in Stone Processing Machines. The main destinations of Canada exports on Stone Processing Machines were United States ($281M), Peru ($13.6M), United Kingdom ($11M), India ($10.9M), and Georgia ($6.71M).

In 2022, Canada imported $831M in Stone Processing Machines, mainly from United States ($393M), China ($98M), United Kingdom ($58.1M), Germany ($31.5M), and South Africa ($29.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$34.1M (13.8%)
India$6.35M (141%)
Georgia$5.34M (390%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Canada WERE (2021 - 2022):
Peru-$5.23M (-27.8%)
Mali-$5.16M (-76.7%)
Australia-$3.68M (-53.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Canada's main importing competitors in Stone Processing Machines were:
United States $2.34B
Germany $840M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $64.5M
TOP IMPORT POTENTIALChina+ $32.1M

Stone Processing Machines’s highest export potential is United States. With an export gap of $64.5M.   Stone Processing Machines’s highest import potential is China with an import gap of $32.1M.

See methodology.

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