Exports In 2020, Canada exported $9.06B in Vehicle Parts, making it the 12th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 4th most exported product in Canada. The main destination of Vehicle Parts exports from Canada are: United States ($8.02B), Mexico ($781M), China ($50.3M), Finland ($27.1M), and Australia ($17.8M).
The fastest growing export markets for Vehicle Parts of Canada between 2019 and 2020 were Slovakia ($2.99M), Chile ($1.85M), and Italy ($1.41M).
Imports In 2020, Canada imported $14.6B in Vehicle Parts, becoming the 5th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most imported product in Canada. Canada imports Vehicle Parts primarily from: United States ($10.3B), Mexico ($1.17B), China ($1.08B), Japan ($1.03B), and Germany ($276M).
The fastest growing import markets in Vehicle Parts for Canada between 2019 and 2020 were Thailand ($7.85M), Honduras ($4.56M), and Vietnam ($3.04M).
Tariffs In 2018, the average tariff for Canada in Vehicle Parts was 1.85%. The countries with the highest import tariffs for Vehicle Parts were Botswana (Most Favoured Nation duty rate treatement, 3.23%), Algeria (Most Favoured Nation duty rate treatement, 3.23%), Western Sahara (Most Favoured Nation duty rate treatement, 3.23%), Gabon (Most Favoured Nation duty rate treatement, 3.23%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 3.23%).