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2022
Exports $225MWorld Rnk 28 / 216
Flag Rnk 255 / 1210
2022
Destination $14.4M United States
2021 - 2022
FASTEST GROWING MARKET $14.4MUnited States
2022
PRODUCT COMPLEXITY IN Microphones and Headphones0.78Rnk 254 / 1025
2022
Imports $1.58BWorld Rnk 10 / 222
Flag Rnk 75 / 1213
2022
Origin $20.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $20.2MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $225M in Microphones and Headphones, making it the 28th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 255th most exported product in Canada. The main destination of Microphones and Headphones exports from Canada are: United States ($174M), China ($5.72M), Australia ($3.61M), Netherlands ($3.45M), and Germany ($2.65M).

The fastest growing export markets for Microphones and Headphones of Canada between 2021 and 2022 were United States ($14.4M), India ($1.13M), and Australia ($1.07M).

Imports In 2022, Canada imported $1.58B in Microphones and Headphones, becoming the 10th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 75th most imported product in Canada. Canada imports Microphones and Headphones primarily from: United States ($612M), China ($543M), Vietnam ($192M), Mexico ($68.3M), and Malaysia ($48.3M).

The fastest growing import markets in Microphones and Headphones for Canada between 2021 and 2022 were United States ($20.2M), Mexico ($10.7M), and Thailand ($7.79M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (3) were at the forefront of shipping Microphones and Headphones from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Microphones and Headphones exports accounted up to C$16M and imports accounted up to C$170M, resulting in a negative trade balance of C$154M. Between June 2023 and June 2024 the exports of Canada's   Microphones and Headphones have increased by C$7.07M (79.6%) from C$8.89M to C$16M, while imports decreased by C$-3.64M (-2.09%) from C$174M to C$170M.

Destinations In June 2024, Microphones and Headphones were exported mostly to United States (C$8.01M), France (C$1.54M), China (C$1.35M), Oman (C$803k), and Belgium (C$671k), and were imported mostly from China (C$72.8M), Vietnam (C$46M), United States (C$15.3M), Malaysia (C$9.44M), and Mexico (C$7.2M).

Growth In June 2024, the increase in Microphones and Headphones's year-by-year exports was explained primarily by an increase in exports to United States (C$1.83M or 32.7%), Belgium (C$394k or 292%), and Germany (C$255k or 383%). In June 2024, the decrease in Microphones and Headphones's year-by-year imports was explained primarily by a decrease in imports from Vietnam (C$-7.06M or -21.1%), Australia (C$-652k or -83.6%), and United Kingdom (C$-376k or -41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$7.07M(79.6%)
IMPORT GROWTH (June 2023 - June 2024)C$-3.64M(-2.09%)
MAIN EXPORTER (June 2024)OntarioC$11M
MAIN DESTINATION (June 2024)United StatesC$8.01M

This section shows Microphones and Headphones'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 Microphones and Headphones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$1.58B
NET TRADE (2022)-$1.35B

In 2022, Canada exported $225M in Microphones and Headphones. The main destinations of Canada exports on Microphones and Headphones were United States ($174M), China ($5.72M), Australia ($3.61M), Netherlands ($3.45M), and Germany ($2.65M).

In 2022, Canada imported $1.58B in Microphones and Headphones, mainly from United States ($612M), China ($543M), Vietnam ($192M), Mexico ($68.3M), and Malaysia ($48.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$14.4M (9.03%)
India$1.13M (289%)
Australia$1.07M (42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY Canada WERE (2021 - 2022):
China-$2.38M (-29.4%)
Russia-$898k (-89.3%)
Qatar-$731k (-73.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Microphones and Headphones were:
China $24.4B
Vietnam $3.65B
Germany $2.71B
In 2022, Canada's main importing competitors in Microphones and Headphones were:
United States $8.8B
Germany $3.45B
China $3.34B

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Trade Value of Microphones and Headphones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109M
TOP IMPORT POTENTIALUnited States+ $73.4M

Microphones and Headphones’s highest export potential is United States. With an export gap of $109M.   Microphones and Headphones’s highest import potential is United States with an import gap of $73.4M.

See methodology.

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