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Pricing

2022
Exports $19.7MWorld Rnk 8 / 62
Flag Rnk 675 / 1210
2022
Destination $1.2M United States
2021 - 2022
FASTEST GROWING MARKET $1.2MUnited States
2022
PRODUCT COMPLEXITY IN Railway Maintenance Vehicles0.25Rnk 474 / 1025
2022
Imports $84.3MWorld Rnk 3 / 113
Flag Rnk 602 / 1213
2022
Origin $10.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.2MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $19.7M in Railway Maintenance Vehicles, making it the 8th largest exporter of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 675th most exported product in Canada. The main destination of Railway Maintenance Vehicles exports from Canada are: United States ($19.2M), France ($326k), Canada ($173k), and South Africa ($11.5k).

The fastest growing export markets for Railway Maintenance Vehicles of Canada between 2021 and 2022 were United States ($1.2M), France ($326k), and Canada ($96.2k).

Imports In 2022, Canada imported $84.3M in Railway Maintenance Vehicles, becoming the 3rd largest importer of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 602nd most imported product in Canada. Canada imports Railway Maintenance Vehicles primarily from: United States ($83M), France ($790k), Canada ($173k), Austria ($170k), and Germany ($117k).

The fastest growing import markets in Railway Maintenance Vehicles for Canada between 2021 and 2022 were United States ($10.2M), France ($287k), and Canada ($96.2k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Railway Maintenance Vehicles exports accounted up to C$2.31M and imports accounted up to C$15.7M, resulting in a negative trade balance of C$13.4M. Between June 2023 and June 2024 the exports of Canada's   Railway Maintenance Vehicles have increased by C$983k (74.1%) from C$1.33M to C$2.31M, while imports increased by C$4.53M (40.4%) from C$11.2M to C$15.7M.

Destinations In June 2024, Railway Maintenance Vehicles were exported mostly to United States (C$2.31M), and were imported mostly from United States (C$15.7M), United Kingdom (C$5.94k), and Japan (C$443).

Growth In June 2024, the increase in Railway Maintenance Vehicles's year-by-year exports was explained primarily by an increase in exports to United States (C$125k or 5.09%). In June 2024, the increase in Railway Maintenance Vehicles's year-by-year imports was explained primarily by an increase in imports from United States (C$8.3M or 106%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$983k(74.1%)
IMPORT GROWTH (June 2023 - June 2024)C$4.53M(40.4%)
MAIN EXPORTER (June 2024)QuebecC$7.07M
MAIN DESTINATION (June 2024)United StatesC$2.31M

This section shows Railway Maintenance Vehicles'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 Railway Maintenance Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.7M
IMPORTS (2022)$84.3M
NET TRADE (2022)-$64.6M

In 2022, Canada exported $19.7M in Railway Maintenance Vehicles. The main destinations of Canada exports on Railway Maintenance Vehicles were United States ($19.2M), France ($326k), Canada ($173k), and South Africa ($11.5k).

In 2022, Canada imported $84.3M in Railway Maintenance Vehicles, mainly from United States ($83M), France ($790k), Canada ($173k), Austria ($170k), and Germany ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Maintenance Vehicles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.2M (6.69%)
France$326k (1%)
Canada$96.2k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Maintenance Vehicles BY Canada WERE (2021 - 2022):
Italy-$118k (-100%)
Ireland-$55k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Railway Maintenance Vehicles were:
Austria $263M
United States $179M
China $159M
In 2022, Canada's main importing competitors in Railway Maintenance Vehicles were:
Indonesia $120M
Japan $96.7M

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Trade Value of Railway Maintenance Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $61.2k
TOP IMPORT POTENTIALAustria+ $335k

Railway Maintenance Vehicles’s highest export potential is France. With an export gap of $61.2k.   Railway Maintenance Vehicles’s highest import potential is Austria with an import gap of $335k.

See methodology.

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