Electrical Control Boards in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.53B in Electrical Control Boards, making it the 15th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 62nd most exported product in Canada. The main destination of Electrical Control Boards exports from Canada are: United States ($1.27B), Canada ($34.4M), United Kingdom ($31.7M), Mexico ($24.3M), and China ($21.1M).

The fastest growing export markets for Electrical Control Boards of Canada between 2021 and 2022 were United States ($233M), Canada ($10.1M), and Mexico ($9.12M).

Imports In 2022, Canada imported $1.91B in Electrical Control Boards, becoming the 7th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 59th most imported product in Canada. Canada imports Electrical Control Boards primarily from: N/A.

The fastest growing import markets in Electrical Control Boards for Canada between 2021 and 2022 were United States ($223M), Mexico ($114M), and China ($43.9M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Electrical Control Boards exports accounted up to C$208M and imports accounted up to C$291M, resulting in a negative trade balance of C$83M. Between February 2023 and February 2024 the exports of Canada's Electrical Control Boards have increased by C$47.7M (29.7%) from C$161M to C$208M, while imports increased by C$69.6M (31.4%) from C$222M to C$291M.

Destinations In February 2024, Electrical Control Boards were exported mostly to United States (C$184M), Mexico (C$3.26M), United Kingdom (C$3.24M), South Korea (C$3.08M), and France (C$2.1M), and were imported mostly from United States (C$120M), Japan (C$46.1M), Mexico (C$39.2M), China (C$19.5M), and Germany (C$14.1M).

Growth In February 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to United States (C$36.6M or 34.7%), United Kingdom (C$1.32M or 55.3%), and Germany (C$882k or 78.2%). In February 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from United States (C$48.9M or 68.9%), Germany (C$11.8M or 155%), and China (C$5.73M or 36.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$47.7M(29.7%)

IMPORT GROWTH (February 2023 - February 2024)C$69.6M(31.4%)

MAIN EXPORTER (February 2024)OntarioC$76.9M

MAIN DESTINATION (February 2024)United StatesC$184M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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