Tanks and Armored vehicles in   Canada

Overview In January 2024 Canada's Tanks and Armored vehicles exports accounted up to C$171M and imports accounted up to C$19.9M, resulting in a positive trade balance of C$151M. Between January 2023 and January 2024 the exports of Canada's   Tanks and Armored vehicles have increased by C$1.32M (0.78%) from C$170M to C$171M, while imports decreased by C$-4.13M (-17.2%) from C$24M to C$19.9M.

Destinations In January 2024, Tanks and Armored vehicles were exported mostly to Saudi Arabia (C$135M), United States (C$24.4M), Ukraine (C$5.04M), Singapore (C$3.46M), and Norway (C$1.23M), and were imported mostly from Switzerland (C$6.01M), United States (C$5.46M), Germany (C$5.13M), Canada (C$2.54M), and Israel (C$418k).

Growth In January 2024, the increase in Tanks and Armored vehicles's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (C$35.5M or 42.7%), United States (C$8.1M or 57.1%), and Singapore (C$1.07M or 280%). In January 2024, the decrease in Tanks and Armored vehicles's year-by-year imports was explained primarily by a decrease in imports from Switzerland (C$-1.9M or -31.5%), United Kingdom (C$-231k or -90.4%), and Germany (C$-184k or -8.39%).