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2022
Exports $143MWorld Rnk 17 / 190
Flag Rnk 344 / 1210
2022
Destination $7.63M United States
2021 - 2022
FASTEST GROWING MARKET $7.63MUnited States
2022
PRODUCT COMPLEXITY IN High-voltage Protection Equipment0.71Rnk 272 / 1025
2022
Imports $341MWorld Rnk 5 / 218
Flag Rnk 298 / 1213
2022
Origin $17.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $17.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $143M in High-voltage Protection Equipment, making it the 17th largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 344th most exported product in Canada. The main destination of High-voltage Protection Equipment exports from Canada are: United States ($122M), China ($3.49M), Canada ($3.1M), Chile ($2.51M), and United Arab Emirates ($2.26M).

The fastest growing export markets for High-voltage Protection Equipment of Canada between 2021 and 2022 were United States ($7.63M), United Arab Emirates ($1.3M), and Canada ($1.08M).

Imports In 2022, Canada imported $341M in High-voltage Protection Equipment, becoming the 5th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 298th most imported product in Canada. Canada imports High-voltage Protection Equipment primarily from: United States ($222M), Mexico ($23.2M), Sweden ($13.6M), Italy ($13M), and Japan ($12.8M).

The fastest growing import markets in High-voltage Protection Equipment for Canada between 2021 and 2022 were United States ($17.5M), Japan ($9.4M), and Sweden ($4.87M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's High-voltage Protection Equipment exports accounted up to C$17.3M and imports accounted up to C$66M, resulting in a negative trade balance of C$48.7M. Between June 2023 and June 2024 the exports of Canada's   High-voltage Protection Equipment have increased by C$5.28M (44%) from C$12M to C$17.3M, while imports increased by C$14.7M (28.8%) from C$51.2M to C$66M.

Destinations In June 2024, High-voltage Protection Equipment were exported mostly to United States (C$15.8M), Chile (C$440k), Peru (C$146k), Chinese Taipei (C$139k), and Australia (C$137k), and were imported mostly from United States (C$33.8M), Mexico (C$9.14M), Sweden (C$7.73M), Italy (C$5.08M), and France (C$3.56M).

Growth In June 2024, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to United States (C$6.15M or 77.9%), Peru (C$162k or 281%), and Italy (C$72.9k or 942%). In June 2024, the increase in High-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from United States (C$4.81M or 32%), Sweden (C$2.37M or 357%), and Mexico (C$994k or 22.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$5.28M(44%)
IMPORT GROWTH (June 2023 - June 2024)C$14.7M(28.8%)
MAIN EXPORTER (June 2024)OntarioC$13.3M
MAIN DESTINATION (June 2024)United StatesC$15.8M

This section shows High-voltage Protection Equipment'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 High-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$143M
IMPORTS (2022)$341M
NET TRADE (2022)-$198M

In 2022, Canada exported $143M in High-voltage Protection Equipment. The main destinations of Canada exports on High-voltage Protection Equipment were United States ($122M), China ($3.49M), Canada ($3.1M), Chile ($2.51M), and United Arab Emirates ($2.26M).

In 2022, Canada imported $341M in High-voltage Protection Equipment, mainly from United States ($222M), Mexico ($23.2M), Sweden ($13.6M), Italy ($13M), and Japan ($12.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$7.63M (6.69%)
United Arab Emirates$1.3M (135%)
Canada$1.08M (53.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Canada WERE (2021 - 2022):
Chile-$843k (-25.2%)
Saudi Arabia-$479k (-43.5%)
China-$450k (-11.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in High-voltage Protection Equipment were:
China $1.31B
Germany $1.23B
United States $806M
In 2022, Canada's main importing competitors in High-voltage Protection Equipment were:
United States $1.17B
Saudi Arabia $542M
China $500M

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.3M
TOP IMPORT POTENTIALChina+ $9.18M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $26.3M.   High-voltage Protection Equipment’s highest import potential is China with an import gap of $9.18M.

See methodology.

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