2022
Exports
$186MWorld Rnk 14 / 144
Flag Rnk 297 / 1210
2022
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.68Rnk 282 / 1025
2022
Imports
$135MWorld Rnk 16 / 205
Flag Rnk 514 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $186M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 14th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 297th most exported product in Canada. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Canada are: United States ($174M), United Kingdom ($6M), Mexico ($3.82M), Canada ($1.22M), and India ($393k).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Canada between 2021 and 2022 were Canada ($1.04M), United Kingdom ($370k), and Indonesia ($315k).

Imports In 2022, Canada imported $135M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 16th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 514th most imported product in Canada. Canada imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: United States ($111M), Japan ($7.26M), China ($2.93M), United Kingdom ($2.73M), and Czechia ($2.56M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Canada between 2021 and 2022 were United States ($41.8M), Japan ($5.61M), and Czechia ($2.07M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$1.77M(8.76%)
IMPORT GROWTH (August 2023 - August 2024)C$870k(5.57%)
MAIN EXPORTER (August 2024)QuebecC$13.6M
MAIN DESTINATION (August 2024)United StatesC$21.8M

This section shows Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$186M
IMPORTS (2022)$135M
NET TRADE (2022)$51M

In 2022, Canada exported $186M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Canada exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were United States ($174M), United Kingdom ($6M), Mexico ($3.82M), Canada ($1.22M), and India ($393k).

In 2022, Canada imported $135M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from United States ($111M), Japan ($7.26M), China ($2.93M), United Kingdom ($2.73M), and Czechia ($2.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Canada$1.04M (577%)
United Kingdom$370k (6.57%)
Indonesia$315k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Canada WERE (2021 - 2022):
United States-$7.62M (-4.21%)
Japan-$2.2M (-95.9%)
Mexico-$605k (-13.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
In 2022, Canada's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.3M
TOP IMPORT POTENTIALChina+ $3.48M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is United States. With an export gap of $19.3M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $3.48M.

See methodology.

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