2023
Exports
$230MWorld Rnk 20 / 190
Flag Rnk 249 / 1212
2023
PRODUCT COMPLEXITY IN Motorcycles and cycles
0.4Rnk 414 / 1025
2023
Imports
$792MWorld Rnk 15 / 221
Flag Rnk 139 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $230M in Motorcycles and cycles, making it the 20th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 249th most exported product in Canada. The main destination of Motorcycles and cycles exports from Canada are: United States ($160M), Spain ($19.8M), Belgium ($13.1M), China ($12.9M), and Australia ($3.17M).

The fastest growing export markets for Motorcycles and cycles of Canada between 2022 and 2023 were Spain ($18.5M), China ($4.91M), and Saudi Arabia ($1.72M).

Imports In 2023, Canada imported $792M in Motorcycles and cycles, becoming the 15th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 139th most imported product in Canada. Canada imports Motorcycles and cycles primarily from: United States ($182M), China ($164M), Japan ($95.1M), Austria ($74.4M), and Chinese Taipei ($68.4M).

The fastest growing import markets in Motorcycles and cycles for Canada between 2022 and 2023 were Austria ($9.13M), Italy ($2.94M), and Bulgaria ($2.22M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$461k(13.9%)
IMPORT GROWTH (December 2023 - December 2024)C$-22.2M(-37.9%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)SpainC$1.07M

This section shows Motorcycles and cycles'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 Motorcycles and cycles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$230M
IMPORTS (2023)$792M
NET TRADE (2023)-$562M

In 2023, Canada exported $230M in Motorcycles and cycles. The main destinations of Canada exports on Motorcycles and cycles were United States ($160M), Spain ($19.8M), Belgium ($13.1M), China ($12.9M), and Australia ($3.17M).

In 2023, Canada imported $792M in Motorcycles and cycles, mainly from United States ($182M), China ($164M), Japan ($95.1M), Austria ($74.4M), and Chinese Taipei ($68.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Spain$18.5M (1.42k%)
China$4.91M (61.3%)
Saudi Arabia$1.72M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY Canada WERE (2022 - 2023):
United States-$9.42M (-5.58%)
Israel-$1.75M (-98.7%)
Australia-$1.41M (-30.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Motorcycles and cycles were:
China $9.61B
Japan $3.39B
Germany $3.24B
In 2023, Canada's main importing competitors in Motorcycles and cycles were:

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $75.7M
TOP IMPORT POTENTIALChina+ $41.3M

Motorcycles and cycles’s highest export potential is United States. With an export gap of $75.7M.   Motorcycles and cycles’s highest import potential is China with an import gap of $41.3M.

See methodology.

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