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2023
Exports $277MWorld Rnk 12 / 192
Flag Rnk 233 / 1212
2023
Destination $3.63M United States
2022 - 2023
FASTEST GROWING MARKET $3.63MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Therapeutic Appliances0.45Rnk 385 / 1025
2023
Imports $673MWorld Rnk 6 / 220
Flag Rnk 163 / 1211
2023
Origin $119M United States
2022 - 2023
FASTEST GROWING ORIGIN $119MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $277M in Therapeutic Appliances, making it the 12th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 233rd most exported product in Canada. The main destination of Therapeutic Appliances exports from Canada are: United States ($172M), United Kingdom ($20.3M), Germany ($13.7M), India ($10.4M), and France ($7.4M).

The fastest growing export markets for Therapeutic Appliances of Canada between 2022 and 2023 were Saudi Arabia ($3.63M), Ukraine ($851k), and Chinese Taipei ($771k).

Imports In 2023, Canada imported $673M in Therapeutic Appliances, becoming the 6th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 163rd most imported product in Canada. Canada imports Therapeutic Appliances primarily from: United States ($369M), China ($163M), Mexico ($48.9M), Singapore ($25M), and France ($13.8M).

The fastest growing import markets in Therapeutic Appliances for Canada between 2022 and 2023 were United States ($119M), France ($12.3M), and Singapore ($9.73M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Therapeutic Appliances exports accounted up to C$30.2M and imports accounted up to C$66.7M, resulting in a negative trade balance of C$36.5M. Between December 2023 and December 2024 the exports of Canada's   Therapeutic Appliances have increased by C$973k (3.33%) from C$29.2M to C$30.2M, while imports decreased by C$-6.53M (-8.91%) from C$73.3M to C$66.7M.

Destinations In December 2024, Therapeutic Appliances were exported mostly to United States (C$14.8M), Ukraine (C$4.9M), Germany (C$1.93M), United Kingdom (C$1.8M), and France (C$1.41M), and were imported mostly from United States (C$19.2M), China (C$17.7M), Australia (C$10.7M), Singapore (C$8.9M), and Mexico (C$5.27M).

Growth In December 2024, the increase in Therapeutic Appliances's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (C$289k or 1.43k%), Turkey (C$127k or 167%), and Hungary (C$96.7k or 2.17k%). In December 2024, the decrease in Therapeutic Appliances's year-by-year imports was explained primarily by a decrease in imports from United States (C$-3.6M or -19.3%), Australia (C$-2.08M or -14.7%), and Sweden (C$-1.13M or -94.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$973k(3.33%)
IMPORT GROWTH (December 2023 - December 2024)C$-6.53M(-8.91%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$14.8M

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 (2023)$277M
IMPORTS (2023)$673M
NET TRADE (2023)-$396M

In 2023, Canada exported $277M in Therapeutic Appliances. The main destinations of Canada exports on Therapeutic Appliances were United States ($172M), United Kingdom ($20.3M), Germany ($13.7M), India ($10.4M), and France ($7.4M).

In 2023, Canada imported $673M in Therapeutic Appliances, mainly from United States ($369M), China ($163M), Mexico ($48.9M), Singapore ($25M), and France ($13.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Saudi Arabia$3.63M (894%)
Ukraine$851k (976%)
Chinese Taipei$771k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Canada WERE (2022 - 2023):
United States-$49.3M (-22.2%)
United Kingdom-$16.8M (-45.3%)
Norway-$2.92M (-54.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Therapeutic Appliances were:
China $5.92B
Singapore $1.83B
United States $1.67B
In 2023, Canada's main importing competitors in Therapeutic Appliances were:
United States $5.82B
Netherlands $1.15B
Germany $1.08B

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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.

See methodology.

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