Other Heating Machinery in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.02B in Other Heating Machinery, making it the 13th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 89th most exported product in Canada. The main destination of Other Heating Machinery exports from Canada are: United States ($847M), China ($19.5M), Germany ($15.5M), Canada ($12.6M), and United Kingdom ($12.3M).

The fastest growing export markets for Other Heating Machinery of Canada between 2021 and 2022 were United States ($181M), India ($4.9M), and Brazil ($3.53M).

Imports In 2022, Canada imported $2.05B in Other Heating Machinery, becoming the 4th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 51st most imported product in Canada. Canada imports Other Heating Machinery primarily from: United States ($1.09B), China ($316M), Italy ($102M), Singapore ($88.7M), and Germany ($65M).

The fastest growing import markets in Other Heating Machinery for Canada between 2021 and 2022 were China ($229M), United States ($136M), and Singapore ($84.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Heating Machinery from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Other Heating Machinery exports accounted up to C$110M and imports accounted up to C$210M, resulting in a negative trade balance of C$99.9M. Between January 2023 and January 2024 the exports of Canada's Other Heating Machinery have decreased by C$-30.9M (-22%) from C$141M to C$110M, while imports decreased by C$-549M (-72.4%) from C$759M to C$210M.

Destinations In January 2024, Other Heating Machinery were exported mostly to United States (C$92.5M), South Korea (C$7.51M), China (C$1.15M), United Kingdom (C$1.09M), and India (C$869k), and were imported mostly from United States (C$125M), China (C$14.4M), Germany (C$12.2M), Mexico (C$10M), and Italy (C$8.1M).

Growth In January 2024, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to Mexico (C$-1.2M or -81.9%), Colombia (C$-1.2M or -97.5%), and New Zealand (C$-690k or -96.7%). In January 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Japan (C$-2.23M or -34%), Switzerland (C$-931k or -32.9%), and Sweden (C$-896k or -14.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-30.9M(-22%)

IMPORT GROWTH (January 2023 - January 2024)C$-549M(-72.4%)

MAIN EXPORTER (January 2024)OntarioC$80.1M

MAIN DESTINATION (January 2024)United StatesC$92.5M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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