Electric Generating Sets in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $90.4M in Electric Generating Sets, making it the 27th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 401st most exported product in Canada. The main destination of Electric Generating Sets exports from Canada are: United States ($66.6M), United Arab Emirates ($4.68M), Mexico ($2.64M), Oman ($1.79M), and Saudi Arabia ($1.66M).

The fastest growing export markets for Electric Generating Sets of Canada between 2021 and 2022 were United States ($26.5M), United Arab Emirates ($2.83M), and Mexico ($2.49M).

Imports In 2022, Canada imported $1.37B in Electric Generating Sets, becoming the 2nd largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 86th most imported product in Canada. Canada imports Electric Generating Sets primarily from: United States ($733M), China ($320M), Germany ($110M), South Korea ($77.2M), and Finland ($35.7M).

The fastest growing import markets in Electric Generating Sets for Canada between 2021 and 2022 were United States ($336M), China ($189M), and Germany ($52.3M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Electric Generating Sets exports accounted up to C$8.51M and imports accounted up to C$99.6M, resulting in a negative trade balance of C$91.1M. Between February 2023 and February 2024 the exports of Canada's Electric Generating Sets have decreased by C$-2.57M (-23.2%) from C$11.1M to C$8.51M, while imports increased by C$24.3M (32.2%) from C$75.3M to C$99.6M.

Destinations In February 2024, Electric Generating Sets were exported mostly to United States (C$6.99M), United Arab Emirates (C$716k), Saudi Arabia (C$382k), Qatar (C$370k), and France (C$23.8k), and were imported mostly from United States (C$73.3M), China (C$10.7M), India (C$4.77M), Germany (C$3.21M), and United Kingdom (C$2.63M).

Growth In February 2024, the decrease in Electric Generating Sets's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Electric Generating Sets's year-by-year imports was explained primarily by an increase in imports from United States (C$7.27M or 19.8%), India (C$2.08M or 183%), and Spain (C$1.32M or 425%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-2.57M(-23.2%)

IMPORT GROWTH (February 2023 - February 2024)C$24.3M(32.2%)

MAIN EXPORTER (February 2024)OntarioC$5.15M

MAIN DESTINATION (February 2024)United StatesC$6.99M

This section shows Electric Generating Sets'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 Electric Generating Sets over time.

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