Liquid Pumps in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.55B in Liquid Pumps, making it the 11th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 61st most exported product in Canada. The main destination of Liquid Pumps exports from Canada are: United States ($1.08B), Mexico ($190M), Canada ($66.3M), South Korea ($14.9M), and Panama ($13.6M).

The fastest growing export markets for Liquid Pumps of Canada between 2021 and 2022 were United States ($132M), Mexico ($52.8M), and Canada ($30.6M).

Imports In 2022, Canada imported $2.88B in Liquid Pumps, becoming the 4th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 32nd most imported product in Canada. Canada imports Liquid Pumps primarily from: United States ($1.88B), China ($282M), Mexico ($108M), Germany ($89.2M), and South Korea ($88.1M).

The fastest growing import markets in Liquid Pumps for Canada between 2021 and 2022 were United States ($274M), China ($51.5M), and Mexico ($32M).

COMPANIES In 2023, leading companies such as NCL (BAHAMAS) LTD (1) were at the forefront of shipping Liquid Pumps from Canada to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Canada's Liquid Pumps exports accounted up to C$170M and imports accounted up to C$353M, resulting in a negative trade balance of C$183M. Between February 2023 and February 2024 the exports of Canada's Liquid Pumps have increased by C$9.39M (5.86%) from C$160M to C$170M, while imports increased by C$26.9M (8.24%) from C$326M to C$353M.

Destinations In February 2024, Liquid Pumps were exported mostly to United States (C$127M), Mexico (C$24.9M), New Zealand (C$4.25M), Colombia (C$2.96M), and China (C$1.64M), and were imported mostly from United States (C$224M), China (C$34.8M), Germany (C$14.9M), Mexico (C$12.8M), and South Korea (C$10.8M).

Growth In February 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to United States (C$24.3M or 27.5%), Mexico (C$3.86M or 20.4%), and South Korea (C$2.26M or 666%). In February 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from United States (C$49.9M or 37.8%), Canada (C$14.3M or 588%), and South Korea (C$9.83M or 154%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$9.39M(5.86%)

IMPORT GROWTH (February 2023 - February 2024)C$26.9M(8.24%)

MAIN EXPORTER (February 2024)OntarioC$120M

MAIN DESTINATION (February 2024)United StatesC$127M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.55B

IMPORTS (2022)$2.88B

NET TRADE (2022)-$1.33B

In 2022, Canada exported $1.55B in Liquid Pumps. The main destinations of Canada exports on Liquid Pumps were United States ($1.08B), Mexico ($190M), Canada ($66.3M), South Korea ($14.9M), and Panama ($13.6M).

In 2022, Canada imported $2.88B in Liquid Pumps, mainly from United States ($1.88B), China ($282M), Mexico ($108M), Germany ($89.2M), and South Korea ($88.1M).

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