Large Construction Vehicles in Canada 2021 Exports | Imports : $133M | $2.99B, World Rnk 25 / 185 Rnk 336 / 1212 | World Rnk 2 / 222 Rnk 26 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.82M | $484M, Australia | United States
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Large Construction Vehicles: 0.9, Rnk 203 / 1029
Exports In 2021, Canada exported $133M in Large Construction Vehicles, making it the 25th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 336th most exported product in Canada. The main destination of Large Construction Vehicles exports from Canada are: United States ($79.3M), Australia ($8.62M), Egypt ($7.15M), Mexico ($5.47M), and Peru ($3.07M).
The fastest growing export markets for Large Construction Vehicles of Canada between 2020 and 2021 were Australia ($3.82M), Egypt ($2.4M), and Peru ($874k).
Imports In 2021, Canada imported $2.99B in Large Construction Vehicles, becoming the 2nd largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 26th most imported product in Canada. Canada imports Large Construction Vehicles primarily from: United States ($2.02B), Japan ($391M), Brazil ($115M), China ($108M), and Germany ($93.1M).
The fastest growing import markets in Large Construction Vehicles for Canada between 2020 and 2021 were United States ($484M), Japan ($154M), and China ($65.1M).
December 2022
Overview In December 2022 Canada's Large Construction Vehicles exports accounted up to C$9.46M and imports accounted up to C$423M, resulting in a negative trade balance of C$414M. Between December 2021 and December 2022 the exports of Canada's Large Construction Vehicles have increased by C$2.74M (40.7%) from C$6.73M to C$9.46M, while imports increased by C$70.8M (20.1%) from C$352M to C$423M.
Destinations In December 2022, Large Construction Vehicles were exported mostly to United States (C$8.43M), Egypt (C$342k), United Arab Emirates (C$124k), Guyana (C$110k), and Ghana (C$95.1k), and were imported mostly from United States (C$174M), Japan (C$104M), South Korea (C$30.1M), China (C$25.9M), and Brazil (C$20.5M).
Growth In December 2022, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Australia (C$400k or 45.4%), Egypt (C$142k or 38.1%), and United Arab Emirates (C$100k or 286%). In December 2022, the increase in Large Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from Japan (C$47.5M or 96.2%), United States (C$29.6M or 26.1%), and China (C$19.7M or 171%).
EXPORT GROWTH (December 2021 - December 2022): C$2.74M, (40.7%)
IMPORT GROWTH (December 2021 - December 2022): C$70.8M, (20.1%)
MAIN EXPORTER (December 2022): Ontario, C$7.39M
MAIN DESTINATION (December 2022): United States, C$8.43M
This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.
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EXPORTS (2021): $133M
IMPORTS (2021): $2.99B
NET TRADE (2021): -$2.86B
In 2021, Canada exported $133M in Large Construction Vehicles. The main destinations of Canada exports on Large Construction Vehicles were United States ($79.3M), Australia ($8.62M), Egypt ($7.15M), Mexico ($5.47M), and Peru ($3.07M).
In 2021, Canada imported $2.99B in Large Construction Vehicles, mainly from United States ($2.02B), Japan ($391M), Brazil ($115M), China ($108M), and Germany ($93.1M).
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Large Construction Vehicles were:
In 2021, Canada's main importing competitors in Large Construction Vehicles were:
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