2023
Exports
$583kWorld Rnk 53 / 86
Flag Rnk 1057 / 1212
2023
PRODUCT COMPLEXITY IN Tug Boats
-1.04Rnk 840 / 1025
2023
Imports
$43.5MWorld Rnk 18 / 133
Flag Rnk 710 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $583k in Tug Boats, making it the 53rd largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 1057th most exported product in Canada. The main destination of Tug Boats exports from Canada are: France ($531k), United States ($51.6k), and Cote d'Ivoire ($399).

The fastest growing export markets for Tug Boats of Canada between 2022 and 2023 were France ($531k) and Cote d'Ivoire ($399).

Imports In 2023, Canada imported $43.5M in Tug Boats, becoming the 18th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 710th most imported product in Canada. Canada imports Tug Boats primarily from: Turkey ($35.3M), Vietnam ($6.92M), Belgium ($560k), United States ($408k), and Italy ($309k).

The fastest growing import markets in Tug Boats for Canada between 2022 and 2023 were Turkey ($29.2M), Belgium ($560k), and Italy ($309k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - November 2024)C$474k(1.32k%)
IMPORT GROWTH (June 2023 - December 2024)C$-395k(-99.4%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)

This section shows Tug Boats'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 Tug Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$583k
IMPORTS (2023)$43.5M
NET TRADE (2023)-$42.9M

In 2023, Canada exported $583k in Tug Boats. The main destinations of Canada exports on Tug Boats were France ($531k), United States ($51.6k), and Cote d'Ivoire ($399).

In 2023, Canada imported $43.5M in Tug Boats, mainly from Turkey ($35.3M), Vietnam ($6.92M), Belgium ($560k), United States ($408k), and Italy ($309k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Canada WERE (2022 - 2023):
France$531k (1%)
Cote d'Ivoire$399 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Canada WERE (2022 - 2023):
United States-$522k (-91%)
Philippines-$211 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Tug Boats were:
In 2023, Canada's main importing competitors in Tug Boats were:

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.6k
TOP IMPORT POTENTIALUnited States+ $856k

Tug Boats’s highest export potential is United States. With an export gap of $63.6k.   Tug Boats’s highest import potential is United States with an import gap of $856k.

See methodology.

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