HS Icon Cars in  Flag Canada

2020
Exports | Imports
: $31.8B | $21.7B, World Rnk 7 / 210
Flag Rnk 2 / 1208 | World Rnk 8 / 224
Flag Rnk 1 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $130M | $152M, Chinese Taipei |  South Korea

2020
ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Canada exported $31.8B in Cars, making it the 7th largest exporter of Cars in the world. At the same year, Cars was the 2nd most exported product in Canada. The main destination of Cars exports from Canada are: United States ($29.7B), China ($471M), Chinese Taipei ($211M), Germany ($150M), and United Arab Emirates ($126M).

The fastest growing export markets for Cars of Canada between 2019 and 2020 were Chinese Taipei ($130M), Mexico ($33.3M), and Senegal ($17M).

Imports In 2020, Canada imported $21.7B in Cars, becoming the 8th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Canada. Canada imports Cars primarily from: United States ($10.6B), South Korea ($2.75B), Japan ($2.74B), Mexico ($2.59B), and Germany ($1.53B).

The fastest growing import markets in Cars for Canada between 2019 and 2020 were South Korea ($152M), China ($13.1M), and Chinese Taipei ($2.45M).

Tariffs In 2018, the average tariff for Canada in Cars was 3.73%. The countries with the highest import tariffs for Cars were Botswana (Most Favoured Nation duty rate treatement, 5.76%), Algeria (Most Favoured Nation duty rate treatement, 5.76%), Western Sahara (Most Favoured Nation duty rate treatement, 5.76%), Gabon (Most Favoured Nation duty rate treatement, 5.76%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 5.76%).

December 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (December 2021 - December 2022): C$224M, (6.49%)

IMPORT GROWTH (December 2021 - December 2022): C$218M, (7.02%)

MAIN EXPORTER (December 2022): Ontario, C$3.5B

MAIN DESTINATION (December 2022): United States, C$3.51B

This section shows Cars'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 Cars over time.

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Historical Data

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EXPORTS (2020): $31.8B

IMPORTS (2020): $21.7B

NET TRADE (2020): $10.1B

In 2020, Canada exported $31.8B in Cars. The main destinations of Canada exports on Cars were United States ($29.7B), China ($471M), Chinese Taipei ($211M), Germany ($150M), and United Arab Emirates ($126M).

In 2020, Canada imported $21.7B in Cars, mainly from United States ($10.6B), South Korea ($2.75B), Japan ($2.74B), Mexico ($2.59B), and Germany ($1.53B).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Canada WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Canada WERE (2019 - 2020):

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Market Concentration

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In 2020, Canada's main exporting competitors in Cars were:

In 2020, Canada's main importing competitors in Cars were:

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