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2022
Exports $5.74MWorld Rnk 23 / 133
Flag Rnk 849 / 1210
2022
Destination $1.18M United States
2021 - 2022
FASTEST GROWING MARKET $1.18MUnited States
2022
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories0.98Rnk 178 / 1025
2022
Imports $13.3MWorld Rnk 21 / 199
Flag Rnk 914 / 1213
2022
Origin $2.01M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.01MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $5.74M in Audio and Video Recording Accessories, making it the 23rd largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 849th most exported product in Canada. The main destination of Audio and Video Recording Accessories exports from Canada are: United States ($2.36M), Chinese Taipei ($1.2M), United Kingdom ($533k), Spain ($400k), and Italy ($278k).

The fastest growing export markets for Audio and Video Recording Accessories of Canada between 2021 and 2022 were United States ($1.18M), Spain ($390k), and United Kingdom ($247k).

Imports In 2022, Canada imported $13.3M in Audio and Video Recording Accessories, becoming the 21st largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 914th most imported product in Canada. Canada imports Audio and Video Recording Accessories primarily from: United States ($4.78M), China ($4.03M), Denmark ($1.57M), Japan ($467k), and Thailand ($310k).

The fastest growing import markets in Audio and Video Recording Accessories for Canada between 2021 and 2022 were China ($2.01M), Denmark ($1.31M), and United States ($666k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Audio and Video Recording Accessories exports accounted up to C$194k and imports accounted up to C$1.29M, resulting in a negative trade balance of C$1.1M. Between June 2023 and June 2024 the exports of Canada's   Audio and Video Recording Accessories have increased by C$92.3k (90.6%) from C$102k to C$194k, while imports increased by C$194k (17.7%) from C$1.1M to C$1.29M.

Destinations In June 2024, Audio and Video Recording Accessories were exported mostly to United States (C$135k), Germany (C$20.3k), United Kingdom (C$15.5k), United Arab Emirates (C$8.63k), and France (C$3.84k), and were imported mostly from China (C$462k), Chinese Taipei (C$192k), United States (C$166k), Denmark (C$139k), and Japan (C$80.9k).

Growth In June 2024, the increase in Audio and Video Recording Accessories's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Audio and Video Recording Accessories's year-by-year imports was explained primarily by an increase in imports from United States (C$58.2k or 137%), Germany (C$33.5k or 168%), and United Kingdom (C$22.1k or 168%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$92.3k(90.6%)
IMPORT GROWTH (June 2023 - June 2024)C$194k(17.7%)
MAIN EXPORTER (June 2024)OntarioC$638k
MAIN DESTINATION (June 2024)United StatesC$135k

This section shows Audio and Video Recording Accessories'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 Audio and Video Recording Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.74M
IMPORTS (2022)$13.3M
NET TRADE (2022)-$7.51M

In 2022, Canada exported $5.74M in Audio and Video Recording Accessories. The main destinations of Canada exports on Audio and Video Recording Accessories were United States ($2.36M), Chinese Taipei ($1.2M), United Kingdom ($533k), Spain ($400k), and Italy ($278k).

In 2022, Canada imported $13.3M in Audio and Video Recording Accessories, mainly from United States ($4.78M), China ($4.03M), Denmark ($1.57M), Japan ($467k), and Thailand ($310k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.18M (100%)
Spain$390k (3.75k%)
United Kingdom$247k (86.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Canada WERE (2021 - 2022):
Chinese Taipei-$82.4k (-6.45%)
Cuba-$63.2k (-91.4%)
Norway-$42.5k (-95.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Audio and Video Recording Accessories were:
China $680M
United States $210M
Indonesia $168M
In 2022, Canada's main importing competitors in Audio and Video Recording Accessories were:
Hong Kong $297M
Singapore $191M
China $153M

Explore Visualizations

Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.13M
TOP IMPORT POTENTIALChina+ $1.21M

Audio and Video Recording Accessories’s highest export potential is United States. With an export gap of $1.13M.   Audio and Video Recording Accessories’s highest import potential is China with an import gap of $1.21M.

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