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2022
Exports $51.4MWorld Rnk 9 / 127
Flag Rnk 489 / 1210
2022
Destination $4.57M United States
2021 - 2022
FASTEST GROWING MARKET $4.57MColombia
2022
PRODUCT COMPLEXITY IN Vending Machines0.65Rnk 296 / 1025
2022
Imports $50.7MWorld Rnk 10 / 202
Flag Rnk 695 / 1213
2022
Origin $2.39M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.39MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $51.4M in Vending Machines, making it the 9th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 489th most exported product in Canada. The main destination of Vending Machines exports from Canada are: United States ($35.3M), Colombia ($4.57M), Brazil ($3.56M), United Arab Emirates ($2.13M), and Spain ($1.59M).

The fastest growing export markets for Vending Machines of Canada between 2021 and 2022 were Colombia ($4.57M), Brazil ($3.52M), and Spain ($973k).

Imports In 2022, Canada imported $50.7M in Vending Machines, becoming the 10th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 695th most imported product in Canada. Canada imports Vending Machines primarily from: United States ($30.7M), China ($6.37M), Italy ($5M), France ($1.81M), and Spain ($1.48M).

The fastest growing import markets in Vending Machines for Canada between 2021 and 2022 were China ($2.39M), Italy ($2.16M), and France ($1.55M).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Vending Machines exports accounted up to C$2.26M and imports accounted up to C$4.38M, resulting in a negative trade balance of C$2.12M. Between July 2023 and July 2024 the exports of Canada's   Vending Machines have decreased by C$-405k (-15.2%) from C$2.66M to C$2.26M, while imports decreased by C$-3.55M (-44.8%) from C$7.93M to C$4.38M.

Destinations In July 2024, Vending Machines were exported mostly to United States (C$2.01M), Jamaica (C$50.2k), Bahamas (C$47.9k), Netherlands (C$32.4k), and United Kingdom (C$31.7k), and were imported mostly from United States (C$2.23M), China (C$719k), Italy (C$638k), France (C$480k), and Israel (C$122k).

Growth In July 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (C$-76.2k or -65.5%). In July 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from Spain (C$-114k or -97.7%), France (C$-67.3k or -95.2%), and Chinese Taipei (C$-45.7k or -93.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-405k(-15.2%)
IMPORT GROWTH (July 2023 - July 2024)C$-3.55M(-44.8%)
MAIN EXPORTER (July 2024)OntarioC$2.87M
MAIN DESTINATION (July 2024)United StatesC$2.01M

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.4M
IMPORTS (2022)$50.7M
NET TRADE (2022)$666k

In 2022, Canada exported $51.4M in Vending Machines. The main destinations of Canada exports on Vending Machines were United States ($35.3M), Colombia ($4.57M), Brazil ($3.56M), United Arab Emirates ($2.13M), and Spain ($1.59M).

In 2022, Canada imported $50.7M in Vending Machines, mainly from United States ($30.7M), China ($6.37M), Italy ($5M), France ($1.81M), and Spain ($1.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Colombia$4.57M (1%)
Brazil$3.52M (10.1k%)
Spain$973k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Canada WERE (2021 - 2022):
United States-$6.04M (-14.6%)
Romania-$422k (-63%)
France-$392k (-52%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Vending Machines were:
Italy $419M
China $384M
United States $89.1M
In 2022, Canada's main importing competitors in Vending Machines were:
United States $248M
France $149M
Germany $137M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.38M
TOP IMPORT POTENTIALChina+ $2.05M

Vending Machines’s highest export potential is United States. With an export gap of $5.38M.   Vending Machines’s highest import potential is China with an import gap of $2.05M.

See methodology.

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