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2022
Exports $385MWorld Rnk 10 / 183
Flag Rnk 200 / 1210
2022
Destination $30.2M United States
2021 - 2022
FASTEST GROWING MARKET $30.2MUnited States
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $800MWorld Rnk 5 / 221
Flag Rnk 148 / 1213
2022
Origin $19.3MN/A
2021 - 2022
FASTEST GROWING ORIGIN $19.3MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $385M in Therapeutic Appliances, making it the 10th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 200th most exported product in Canada. The main destination of Therapeutic Appliances exports from Canada are: United States ($234M), United Kingdom ($36.1M), France ($23.8M), Germany ($13.4M), and India ($12.7M).

The fastest growing export markets for Therapeutic Appliances of Canada between 2021 and 2022 were United States ($30.2M), Germany ($5.52M), and Mexico ($1.66M).

Imports In 2022, Canada imported $800M in Therapeutic Appliances, becoming the 5th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 148th most imported product in Canada. Canada imports Therapeutic Appliances primarily from: N/A.

The fastest growing import markets in Therapeutic Appliances for Canada between 2021 and 2022 were United States ($19.3M), Australia ($7.71M), and Mexico ($6.56M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Therapeutic Appliances exports accounted up to C$33.9M and imports accounted up to C$63.9M, resulting in a negative trade balance of C$30M. Between August 2023 and August 2024 the exports of Canada's   Therapeutic Appliances have decreased by C$-1.7M (-4.77%) from C$35.6M to C$33.9M, while imports increased by C$1.26M (2.01%) from C$62.7M to C$63.9M.

Destinations In August 2024, Therapeutic Appliances were exported mostly to United States (C$20.6M), United Kingdom (C$2.81M), Germany (C$2.55M), France (C$1.38M), and India (C$1.15M), and were imported mostly from United States (C$22.4M), China (C$16.7M), Australia (C$6.64M), Singapore (C$5.65M), and Mexico (C$5.27M).

Growth In August 2024, the decrease in Therapeutic Appliances's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (C$-2.07M or -45.6%), France (C$-873k or -25%), and Netherlands (C$-699k or -51.4%). In August 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Australia (C$9.58M or 209%), Romania (C$534k or 80.1k%), and Singapore (C$497k or 23.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-1.7M(-4.77%)
IMPORT GROWTH (August 2023 - August 2024)C$1.26M(2.01%)
MAIN EXPORTER (August 2024)OntarioC$27.6M
MAIN DESTINATION (August 2024)United StatesC$20.6M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$385M
IMPORTS (2022)$800M
NET TRADE (2022)-$415M

In 2022, Canada exported $385M in Therapeutic Appliances. The main destinations of Canada exports on Therapeutic Appliances were United States ($234M), United Kingdom ($36.1M), France ($23.8M), Germany ($13.4M), and India ($12.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$30.2M (14.8%)
Germany$5.52M (69.8%)
Mexico$1.66M (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Canada WERE (2021 - 2022):
United Kingdom-$8.97M (-19.9%)
France-$5.5M (-18.7%)
Sweden-$1.67M (-24.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Therapeutic Appliances were:
China $7.26B
United States $1.93B
Singapore $1.49B
In 2022, Canada's main importing competitors in Therapeutic Appliances were:
United States $5.9B
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $105M
TOP IMPORT POTENTIALChina+ $25.2M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $105M.   Therapeutic Appliances’s highest import potential is China with an import gap of $25.2M.

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