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FOCUS: Manufacturing Industry in Canada 2024: Machinery & Equipment

Canada and Italy Trade
From 2021 to 2023, Italy maintained a notable presence in Canada's import market across various machinery sectors. The aggregate value of imports from Italy witnessed a substantial increase, reflecting a growth trend in the demand for Italian machinery in Canada. Italy ranked fifth among Canada's machinery import partners, with a notable 19.7% increase in import value from 2022 to 2023. Additionally, Canada witnessed a significant increase in imports of machinery from around the world, reaching a total value of 13,370 million euros, a 4.9% increase from 2022. Aggregate Performance: Total