2023
Exports
$1.44MWorld Rnk 46 / 124
Flag Rnk 968 / 1212
2023
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.1Rnk 589 / 1025
2023
Imports
$12.9MWorld Rnk 29 / 176
Flag Rnk 903 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.44M in Tobacco Processing Machines, making it the 46th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 968th most exported product in Canada. The main destination of Tobacco Processing Machines exports from Canada are: Italy ($635k), Saudi Arabia ($421k), United States ($202k), Georgia ($58.2k), and South Africa ($30.2k).

The fastest growing export markets for Tobacco Processing Machines of Canada between 2022 and 2023 were Italy ($628k), Saudi Arabia ($319k), and Georgia ($58.2k).

Imports In 2023, Canada imported $12.9M in Tobacco Processing Machines, becoming the 29th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 903rd most imported product in Canada. Canada imports Tobacco Processing Machines primarily from: United States ($4.2M), Germany ($3.72M), Malaysia ($1.26M), Hungary ($827k), and Luxembourg ($725k).

The fastest growing import markets in Tobacco Processing Machines for Canada between 2022 and 2023 were Germany ($2.6M), Malaysia ($1.26M), and Hungary ($755k).

COMPANIES In 2024, leading companies such as CNH Industrial (1) were at the forefront of shipping Tobacco Processing Machines from Canada to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - December 2024)C$-15.8k(-59.6%)
IMPORT GROWTH (December 2023 - December 2024)C$-898k(-69.9%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$10.7k

This section shows Tobacco 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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.44M
IMPORTS (2023)$12.9M
NET TRADE (2023)-$11.5M

In 2023, Canada exported $1.44M in Tobacco Processing Machines. The main destinations of Canada exports on Tobacco Processing Machines were Italy ($635k), Saudi Arabia ($421k), United States ($202k), Georgia ($58.2k), and South Africa ($30.2k).

In 2023, Canada imported $12.9M in Tobacco Processing Machines, mainly from United States ($4.2M), Germany ($3.72M), Malaysia ($1.26M), Hungary ($827k), and Luxembourg ($725k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Italy$628k (8.17k%)
Saudi Arabia$319k (313%)
Georgia$58.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Canada WERE (2022 - 2023):
United States-$222k (-52.4%)
Netherlands-$13.1k (-100%)
Austria-$7.62k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Tobacco Processing Machines were:
In 2023, Canada's main importing competitors in Tobacco Processing Machines were:

Explore Visualizations

Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $488k
TOP IMPORT POTENTIALUnited States+ $484k

Tobacco Processing Machines’s highest export potential is United States. With an export gap of $488k.   Tobacco Processing Machines’s highest import potential is United States with an import gap of $484k.

See methodology.

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