Refrigerators in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $571M in Refrigerators, making it the 19th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 151st most exported product in Canada. The main destination of Refrigerators exports from Canada are: United States ($535M), China ($6.54M), Canada ($3.32M), India ($3.32M), and Netherlands ($2.75M).

The fastest growing export markets for Refrigerators of Canada between 2021 and 2022 were United States ($154M), China ($4.88M), and Canada ($1.78M).

Imports In 2022, Canada imported $2.08B in Refrigerators, becoming the 5th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 49th most imported product in Canada. Canada imports Refrigerators primarily from: United States ($961M), China ($377M), Mexico ($278M), Italy ($191M), and South Korea ($124M).

The fastest growing import markets in Refrigerators for Canada between 2021 and 2022 were Italy ($164M), United States ($89.1M), and South Korea ($16.2M).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Refrigerators exports accounted up to C$53.3M and imports accounted up to C$193M, resulting in a negative trade balance of C$140M. Between February 2023 and February 2024 the exports of Canada's Refrigerators have decreased by C$-18M (-25.2%) from C$71.3M to C$53.3M, while imports decreased by C$-21.4M (-9.97%) from C$215M to C$193M.

Destinations In February 2024, Refrigerators were exported mostly to United States (C$52.1M), Curaçao (C$576k), China (C$289k), Netherlands (C$97.4k), and United Arab Emirates (C$92.2k), and were imported mostly from United States (C$85.9M), China (C$47.9M), Mexico (C$31.6M), South Korea (C$8.88M), and Thailand (C$6.63M).

Growth In February 2024, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (C$-236k or -77.7%), Cameroon (C$-4.89k or -51.4%), and New Zealand (C$-1.05k or -28.6%). In February 2024, the decrease in Refrigerators's year-by-year imports was explained primarily by a decrease in imports from China (C$-13.1M or -31%), Italy (C$-1.65M or -30.1%), and Thailand (C$-873k or -12.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$-18M(-25.2%)

IMPORT GROWTH (February 2023 - February 2024)C$-21.4M(-9.97%)

MAIN EXPORTER (February 2024)QuebecC$26.8M

MAIN DESTINATION (February 2024)United StatesC$52.1M

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$571M

IMPORTS (2022)$2.08B

NET TRADE (2022)-$1.51B

In 2022, Canada exported $571M in Refrigerators. The main destinations of Canada exports on Refrigerators were United States ($535M), China ($6.54M), Canada ($3.32M), India ($3.32M), and Netherlands ($2.75M).

In 2022, Canada imported $2.08B in Refrigerators, mainly from United States ($961M), China ($377M), Mexico ($278M), Italy ($191M), and South Korea ($124M).

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