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2023
Exports $60.8MWorld Rnk 8 / 129
Flag Rnk 459 / 1212
2023
Destination $6.03M United States
2022 - 2023
FASTEST GROWING MARKET $6.03MSpain
2023
PRODUCT COMPLEXITY IN Vending Machines0.74Rnk 269 / 1025
2023
Imports $67.1MWorld Rnk 10 / 196
Flag Rnk 620 / 1211
2023
Origin $6.25M United States
2022 - 2023
FASTEST GROWING ORIGIN $6.25MChina
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $60.8M in Vending Machines, making it the 8th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 459th most exported product in Canada. The main destination of Vending Machines exports from Canada are: United States ($37.9M), Spain ($7.51M), Brazil ($5.74M), France ($1.89M), and Mexico ($1.76M).

The fastest growing export markets for Vending Machines of Canada between 2022 and 2023 were Spain ($6.03M), United States ($4.09M), and Brazil ($2.57M).

Imports In 2023, Canada imported $67.1M in Vending Machines, becoming the 10th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 620th most imported product in Canada. Canada imports Vending Machines primarily from: United States ($34.3M), China ($12M), Italy ($7.89M), Indonesia ($4.43M), and Israel ($1.61M).

The fastest growing import markets in Vending Machines for Canada between 2022 and 2023 were China ($6.25M), United States ($5.62M), and Indonesia ($4.43M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Vending Machines exports accounted up to C$4.14M and imports accounted up to C$6.9M, resulting in a negative trade balance of C$2.76M. Between December 2023 and December 2024 the exports of Canada's   Vending Machines have increased by C$207k (5.26%) from C$3.93M to C$4.14M, while imports decreased by C$-707k (-9.3%) from C$7.61M to C$6.9M.

Destinations In December 2024, Vending Machines were exported mostly to United States (C$2.32M), Slovenia (C$756k), Spain (C$631k), Germany (C$174k), and India (C$116k), and were imported mostly from United States (C$4.31M), China (C$1.12M), France (C$442k), Spain (C$253k), and Switzerland (C$162k).

Growth In December 2024, the increase in Vending Machines's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$3.23k or 8.05%). In December 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from Italy (C$-611k or -43.9%), Israel (C$-269k or -67.9%), and United Kingdom (C$-173k or -99.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$207k(5.26%)
IMPORT GROWTH (December 2023 - December 2024)C$-707k(-9.3%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$2.32M

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 (2023)$60.8M
IMPORTS (2023)$67.1M
NET TRADE (2023)-$6.33M

In 2023, Canada exported $60.8M in Vending Machines. The main destinations of Canada exports on Vending Machines were United States ($37.9M), Spain ($7.51M), Brazil ($5.74M), France ($1.89M), and Mexico ($1.76M).

In 2023, Canada imported $67.1M in Vending Machines, mainly from United States ($34.3M), China ($12M), Italy ($7.89M), Indonesia ($4.43M), and Israel ($1.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Spain$6.03M (409%)
United States$4.09M (12.1%)
Brazil$2.57M (81.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Canada WERE (2022 - 2023):
Colombia-$4.54M (-93.1%)
United Arab Emirates-$1.24M (-99.1%)
Singapore-$329k (-56.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Vending Machines were:
Italy $454M
China $330M
Germany $152M
In 2023, Canada's main importing competitors in Vending Machines were:
United States $257M
France $156M
United Kingdom $135M

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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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