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2022
Exports $498MWorld Rnk 5 / 159
Flag Rnk 172 / 1210
2022
Destination $55.3M United States
2021 - 2022
FASTEST GROWING MARKET $55.3MUnited States
2022
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.29Rnk 457 / 1025
2022
Imports $892MWorld Rnk 2 / 220
Flag Rnk 137 / 1213
2022
Origin $66.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $66.5MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $498M in Special purpose motor vehicles, making it the 5th largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 172nd most exported product in Canada. The main destination of Special purpose motor vehicles exports from Canada are: United States ($451M), Australia ($11.3M), Canada ($5.05M), Vietnam ($4.98M), and Saudi Arabia ($3.46M).

The fastest growing export markets for Special purpose motor vehicles of Canada between 2021 and 2022 were United States ($55.3M), Australia ($9.36M), and Vietnam ($2.93M).

Imports In 2022, Canada imported $892M in Special purpose motor vehicles, becoming the 2nd largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 137th most imported product in Canada. Canada imports Special purpose motor vehicles primarily from: United States ($722M), Germany ($54.4M), Italy ($45M), Mexico ($44M), and Denmark ($8.5M).

The fastest growing import markets in Special purpose motor vehicles for Canada between 2021 and 2022 were United States ($66.5M), Mexico ($20.5M), and Germany ($11.3M).

Latest Trends

April 2024

About

Overview In April 2024 Canada's Special purpose motor vehicles exports accounted up to C$73.6M and imports accounted up to C$186M, resulting in a negative trade balance of C$113M. Between April 2023 and April 2024 the exports of Canada's   Special purpose motor vehicles have increased by C$13.8M (23.2%) from C$59.8M to C$73.6M, while imports increased by C$34M (22.3%) from C$152M to C$186M.

Destinations In April 2024, Special purpose motor vehicles were exported mostly to United States (C$73.6M) and South Korea (C$38.3k), and were imported mostly from United States (C$152M), Germany (C$16M), Mexico (C$7.87M), Italy (C$2.79M), and Denmark (C$1.6M).

Growth In April 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to United States (C$6.45M or 16.7%). In April 2024, the increase in Special purpose motor vehicles's year-by-year imports was explained primarily by an increase in imports from United States (C$36.4M or 65.6%), Germany (C$12.7M or 740%), and Mexico (C$2.8M or 92.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)C$13.8M(23.2%)
IMPORT GROWTH (April 2023 - April 2024)C$34M(22.3%)
MAIN EXPORTER (April 2024)AlbertaC$30.6M
MAIN DESTINATION (April 2024)United StatesC$73.6M

This section shows Special purpose motor 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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$498M
IMPORTS (2022)$892M
NET TRADE (2022)-$394M

In 2022, Canada exported $498M in Special purpose motor vehicles. The main destinations of Canada exports on Special purpose motor vehicles were United States ($451M), Australia ($11.3M), Canada ($5.05M), Vietnam ($4.98M), and Saudi Arabia ($3.46M).

In 2022, Canada imported $892M in Special purpose motor vehicles, mainly from United States ($722M), Germany ($54.4M), Italy ($45M), Mexico ($44M), and Denmark ($8.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$55.3M (14%)
Australia$9.36M (475%)
Vietnam$2.93M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Canada WERE (2021 - 2022):
Netherlands-$7.27M (-99.5%)
Hong Kong-$3.41M (-100%)
Mexico-$3.07M (-55.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Special purpose motor vehicles were:
Germany $3.89B
China $2.11B
United States $1.52B
In 2022, Canada's main importing competitors in Special purpose motor vehicles were:
United States $1.05B
France $627M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $3.28M
TOP IMPORT POTENTIALGermany+ $18.3M

Special purpose motor vehicles’s highest export potential is Australia. With an export gap of $3.28M.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $18.3M.

See methodology.

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