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2022
Exports $50.8MWorld Rnk 19 / 189
Flag Rnk 492 / 1210
2022
Destination $20.7M United States
2021 - 2022
FASTEST GROWING MARKET $20.7MUnited States
2022
PRODUCT COMPLEXITY IN Railway Cargo Containers-0.92Rnk 817 / 1025
2022
Imports $229MWorld Rnk 8 / 215
Flag Rnk 375 / 1213
2022
Origin $17.3M China
2021 - 2022
FASTEST GROWING ORIGIN $17.3MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $50.8M in Railway Cargo Containers, making it the 19th largest exporter of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 492nd most exported product in Canada. The main destination of Railway Cargo Containers exports from Canada are: United States ($43.1M), Canada ($2.41M), Ireland ($705k), United Kingdom ($461k), and Germany ($297k).

The fastest growing export markets for Railway Cargo Containers of Canada between 2021 and 2022 were United States ($20.7M), Canada ($1.74M), and Ireland ($677k).

Imports In 2022, Canada imported $229M in Railway Cargo Containers, becoming the 8th largest importer of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 375th most imported product in Canada. Canada imports Railway Cargo Containers primarily from: China ($132M), United States ($65.4M), United Kingdom ($15.9M), Poland ($5.75M), and Canada ($2.41M).

The fastest growing import markets in Railway Cargo Containers for Canada between 2021 and 2022 were China ($17.3M), United Kingdom ($9.19M), and Poland ($1.99M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Railway Cargo Containers exports accounted up to C$7.06M and imports accounted up to C$17.1M, resulting in a negative trade balance of C$10.1M. Between August 2023 and August 2024 the exports of Canada's   Railway Cargo Containers have increased by C$4.35M (160%) from C$2.71M to C$7.06M, while imports decreased by C$-13.3M (-43.7%) from C$30.4M to C$17.1M.

Destinations In August 2024, Railway Cargo Containers were exported mostly to Netherlands (C$4.49M), United States (C$2.35M), Japan (C$79.4k), Malaysia (C$37.7k), and Colombia (C$30.1k), and were imported mostly from United States (C$9.2M), China (C$4.81M), Turkey (C$1.02M), United Arab Emirates (C$472k), and Finland (C$410k).

Growth In August 2024, the increase in Railway Cargo Containers's year-by-year exports was explained primarily by an increase in exports to United States (C$1.26M or 86.1%) and Japan (C$74.4k or 102%). In August 2024, the decrease in Railway Cargo Containers's year-by-year imports was explained primarily by a decrease in imports from South Korea (C$-483k or -99.2%), United States (C$-162k or -2.53%), and Poland (C$-82.1k or -16.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$4.35M(160%)
IMPORT GROWTH (August 2023 - August 2024)C$-13.3M(-43.7%)
MAIN EXPORTER (August 2024)New BrunswickC$4.49M
MAIN DESTINATION (August 2024)NetherlandsC$4.49M

This section shows Railway Cargo Containers'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 Railway Cargo Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.8M
IMPORTS (2022)$229M
NET TRADE (2022)-$178M

In 2022, Canada exported $50.8M in Railway Cargo Containers. The main destinations of Canada exports on Railway Cargo Containers were United States ($43.1M), Canada ($2.41M), Ireland ($705k), United Kingdom ($461k), and Germany ($297k).

In 2022, Canada imported $229M in Railway Cargo Containers, mainly from China ($132M), United States ($65.4M), United Kingdom ($15.9M), Poland ($5.75M), and Canada ($2.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Cargo Containers EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$20.7M (92.6%)
Canada$1.74M (261%)
Ireland$677k (2.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Cargo Containers BY Canada WERE (2021 - 2022):
France-$2.11M (-98.7%)
India-$797k (-95.3%)
Japan-$229k (-56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Railway Cargo Containers were:
China $5.8B
United States $413M
Poland $287M
In 2022, Canada's main importing competitors in Railway Cargo Containers were:
United States $2.3B
Russia $606M
Netherlands $544M

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Trade Value of Railway Cargo Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.9M
TOP IMPORT POTENTIALUnited States+ $7.31M

Railway Cargo Containers’s highest export potential is United States. With an export gap of $20.9M.   Railway Cargo Containers’s highest import potential is United States with an import gap of $7.31M.

See methodology.

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