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Pricing

2022
Exports | Imports $166M | $4.04BWorld Rnk 25 / 185
Flag Rnk 320 / 1210
World Rnk 2 / 222
Flag Rnk 19 / 1213
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $32.8M | $773MUnited States |  United States
2022
ECONOMIC COMPLEXITY of Canada0.85Rnk 31 / 124
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles1.2Rnk 107 / 1025

About

Exports In 2022, Canada exported $166M in Large Construction Vehicles, making it the 25th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 320th most exported product in Canada. The main destination of Large Construction Vehicles exports from Canada are: United States ($112M), Mexico ($8.37M), Australia ($6.15M), Greenland ($4.88M), and Egypt ($4.34M).

The fastest growing export markets for Large Construction Vehicles of Canada between 2021 and 2022 were United States ($32.8M), Greenland ($4.88M), and Mexico ($2.9M).

Imports In 2022, Canada imported $4.04B in Large Construction Vehicles, becoming the 2nd largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 19th most imported product in Canada. Canada imports Large Construction Vehicles primarily from: United States ($2.8B), Japan ($472M), Germany ($167M), China ($154M), and Brazil ($89.8M).

The fastest growing import markets in Large Construction Vehicles for Canada between 2021 and 2022 were United States ($773M), Japan ($80M), and Germany ($74.1M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Large Construction Vehicles from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Large Construction Vehicles exports accounted up to C$7.03M and imports accounted up to C$513M, resulting in a negative trade balance of C$506M. Between January 2023 and January 2024 the exports of Canada's   Large Construction Vehicles have decreased by C$-4.8M (-40.6%) from C$11.8M to C$7.03M, while imports increased by C$7.29M (1.44%) from C$506M to C$513M.

Destinations In January 2024, Large Construction Vehicles were exported mostly to United States (C$5.81M), Saudi Arabia (C$279k), Turkey (C$175k), Germany (C$158k), and Mexico (C$117k), and were imported mostly from United States (C$200M), Japan (C$104M), Brazil (C$79.7M), China (C$43.6M), and South Korea (C$22.7M).

Growth In January 2024, the decrease in Large Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Egypt (C$-454k or -88.1%), Vietnam (C$-190k or -95.7%), and Pakistan (C$-82k or -79.2%). In January 2024, the increase in Large Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from United States (C$63.7M or 44.5%), Japan (C$58M or 59.9%), and South Korea (C$15.1M or 104%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)C$-4.8M(-40.6%)
IMPORT GROWTH (January 2023 - January 2024)C$7.29M(1.44%)
MAIN EXPORTER (January 2024)OntarioC$4.31M
MAIN DESTINATION (January 2024)United StatesC$5.81M

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$166M
IMPORTS (2022)$4.04B
NET TRADE (2022)-$3.88B

In 2022, Canada exported $166M in Large Construction Vehicles. The main destinations of Canada exports on Large Construction Vehicles were United States ($112M), Mexico ($8.37M), Australia ($6.15M), Greenland ($4.88M), and Egypt ($4.34M).

In 2022, Canada imported $4.04B in Large Construction Vehicles, mainly from United States ($2.8B), Japan ($472M), Germany ($167M), China ($154M), and Brazil ($89.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$32.8M (41.4%)
Greenland$4.88M (1%)
Mexico$2.9M (52.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Canada WERE (2021 - 2022):
Egypt-$2.81M (-39.3%)
Australia-$2.49M (-28.8%)
Hong Kong-$1.41M (-91.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Large Construction Vehicles were:
China $14.3B
Japan $13B
United States $5.24B
In 2022, Canada's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Australia $2.75B

Explore Visualizations

Trade Value of Large Construction Vehicles by Exporters

Keep Exploring

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