2022
Exports
$930MWorld Rnk 17 / 223
Flag Rnk 99 / 1210
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$2.33BWorld Rnk 6 / 224
Flag Rnk 39 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $930M in Engine Parts, making it the 17th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 99th most exported product in Canada. The main destination of Engine Parts exports from Canada are: United States ($816M), Mexico ($31.4M), Canada ($11.5M), Cuba ($10.1M), and France ($7.85M).

The fastest growing export markets for Engine Parts of Canada between 2021 and 2022 were United States ($117M), Mexico ($4.94M), and Cuba ($4.85M).

Imports In 2022, Canada imported $2.33B in Engine Parts, becoming the 6th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 39th most imported product in Canada. Canada imports Engine Parts primarily from: United States ($1.36B), Mexico ($535M), Germany ($157M), China ($96.8M), and Japan ($41.1M).

The fastest growing import markets in Engine Parts for Canada between 2021 and 2022 were Mexico ($125M), United States ($110M), and Germany ($65.8M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-7.73M(-9.19%)
IMPORT GROWTH (July 2023 - July 2024)C$-34.3M(-12.1%)
MAIN EXPORTER (July 2024)OntarioC$77.1M
MAIN DESTINATION (July 2024)United StatesC$70.5M

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$930M
IMPORTS (2022)$2.33B
NET TRADE (2022)-$1.4B

In 2022, Canada exported $930M in Engine Parts. The main destinations of Canada exports on Engine Parts were United States ($816M), Mexico ($31.4M), Canada ($11.5M), Cuba ($10.1M), and France ($7.85M).

In 2022, Canada imported $2.33B in Engine Parts, mainly from United States ($1.36B), Mexico ($535M), Germany ($157M), China ($96.8M), and Japan ($41.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$117M (16.7%)
Mexico$4.94M (18.7%)
Cuba$4.85M (92.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Canada WERE (2021 - 2022):
Canada-$4.27M (-27%)
South Korea-$4M (-61.8%)
Laos-$2.99M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Canada's main importing competitors in Engine Parts were:

Explore Visualizations

Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $271M
TOP IMPORT POTENTIALChina+ $68.7M

Engine Parts’s highest export potential is United States. With an export gap of $271M.   Engine Parts’s highest import potential is China with an import gap of $68.7M.

See methodology.

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