2022
Exports
$189MWorld Rnk 15 / 144
Flag Rnk 294 / 1210
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$556MWorld Rnk 7 / 200
Flag Rnk 206 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $189M in Locomotive Parts, making it the 15th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 294th most exported product in Canada. The main destination of Locomotive Parts exports from Canada are: United States ($167M), Egypt ($2.99M), Canada ($2.52M), Turkey ($1.61M), and Gabon ($1.41M).

The fastest growing export markets for Locomotive Parts of Canada between 2021 and 2022 were United States ($35.7M), Gabon ($1.14M), and China ($967k).

Imports In 2022, Canada imported $556M in Locomotive Parts, becoming the 7th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 206th most imported product in Canada. Canada imports Locomotive Parts primarily from: United States ($418M), China ($46.3M), Mexico ($23.4M), France ($14.2M), and United Kingdom ($11.9M).

The fastest growing import markets in Locomotive Parts for Canada between 2021 and 2022 were United States ($86.9M), France ($5.74M), and United Kingdom ($4.3M).

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

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-5.62M(-23.6%)
IMPORT GROWTH (August 2023 - August 2024)C$2.24M(4.69%)
MAIN EXPORTER (August 2024)ManitobaC$11.6M
MAIN DESTINATION (August 2024)United StatesC$17M

This section shows Locomotive 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 Locomotive Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$189M
IMPORTS (2022)$556M
NET TRADE (2022)-$367M

In 2022, Canada exported $189M in Locomotive Parts. The main destinations of Canada exports on Locomotive Parts were United States ($167M), Egypt ($2.99M), Canada ($2.52M), Turkey ($1.61M), and Gabon ($1.41M).

In 2022, Canada imported $556M in Locomotive Parts, mainly from United States ($418M), China ($46.3M), Mexico ($23.4M), France ($14.2M), and United Kingdom ($11.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$35.7M (27.3%)
Gabon$1.14M (425%)
China$967k (226%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Canada WERE (2021 - 2022):
Indonesia-$7.11M (-94%)
Mexico-$2.62M (-85.2%)
Malawi-$386k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Locomotive Parts were:
In 2022, Canada's main importing competitors in Locomotive Parts were:

Explore Visualizations

Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.6M
TOP IMPORT POTENTIALChina+ $14.3M

Locomotive Parts’s highest export potential is United States. With an export gap of $21.6M.   Locomotive Parts’s highest import potential is China with an import gap of $14.3M.

See methodology.

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