HS Icon Motor vehicles; parts and accessories (8701 to 8705) in  Flag Canada

2020
Exports | Imports
: $9.06B | $14.6B, World Rnk 12 / 226
Flag Rnk 4 / 1208 | World Rnk 5 / 226
Flag Rnk 2 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.99M | $7.85M, Slovakia |  Thailand

2020
ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127

2020
PRODUCT COMPLEXITY  IN Motor vehicles; parts and accessories (8701 to 8705)
: 1, Rnk 174 / 1029

Exports In 2020, Canada exported $9.06B in Motor vehicles; parts and accessories (8701 to 8705), making it the 12th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 4th most exported product in Canada. The main destination of Motor vehicles; parts and accessories (8701 to 8705) 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 Motor vehicles; parts and accessories (8701 to 8705) 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 Motor vehicles; parts and accessories (8701 to 8705), becoming the 5th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most imported product in Canada. Canada imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United States ($10.3B), Mexico ($1.17B), China ($1.08B), Japan ($1.03B), and Germany ($276M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) 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 Motor vehicles; parts and accessories (8701 to 8705) was 1.85%. The countries with the highest import tariffs for Motor vehicles; parts and accessories (8701 to 8705) 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%).

October 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (October 2021 - October 2022): C$327M, (28.3%)

IMPORT GROWTH (October 2021 - October 2022): C$270M, (16.6%)

MAIN EXPORTER (October 2022): Ontario, C$1.34B

MAIN DESTINATION (October 2022): United States, C$1.34B

This section shows Motor vehicles; parts and accessories (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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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Historical Data

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EXPORTS (2020): $9.06B

IMPORTS (2020): $14.6B

NET TRADE (2020): -$5.52B

In 2020, Canada exported $9.06B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Canada exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($8.02B), Mexico ($781M), China ($50.3M), Finland ($27.1M), and Australia ($17.8M).

In 2020, Canada imported $14.6B in Motor vehicles; parts and accessories (8701 to 8705), mainly from United States ($10.3B), Mexico ($1.17B), China ($1.08B), Japan ($1.03B), and Germany ($276M).

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Flow

THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Canada WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Canada WERE (2019 - 2020):

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Market Concentration

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In 2020, Canada's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

In 2020, Canada's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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