Buses in Canada | The Observatory of Economic Complexity

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Exports In 2023, Canada exported $746M in Buses, making it the 8th largest exporter of Buses in the world. At the same year, Buses was the 124th most exported product in Canada. The main destination of Buses exports from Canada are: United States ($741M), United Arab Emirates ($969k), Australia ($701k), Germany ($652k), and Nigeria ($432k).

The fastest growing export markets for Buses of Canada between 2022 and 2023 were United States ($238M), Australia ($701k), and United Arab Emirates ($243k).

Imports In 2023, Canada imported $624M in Buses, becoming the 7th largest importer of Buses in the world. At the same year, Buses was the 172nd most imported product in Canada. Canada imports Buses primarily from: United States ($611M), Germany ($6.76M), Turkey ($2.43M), Belgium ($1.49M), and Mexico ($777k).

The fastest growing import markets in Buses for Canada between 2022 and 2023 were United States ($155M), Germany ($3.13M), and Belgium ($1.48M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Buses from Canada to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Canada's Buses exports accounted up to C$127M and imports accounted up to C$94.8M, resulting in a positive trade balance of C$32.3M. Between November 2023 and November 2024 the exports of Canada's Buses have decreased by C$-556k (-0.44%) from C$128M to C$127M, while imports increased by C$14.1M (17.5%) from C$80.7M to C$94.8M.

Destinations In November 2024, Buses were exported mostly to United States (C$127M), Spain (C$51.1k), Morocco (C$38.8k), Guyana (C$30k), and Netherlands (C$26.7k), and were imported mostly from United States (C$86.6M), Germany (C$3.44M), Turkey (C$2.91M), Canada (C$1.82M), and United Kingdom (C$16.2k).

Growth In November 2024, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from United States (C$20.7M or 74.7%) and Germany (C$257k or 229%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)C$-556k(-0.44%)

IMPORT GROWTH (November 2023 - November 2024)C$14.1M(17.5%)

MAIN EXPORTER (November 2024)QuebecC$87.4M

MAIN DESTINATION (November 2024)United StatesC$127M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$746M

IMPORTS (2023)$624M

NET TRADE (2023)$122M

In 2023, Canada exported $746M in Buses. The main destinations of Canada exports on Buses were United States ($741M), United Arab Emirates ($969k), Australia ($701k), Germany ($652k), and Nigeria ($432k).

In 2023, Canada imported $624M in Buses, mainly from United States ($611M), Germany ($6.76M), Turkey ($2.43M), Belgium ($1.49M), and Mexico ($777k).

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