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%).