Other Construction Vehicles in Canada 2021 Exports | Imports : $337M | $688M, World Rnk 8 / 175 Rnk 201 / 1212 | World Rnk 2 / 216 Rnk 154 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $59.2M | $54.3M, United States | Germany
2021 ECONOMIC COMPLEXITY of Canada: 0.9, Rnk 32 / 131
2021 PRODUCT COMPLEXITY IN Other Construction Vehicles: -0.86, Rnk 793 / 1024
Exports In 2021, Canada exported $337M in Other Construction Vehicles, making it the 8th largest exporter of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 201st most exported product in Canada. The main destination of Other Construction Vehicles exports from Canada are: United States ($241M), Australia ($11.3M), Oman ($7.51M), Trinidad and Tobago ($6.34M), and Liberia ($5.45M).
The fastest growing export markets for Other Construction Vehicles of Canada between 2020 and 2021 were United States ($59.2M), Oman ($7.51M), and Trinidad and Tobago ($6.33M).
Imports In 2021, Canada imported $688M in Other Construction Vehicles, becoming the 2nd largest importer of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 154th most imported product in Canada. Canada imports Other Construction Vehicles primarily from: United States ($309M), Finland ($93.4M), Germany ($88.6M), China ($53.6M), and Sweden ($33.9M).
The fastest growing import markets in Other Construction Vehicles for Canada between 2020 and 2021 were Germany ($54.3M), Finland ($44.7M), and United States ($39M).
May 2023
Overview In May 2023 Canada's Other Construction Vehicles exports accounted up to C$41M and imports accounted up to C$60.4M, resulting in a negative trade balance of C$19.4M. Between May 2022 and May 2023 the exports of Canada's Other Construction Vehicles have decreased by C$-579k (-1.39%) from C$41.6M to C$41M, while imports decreased by C$-20.7M (-25.6%) from C$81.1M to C$60.4M.
Destinations In May 2023, Other Construction Vehicles were exported mostly to United States (C$37.3M), Mauritania (C$1.05M), Peru (C$520k), Iceland (C$442k), and Republic of the Congo (C$434k), and were imported mostly from United States (C$35.9M), Germany (C$9.92M), Sweden (C$3.25M), Italy (C$3.22M), and Japan (C$1.51M).
Growth In May 2023, the decrease in Other Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Chile (C$-1.12M or -90.1%), India (C$-58.2k or -90%), and Finland (C$-16.9k or -30.2%). In May 2023, the decrease in Other Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from Finland (C$-2.61M or -29.5%), United States (C$-2.5M or -13.6%), and Vietnam (C$-433k or -90.8%).
EXPORT GROWTH (May 2022 - May 2023): C$-579k, (-1.39%)
IMPORT GROWTH (May 2022 - May 2023): C$-20.7M, (-25.6%)
MAIN EXPORTER (May 2023): Ontario, C$14.1M
MAIN DESTINATION (May 2023): United States, C$37.3M
This section shows Other 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 Other Construction Vehicles over time.
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EXPORTS (2021): $337M
IMPORTS (2021): $688M
NET TRADE (2021): -$351M
In 2021, Canada exported $337M in Other Construction Vehicles. The main destinations of Canada exports on Other Construction Vehicles were United States ($241M), Australia ($11.3M), Oman ($7.51M), Trinidad and Tobago ($6.34M), and Liberia ($5.45M).
In 2021, Canada imported $688M in Other Construction Vehicles, mainly from United States ($309M), Finland ($93.4M), Germany ($88.6M), China ($53.6M), and Sweden ($33.9M).
THE FASTEST GROWING Other Construction Vehicles EXPORT MARKETS FOR Canada WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Construction Vehicles BY Canada WERE (2020 - 2021):
In 2021, Canada's main exporting competitors in Other Construction Vehicles were:
In 2021, Canada's main importing competitors in Other Construction Vehicles were:
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