Canada's Radar Devices Trade Mixed in 2024: Production Up, Exports Down
Canada's trade in radar devices, navigation aids, and radio remote control systems saw mixed trends in 2024. While exports and imports both contracted, production and consumption grew.
In value terms, imports shrank modestly to $X in 2024, with a mild contraction over the period under review. Meanwhile, exports of these products from Canada decreased by X% to X units in 2024, after three years of growth. Despite this, exports totaled $X in 2024, indicating a slight increase from 2012 to 2024.
The average import price for these products amounted to $X per unit in 2024, with an increase of X% against the previous year. Imports of these products into Canada decreased by X% to X units in 2024, ending a three-year rising trend.
The United States was the main destination for exports, with a X% share of total exports. Similarly, the United States was the largest supplier of these products to Canada, with a X% share of total imports. The countries with the largest exports to Canada in 2024 were the United States, China, and Germany.
Production of these products surged to $X in 2024, with a resilient increase overall. However, the Canadian market for these products decreased by X% to $X in 2024. Despite the decrease in trade, consumption of these products saw prominent growth over the period under review.
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