Total Canadian imports of machinery and technology referred to the 15 sectors of the Machines Italia project, decreased in 2016 by 7.46% compared to the previous year. Italy closes 2016 with a positive result from the point of view of Canadian imports of capital goods, registering an increase of 6.39% (from around €288 million, in 2015 to €306 million, in 2016).
Our country's market share also grew from 3.3 percent in 2015 to 3.8 percent in 2016 (up 15 percent), making it again Canada's fifth-largest supplier of machinery and capital technology, preceded in order by the U.S., China, Germany and Japan and followed by Mexico, South Korea, the Netherlands, Malaysia and the United Kingdom. Among the top 10, only the Netherlands, as well as Italy, recorded positive increases in their exports to Canada, with an astonishing +29.98 percent. The exports of all other major partners declined.
The main items of Canadian machinery imports, referring to the 15 sectors covered by Machines Italia, include machinery for the printing and paper industry, agricultural machinery and construction and earthmoving machinery. These three product categories account for more than 55 percent of the total.
In 2016, Canada purchased from Italy:metalworking machinery and tools, food processing machinery, packaging and wrapping machinery, printing industry machinery, and agricultural machinery.
As for Canadian imports of capital goods from Italy, all commodity categories increased compared to the same period last year, except for plastic and rubber processing machinery (-39.34%), metallurgy and foundry machinery (-61.36%), glass processing machinery (-98.93%).
The largest increase, in terms of absolute values was recorded by machinery for the printing and papermaking industry, €13 million compared to 2015 (+67.49%) and metalworking machinery, €10.8 million, (+20.57%).
Our country's market share also grew from 3.3 percent in 2015 to 3.8 percent in 2016 (up 15 percent), making it again Canada's fifth-largest supplier of machinery and capital technology, preceded in order by the U.S., China, Germany and Japan and followed by Mexico, South Korea, the Netherlands, Malaysia and the United Kingdom. Among the top 10, only the Netherlands, as well as Italy, recorded positive increases in their exports to Canada, with an astonishing +29.98 percent. The exports of all other major partners declined.
The main items of Canadian machinery imports, referring to the 15 sectors covered by Machines Italia, include machinery for the printing and paper industry, agricultural machinery and construction and earthmoving machinery. These three product categories account for more than 55 percent of the total.
In 2016, Canada purchased from Italy:metalworking machinery and tools, food processing machinery, packaging and wrapping machinery, printing industry machinery, and agricultural machinery.
As for Canadian imports of capital goods from Italy, all commodity categories increased compared to the same period last year, except for plastic and rubber processing machinery (-39.34%), metallurgy and foundry machinery (-61.36%), glass processing machinery (-98.93%).
The largest increase, in terms of absolute values was recorded by machinery for the printing and papermaking industry, €13 million compared to 2015 (+67.49%) and metalworking machinery, €10.8 million, (+20.57%).