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2022
Exports $272MWorld Rnk 21 / 182
Flag Rnk 233 / 1210
2022
Destination $52M United States
2021 - 2022
FASTEST GROWING MARKET $52MUnited States
2022
PRODUCT COMPLEXITY IN Motorcycles and cycles0.36Rnk 420 / 1025
2022
Imports $954MWorld Rnk 11 / 221
Flag Rnk 130 / 1213
2022
Origin $54.3M China
2021 - 2022
FASTEST GROWING ORIGIN $54.3MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $272M in Motorcycles and cycles, making it the 21st largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 233rd most exported product in Canada. The main destination of Motorcycles and cycles exports from Canada are: United States ($187M), Belgium ($44M), China ($8M), Australia ($4.39M), and Japan ($3.22M).

The fastest growing export markets for Motorcycles and cycles of Canada between 2021 and 2022 were United States ($52M), Belgium ($2.35M), and Israel ($1.21M).

Imports In 2022, Canada imported $954M in Motorcycles and cycles, becoming the 11th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 130th most imported product in Canada. Canada imports Motorcycles and cycles primarily from: China ($292M), United States ($229M), Japan ($97.9M), Austria ($62.7M), and Thailand ($57.1M).

The fastest growing import markets in Motorcycles and cycles for Canada between 2021 and 2022 were United States ($54.3M), China ($40.8M), and Austria ($19.8M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Motorcycles and cycles exports accounted up to C$5.29M and imports accounted up to C$81.8M, resulting in a negative trade balance of C$76.5M. Between August 2023 and August 2024 the exports of Canada's   Motorcycles and cycles have increased by C$616k (13.2%) from C$4.67M to C$5.29M, while imports increased by C$8.51M (11.6%) from C$73.3M to C$81.8M.

Destinations In August 2024, Motorcycles and cycles were exported mostly to United States (C$1.43M), United Kingdom (C$879k), Spain (C$501k), South Korea (C$429k), and Mexico (C$414k), and were imported mostly from United States (C$27.7M), China (C$18M), Austria (C$10.1M), Chinese Taipei (C$6.1M), and Italy (C$4.72M).

Growth In August 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Spain (C$3.78M or 156k%), United States (C$836k or 127%), and Poland (C$191k or 132%). In August 2024, the increase in Motorcycles and cycles's year-by-year imports was explained primarily by an increase in imports from Thailand (C$5.71M or 69.5%), Chinese Taipei (C$3.07M or 51.2%), and Japan (C$2.75M or 40%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$616k(13.2%)
IMPORT GROWTH (August 2023 - August 2024)C$8.51M(11.6%)
MAIN EXPORTER (August 2024)QuebecC$57.6M
MAIN DESTINATION (August 2024)United StatesC$1.43M

This section shows Motorcycles and cycles'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 Motorcycles and cycles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$272M
IMPORTS (2022)$954M
NET TRADE (2022)-$682M

In 2022, Canada exported $272M in Motorcycles and cycles. The main destinations of Canada exports on Motorcycles and cycles were United States ($187M), Belgium ($44M), China ($8M), Australia ($4.39M), and Japan ($3.22M).

In 2022, Canada imported $954M in Motorcycles and cycles, mainly from China ($292M), United States ($229M), Japan ($97.9M), Austria ($62.7M), and Thailand ($57.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$52M (38.4%)
Belgium$2.35M (5.63%)
Israel$1.21M (214%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY Canada WERE (2021 - 2022):
Morocco-$5.67M (-94.2%)
Japan-$1.81M (-36%)
Pakistan-$1.38M (-88%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Motorcycles and cycles were:
China $11.6B
Germany $3.36B
Japan $3.25B
In 2022, Canada's main importing competitors in Motorcycles and cycles were:
United States $5.02B
Germany $3.71B
France $2.53B

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $75.7M
TOP IMPORT POTENTIALChina+ $41.3M

Motorcycles and cycles’s highest export potential is United States. With an export gap of $75.7M.   Motorcycles and cycles’s highest import potential is China with an import gap of $41.3M.

See methodology.

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