Spark-Ignition Engines in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $2.39B in Spark-Ignition Engines, making it the 8th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 38th most exported product in Canada. The main destination of Spark-Ignition Engines exports from Canada are: United States ($2.26B), Nepal ($23.5M), China ($18.8M), Singapore ($11.6M), and Argentina ($8.81M).

The fastest growing export markets for Spark-Ignition Engines of Canada between 2021 and 2022 were United States ($216M), Nepal ($22M), and Argentina ($7.08M).

Imports In 2022, Canada imported $4.24B in Spark-Ignition Engines, becoming the 2nd largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 17th most imported product in Canada. Canada imports Spark-Ignition Engines primarily from: United States ($2.75B), Mexico ($695M), Spain ($247M), Japan ($220M), and Austria ($172M).

The fastest growing import markets in Spark-Ignition Engines for Canada between 2021 and 2022 were Mexico ($339M), Japan ($67M), and United States ($34.4M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spark-Ignition Engines from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Spark-Ignition Engines exports accounted up to C$309M and imports accounted up to C$545M, resulting in a negative trade balance of C$235M. Between January 2023 and January 2024 the exports of Canada's Spark-Ignition Engines have increased by C$20.8M (7.22%) from C$288M to C$309M, while imports increased by C$66.9M (14%) from C$478M to C$545M.

Destinations In January 2024, Spark-Ignition Engines were exported mostly to United States (C$295M), China (C$8.99M), Ecuador (C$3M), Italy (C$1.86M), and Nigeria (C$336k), and were imported mostly from United States (C$467M), Spain (C$31.3M), Japan (C$13.8M), Austria (C$10.4M), and Mexico (C$7.73M).

Growth In January 2024, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to United States (C$59.4M or 27.1%) and China (C$6.5M or 461%). In January 2024, the increase in Spark-Ignition Engines's year-by-year imports was explained primarily by an increase in imports from United States (C$205M or 115%), Mexico (C$40.1M or 220%), and Italy (C$3.34M or 1.01k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$20.8M(7.22%)

IMPORT GROWTH (January 2023 - January 2024)C$66.9M(14%)

MAIN EXPORTER (January 2024)OntarioC$306M

MAIN DESTINATION (January 2024)United StatesC$295M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.39B

IMPORTS (2022)$4.24B

NET TRADE (2022)-$1.85B

In 2022, Canada exported $2.39B in Spark-Ignition Engines. The main destinations of Canada exports on Spark-Ignition Engines were United States ($2.26B), Nepal ($23.5M), China ($18.8M), Singapore ($11.6M), and Argentina ($8.81M).

In 2022, Canada imported $4.24B in Spark-Ignition Engines, mainly from United States ($2.75B), Mexico ($695M), Spain ($247M), Japan ($220M), and Austria ($172M).

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