2022
Exports
$166MWorld Rnk 25 / 185
Flag Rnk 320 / 1210
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$4.04BWorld Rnk 2 / 222
Flag Rnk 19 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

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).

Latest Trends

May 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Large Construction Vehicles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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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).

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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%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Large Construction Vehicles were:
In 2022, Canada's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $83.1M
TOP IMPORT POTENTIALChina+ $118M

Large Construction Vehicles’s highest export potential is United States. With an export gap of $83.1M.   Large Construction Vehicles’s highest import potential is China with an import gap of $118M.

See methodology.

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