Cars in 
Canada
undefined Exports | Imports : $31.8B | $21.7B, World Rnk 7 / 210 Rnk 2 / 1208 | World Rnk 8 / 224 Rnk 1 / 1213
Exports In N/A, 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).
Imports In N/A, 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).
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%).
Latest Trends
#permalink to sectionN/A
Subnational Monthly Trade
#permalink to sectionFor a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Cars. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (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).
Net Trade
#permalink to sectionIN 2020, Canada HAD A POSITIVE NET TRADE IN Cars WITH:
- United States , $19.1B ($29.7B - $10.6B)
- China , $306M ($471M - $165M)
- Chinese Taipei , $199M ($211M - $11.8M)
IN 2020, Canada HAD A NEGATIVE NET TRADE IN Cars WITH:
- South Korea , -$2.73B ($16.9M - $2.75B)
- Japan , -$2.71B ($36.7M - $2.74B)
- Mexico , -$2.5B ($90.4M - $2.59B)
Market Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, Canada's main exporting competitors in Cars were:
In 2019, Canada's main importing competitors in Cars were:
- United States , $178B
- United States , $177B
- United States , $177B
Tariffs
#permalink to sectionTariffs by Country
#permalink to sectionIn 2018, the average tariff for Canada in Cars was 3.73%.
The countries with the highest tariffs for Cars in Canada 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%).
