Buses in Canada | The Observatory of Economic Complexity

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

August 2024

About

Overview In August 2024 Canada's Buses exports accounted up to C$88M and imports accounted up to C$102M, resulting in a negative trade balance of C$14M. Between August 2023 and August 2024 the exports of Canada's Buses have increased by C$12.1M (15.9%) from C$75.9M to C$88M, while imports increased by C$14.2M (16.1%) from C$87.9M to C$102M.

Destinations In August 2024, Buses were exported mostly to United States (C$86.6M), Latvia (C$187k), Belgium (C$168k), Netherlands (C$155k), and Saudi Arabia (C$106k), and were imported mostly from United States (C$97.4M), Turkey (C$2.33M), Canada (C$2.29M), and United Kingdom (C$11.2k).

Growth In August 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to United States (C$26M or 71.9%). In August 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from United States (C$20.7M or 74.7%) and Germany (C$257k or 229%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)C$12.1M(15.9%)

IMPORT GROWTH (August 2023 - August 2024)C$14.2M(16.1%)

MAIN EXPORTER (August 2024)QuebecC$79.7M

MAIN DESTINATION (August 2024)United StatesC$86.6M

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

Trade Value

Growth

Growth (%)

Year

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).

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