Cars in   Canada

Overview In November 2024 Canada's Cars exports accounted up to C$3.55B and imports accounted up to C$3.66B, resulting in a negative trade balance of C$106M. Between November 2023 and November 2024 the exports of Canada's   Cars have decreased by C$-997M (-21.9%) from C$4.55B to C$3.55B, while imports decreased by C$-1.01B (-21.7%) from C$4.67B to C$3.66B.

Destinations In November 2024, Cars were exported mostly to United States (C$3.37B), Mexico (C$36.8M), China (C$16.1M), United Arab Emirates (C$15.4M), and Netherlands (C$10.8M), and were imported mostly from United States (C$1.42B), Mexico (C$750M), Japan (C$491M), South Korea (C$478M), and Germany (C$273M).

Growth In November 2024, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to China (C$-14M or -36.7%), Chinese Taipei (C$-13.7M or -62.9%), and Germany (C$-5.16M or -47.2%). In November 2024, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from China (C$-9.34M or -35.6%), Slovakia (C$-5.52M or -22.2%), and India (C$-2.95M or -98.7%).