Dairy Machinery in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $13.2M in Dairy Machinery, making it the 23rd largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 740th most exported product in Canada. The main destination of Dairy Machinery exports from Canada are: United States ($8.96M), China ($2.13M), Japan ($1.14M), Netherlands ($285k), and Argentina ($137k).

The fastest growing export markets for Dairy Machinery of Canada between 2021 and 2022 were China ($1.63M), Japan ($669k), and United States ($521k).

Imports In 2022, Canada imported $78.8M in Dairy Machinery, becoming the 6th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 617th most imported product in Canada. Canada imports Dairy Machinery primarily from: United States ($48.8M), Germany ($8.79M), Sweden ($5.07M), Netherlands ($3.57M), and United Kingdom ($2.15M).

The fastest growing import markets in Dairy Machinery for Canada between 2021 and 2022 were Germany ($3.15M), Switzerland ($1.07M), and Chinese Taipei ($725k).

Latest Trends

February 2024

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Overview In February 2024 Canada's Dairy Machinery exports accounted up to C$708k and imports accounted up to C$7.35M, resulting in a negative trade balance of C$6.65M. Between February 2023 and February 2024 the exports of Canada's Dairy Machinery have decreased by C$-126k (-15.2%) from C$834k to C$708k, while imports increased by C$1.82M (32.8%) from C$5.54M to C$7.35M.

Destinations In February 2024, Dairy Machinery were exported mostly to United States (C$605k), Mexico (C$98.4k), Japan (C$3.16k), and United Kingdom (C$1.26k), and were imported mostly from United States (C$4.83M), Sweden (C$826k), Germany (C$491k), Netherlands (C$274k), and China (C$164k).

Growth In February 2024, the decrease in Dairy Machinery's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Dairy Machinery's year-by-year imports was explained primarily by an increase in imports from Denmark (C$2.19M or 7.47k%), United States (C$1.74M or 53%), and New Zealand (C$373k or 1.78k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-126k(-15.2%)

IMPORT GROWTH (February 2023 - February 2024)C$1.82M(32.8%)

MAIN EXPORTER (February 2024)SaskatchewanC$354k

MAIN DESTINATION (February 2024)United StatesC$605k

This section shows Dairy 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 Dairy Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.2M

IMPORTS (2022)$78.8M

NET TRADE (2022)-$65.6M

In 2022, Canada exported $13.2M in Dairy Machinery. The main destinations of Canada exports on Dairy Machinery were United States ($8.96M), China ($2.13M), Japan ($1.14M), Netherlands ($285k), and Argentina ($137k).

In 2022, Canada imported $78.8M in Dairy Machinery, mainly from United States ($48.8M), Germany ($8.79M), Sweden ($5.07M), Netherlands ($3.57M), and United Kingdom ($2.15M).

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