Gas Turbines in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $7.1B in Gas Turbines, making it the 6th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 14th most exported product in Canada. The main destination of Gas Turbines exports from Canada are: United States ($3.87B), Singapore ($487M), Canada ($468M), Germany ($373M), and France ($373M).

The fastest growing export markets for Gas Turbines of Canada between 2021 and 2022 were United States ($549M), Singapore ($124M), and Poland ($123M).

Imports In 2022, Canada imported $4.44B in Gas Turbines, becoming the 10th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 16th most imported product in Canada. Canada imports Gas Turbines primarily from: United States ($1.92B), Poland ($487M), Canada ($468M), Germany ($358M), and United Kingdom ($265M).

The fastest growing import markets in Gas Turbines for Canada between 2021 and 2022 were United States ($431M), Canada ($106M), and Poland ($68.5M).

COMPANIES In 2023, leading companies such as CELEBRITY CRUISES INC. (2) were at the forefront of shipping Gas Turbines from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Gas Turbines exports accounted up to C$604M and imports accounted up to C$785M, resulting in a negative trade balance of C$181M. Between January 2023 and January 2024 the exports of Canada's Gas Turbines have increased by C$65.4M (12.1%) from C$538M to C$604M, while imports increased by C$219M (38.7%) from C$566M to C$785M.

Destinations In January 2024, Gas Turbines were exported mostly to United States (C$436M), France (C$42.9M), Germany (C$22M), Singapore (C$18.5M), and Italy (C$14.3M), and were imported mostly from United States (C$444M), Canada (C$74.7M), Poland (C$54.9M), United Kingdom (C$49.1M), and France (C$25.4M).

Growth In January 2024, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to United States (C$99.4M or 32.3%), France (C$12.1M or 79.3%), and United Kingdom (C$4.69M or 93.5%). In January 2024, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from Japan (C$31.8M or 475%), Germany (C$28.4M or 295%), and Poland (C$17.7M or 56.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$65.4M(12.1%)

IMPORT GROWTH (January 2023 - January 2024)C$219M(38.7%)

MAIN EXPORTER (January 2024)QuebecC$411M

MAIN DESTINATION (January 2024)United StatesC$436M

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.1B

IMPORTS (2022)$4.44B

NET TRADE (2022)$2.66B

In 2022, Canada exported $7.1B in Gas Turbines. The main destinations of Canada exports on Gas Turbines were United States ($3.87B), Singapore ($487M), Canada ($468M), Germany ($373M), and France ($373M).

In 2022, Canada imported $4.44B in Gas Turbines, mainly from United States ($1.92B), Poland ($487M), Canada ($468M), Germany ($358M), and United Kingdom ($265M).

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