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2022
Exports $1.26BWorld Rnk 11 / 221
Flag Rnk 70 / 1210
2022
Destination $27.3M United States
2021 - 2022
FASTEST GROWING MARKET $27.3MChina
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.54Rnk 44 / 1025
2022
Imports $922MWorld Rnk 16 / 226
Flag Rnk 134 / 1213
2022
Origin $77.3MN/A
2021 - 2022
FASTEST GROWING ORIGIN $77.3MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.26B in Other Measuring Instruments, making it the 11th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 70th most exported product in Canada. The main destination of Other Measuring Instruments exports from Canada are: United States ($569M), China ($182M), Japan ($82.5M), Germany ($76.9M), and South Korea ($37.2M).

The fastest growing export markets for Other Measuring Instruments of Canada between 2021 and 2022 were China ($27.3M), United States ($26.8M), and Japan ($14.5M).

Imports In 2022, Canada imported $922M in Other Measuring Instruments, becoming the 16th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 134th most imported product in Canada. Canada imports Other Measuring Instruments primarily from: N/A.

The fastest growing import markets in Other Measuring Instruments for Canada between 2021 and 2022 were United States ($77.3M), Germany ($14.3M), and India ($9.43M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (5) were at the forefront of shipping Other Measuring Instruments from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Measuring Instruments exports accounted up to C$131M and imports accounted up to C$115M, resulting in a positive trade balance of C$15.6M. Between June 2023 and June 2024 the exports of Canada's   Other Measuring Instruments have decreased by C$-7.21M (-5.23%) from C$138M to C$131M, while imports increased by C$23.5M (25.7%) from C$91.6M to C$115M.

Destinations In June 2024, Other Measuring Instruments were exported mostly to United States (C$62M), China (C$20.4M), Japan (C$8.82M), South Korea (C$7.47M), and Germany (C$6.78M), and were imported mostly from United States (C$44.3M), Germany (C$12.7M), China (C$10.1M), Japan (C$8.52M), and Austria (C$6.11M).

Growth In June 2024, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to Brazil (C$-1.57M or -88%), Spain (C$-1.31M or -54.8%), and United Kingdom (C$-320k or -27.2%). In June 2024, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from United States (C$8.88M or 29.1%), Germany (C$4.96M or 66.2%), and China (C$3.25M or 40.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-7.21M(-5.23%)
IMPORT GROWTH (June 2023 - June 2024)C$23.5M(25.7%)
MAIN EXPORTER (June 2024)OntarioC$78.7M
MAIN DESTINATION (June 2024)United StatesC$62M

This section shows Other Measuring Instruments'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 Other Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.26B
IMPORTS (2022)$922M
NET TRADE (2022)$338M

In 2022, Canada exported $1.26B in Other Measuring Instruments. The main destinations of Canada exports on Other Measuring Instruments were United States ($569M), China ($182M), Japan ($82.5M), Germany ($76.9M), and South Korea ($37.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Canada WERE (2021 - 2022):
China$27.3M (17.6%)
United States$26.8M (4.94%)
Japan$14.5M (21.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Canada WERE (2021 - 2022):
Ukraine-$5.99M (-98.4%)
Canada-$4.32M (-14.2%)
Italy-$4.12M (-20.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Measuring Instruments were:
Germany $8.71B
United States $7.13B
China $6.9B
In 2022, Canada's main importing competitors in Other Measuring Instruments were:
China $10.8B
United States $6.69B
Germany $3.73B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $199M
TOP IMPORT POTENTIALUnited States+ $98.9M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $199M.   Other Measuring Instruments’s highest import potential is United States with an import gap of $98.9M.

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