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2022
Exports $98.3MWorld Rnk 27 / 209
FlagN/A
2022
Destination $13.5MN/A
2021 - 2022
FASTEST GROWING MARKET $13.5MUnited States
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.62Rnk 310 / 1025
2022
Imports $576MWorld Rnk 7 / 223
FlagN/A
2022
Origin $79.6M United States
2021 - 2022
FASTEST GROWING ORIGIN $79.6MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

The fastest growing export markets for Electrical Ignitions of Canada between 2021 and 2022 were United States ($13.5M), Canada ($3.37M), and Italy ($1.45M).

Imports In 2022, Canada imported $576M in Electrical Ignitions, becoming the 7th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the N/A most imported product in Canada. Canada imports Electrical Ignitions primarily from: United States ($357M), Mexico ($76.3M), China ($49.6M), Japan ($28.5M), and Canada ($13.7M).

The fastest growing import markets in Electrical Ignitions for Canada between 2021 and 2022 were United States ($79.6M), China ($12.8M), and Canada ($3.37M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Electrical Ignitions exports accounted up to C$5.2M and imports accounted up to C$65.5M, resulting in a negative trade balance of C$60.3M. Between June 2023 and June 2024 the exports of Canada's   Electrical Ignitions have increased by C$444k (9.34%) from C$4.75M to C$5.2M, while imports decreased by C$-8.8M (-11.8%) from C$74.3M to C$65.5M.

Destinations In June 2024, Electrical Ignitions were exported mostly to United States (C$4.53M), Thailand (C$223k), Italy (C$161k), China (C$94k), and Dominican Republic (C$45.1k), and were imported mostly from United States (C$32.9M), Mexico (C$10.2M), China (C$6.58M), Japan (C$6.56M), and Turkey (C$1.52M).

Growth In June 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to United States (C$1.68M or 64.8%), Mexico (C$129k or 7.71k%), and Netherlands (C$38.3k or 189%). In June 2024, the decrease in Electrical Ignitions's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$444k(9.34%)
IMPORT GROWTH (June 2023 - June 2024)C$-8.8M(-11.8%)
MAIN DESTINATION (June 2024)United StatesC$4.53M

This section shows Electrical Ignitions'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 Electrical Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.3M
IMPORTS (2022)$576M
NET TRADE (2022)-$477M

In 2022, Canada imported $576M in Electrical Ignitions, mainly from United States ($357M), Mexico ($76.3M), China ($49.6M), Japan ($28.5M), and Canada ($13.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$13.5M (32.2%)
Canada$3.37M (32.6%)
Italy$1.45M (232%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Canada WERE (2021 - 2022):
Turkey-$1.12M (-88.4%)
China-$1.02M (-47.2%)
South Korea-$725k (-51.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main importing competitors in Electrical Ignitions were:
United States $4.44B
Germany $2.05B
Mexico $1.66B

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Electrical Ignitions’s highest export potential is N/A. With an export gap of N/A.   Electrical Ignitions’s highest import potential is N/A with an import gap of N/A.

See methodology.

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