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2022
Exports $449MWorld Rnk 16 / 218
Flag Rnk 180 / 1210
2022
Destination $6.58M United States
2021 - 2022
FASTEST GROWING MARKET $6.58MUnited States
2022
PRODUCT COMPLEXITY IN Sports Equipment0.52Rnk 358 / 1025
2022
Imports $1.81BWorld Rnk 4 / 225
Flag Rnk 63 / 1213
2022
Origin $5.37M China
2021 - 2022
FASTEST GROWING ORIGIN $5.37MThailand
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $449M in Sports Equipment, making it the 16th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 180th most exported product in Canada. The main destination of Sports Equipment exports from Canada are: United States ($379M), United Kingdom ($5.64M), South Korea ($5.35M), China ($4.72M), and Sweden ($4.41M).

The fastest growing export markets for Sports Equipment of Canada between 2021 and 2022 were United States ($6.58M), South Korea ($1.55M), and United Kingdom ($1.54M).

Imports In 2022, Canada imported $1.81B in Sports Equipment, becoming the 4th largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 63rd most imported product in Canada. Canada imports Sports Equipment primarily from: China ($857M), United States ($585M), Chinese Taipei ($74M), Mexico ($46.8M), and Vietnam ($41.6M).

The fastest growing import markets in Sports Equipment for Canada between 2021 and 2022 were Thailand ($5.37M), Austria ($2.73M), and Pakistan ($2.72M).

COMPANIES In 2023, leading companies such as Norwegian Cruise Line (1) were at the forefront of shipping Sports Equipment from Canada to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Canada's Sports Equipment exports accounted up to C$37.9M and imports accounted up to C$183M, resulting in a negative trade balance of C$145M. Between June 2023 and June 2024 the exports of Canada's   Sports Equipment have increased by C$4.85M (14.7%) from C$33M to C$37.9M, while imports increased by C$11M (6.41%) from C$172M to C$183M.

Destinations In June 2024, Sports Equipment were exported mostly to United States (C$32.1M), China (C$922k), Sweden (C$484k), Australia (C$476k), and United Arab Emirates (C$476k), and were imported mostly from China (C$86.8M), United States (C$41M), Vietnam (C$12M), Mexico (C$8.82M), and Thailand (C$8.02M).

Growth In June 2024, the increase in Sports Equipment's year-by-year exports was explained primarily by an increase in exports to France (C$330k or 155%), United Kingdom (C$266k or 93.1%), and Germany (C$232k or 93.4%). In June 2024, the increase in Sports Equipment's year-by-year imports was explained primarily by an increase in imports from Thailand (C$4.08M or 191%), Vietnam (C$2.78M or 69.6%), and Pakistan (C$539k or 67.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$4.85M(14.7%)
IMPORT GROWTH (June 2023 - June 2024)C$11M(6.41%)
MAIN EXPORTER (June 2024)OntarioC$21.1M
MAIN DESTINATION (June 2024)United StatesC$32.1M

This section shows Sports 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 Sports Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$449M
IMPORTS (2022)$1.81B
NET TRADE (2022)-$1.36B

In 2022, Canada exported $449M in Sports Equipment. The main destinations of Canada exports on Sports Equipment were United States ($379M), United Kingdom ($5.64M), South Korea ($5.35M), China ($4.72M), and Sweden ($4.41M).

In 2022, Canada imported $1.81B in Sports Equipment, mainly from China ($857M), United States ($585M), Chinese Taipei ($74M), Mexico ($46.8M), and Vietnam ($41.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$6.58M (1.77%)
South Korea$1.55M (40.9%)
United Kingdom$1.54M (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Canada WERE (2021 - 2022):
Russia-$1.8M (-60.4%)
France-$1.56M (-34.4%)
Indonesia-$1.35M (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Sports Equipment were:
China $19.4B
Chinese Taipei $2.49B
United States $2.17B
In 2022, Canada's main importing competitors in Sports Equipment were:
United States $10.3B
Germany $2.55B
Japan $1.82B

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $132M
TOP IMPORT POTENTIALVietnam+ $16.3M

Sports Equipment’s highest export potential is United States. With an export gap of $132M.   Sports Equipment’s highest import potential is Vietnam with an import gap of $16.3M.

See methodology.

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