Therapeutic Appliances in Canada | The Observatory of Economic Complexity

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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: United States ($409M), China ($167M), Mexico ($91.6M), Australia ($55.9M), and Singapore ($13.9M).

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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Therapeutic Appliances from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Therapeutic Appliances exports accounted up to C$22.4M and imports accounted up to C$59.3M, resulting in a negative trade balance of C$36.9M. Between January 2023 and January 2024 the exports of Canada's Therapeutic Appliances have decreased by C$-7.83M (-25.9%) from C$30.3M to C$22.4M, while imports decreased by C$-5.66M (-8.71%) from C$65M to C$59.3M.

Destinations In January 2024, Therapeutic Appliances were exported mostly to United States (C$15.2M), United Kingdom (C$1.67M), France (C$1.12M), Mexico (C$716k), and Netherlands (C$656k), and were imported mostly from China (C$16M), United States (C$15M), Australia (C$12.1M), Singapore (C$5.83M), and Mexico (C$3.39M).

Growth In January 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$-699k or -51.4%). In January 2024, the decrease in Therapeutic Appliances's year-by-year imports was explained primarily by a decrease in imports from China (C$-5.55M or -25.1%), United States (C$-2.57M or -12.1%), and Mexico (C$-1.6M or -27.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-7.83M(-25.9%)

IMPORT GROWTH (January 2023 - January 2024)C$-5.66M(-8.71%)

MAIN EXPORTER (January 2024)OntarioC$18.4M

MAIN DESTINATION (January 2024)United StatesC$15.2M

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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