Key Market Indicators
Canadian imports of electrical equipment are expected to reach $48 billion by 2026, up 0.9% year on year on average from 2021's $45.2 billion. Since 1994, imports have increased 2.7% on average every year. Canada ranked 14th in 2021, with Thailand taking the lead at $45.2 billion. The US, Germany and Singapore were the second, third and fourth highest importers. Exports of electrical equipment from Canada are forecast to reach $12.8 billion by 2026, falling 0.4% year on year on average from 2021's $13.1 billion. Since 1994, exports have increased 0.8% on average every year. Canada was 25th in 2021, with Sweden in the lead at $13.1 billion. South Korea, the US and Germany were the second, third and fourth highest exporters.
