2022
Exports
$511MWorld Rnk 9 / 152
Flag Rnk 168 / 1210
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$477MWorld Rnk 5 / 217
Flag Rnk 233 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $511M in Buses, making it the 9th largest exporter of Buses in the world. At the same year, Buses was the 168th most exported product in Canada. The main destination of Buses exports from Canada are: United States ($504M), Canada ($4.33M), Germany ($767k), Nigeria ($569k), and United Kingdom ($381k).

The fastest growing export markets for Buses of Canada between 2021 and 2022 were Germany ($767k), United Kingdom ($346k), and Senegal ($223k).

Imports In 2022, Canada imported $477M in Buses, becoming the 5th largest importer of Buses in the world. At the same year, Buses was the 233rd most imported product in Canada. Canada imports Buses primarily from: United States ($460M), Turkey ($4.72M), Canada ($4.33M), Germany ($3.57M), and China ($2.27M).

The fastest growing import markets in Buses for Canada between 2021 and 2022 were Turkey ($4.25M), Germany ($3.29M), and Italy ($854k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Buses from Canada to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)C$56.9M(83.6%)
IMPORT GROWTH (April 2023 - April 2024)C$4.6M(7.45%)
MAIN EXPORTER (April 2024)QuebecC$69M
MAIN DESTINATION (April 2024)United StatesC$125M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$511M
IMPORTS (2022)$477M
NET TRADE (2022)$34.6M

In 2022, Canada exported $511M in Buses. The main destinations of Canada exports on Buses were United States ($504M), Canada ($4.33M), Germany ($767k), Nigeria ($569k), and United Kingdom ($381k).

In 2022, Canada imported $477M in Buses, mainly from United States ($460M), Turkey ($4.72M), Canada ($4.33M), Germany ($3.57M), and China ($2.27M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Germany$767k (1%)
United Kingdom$346k (993%)
Senegal$223k (1.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Canada WERE (2021 - 2022):
United States-$16.3M (-3.13%)
Canada-$6.13M (-58.6%)
United Arab Emirates-$3.34M (-96.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Canada's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.93M
TOP IMPORT POTENTIALChina+ $6.17M

Buses’s highest export potential is Germany. With an export gap of $1.93M.   Buses’s highest import potential is China with an import gap of $6.17M.

See methodology.

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