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Pricing

2022
Exports $49.3MWorld Rnk 11 / 55
Flag Rnk 498 / 1210
2022
Destination $13.3M United States
2021 - 2022
FASTEST GROWING MARKET $13.3MUnited States
2022
PRODUCT COMPLEXITY IN Railway Passenger Cars0.36Rnk 419 / 1025
2022
Imports $23.7MWorld Rnk 12 / 103
Flag Rnk 839 / 1213
2022
Origin $1.31M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.31MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $49.3M in Railway Passenger Cars, making it the 11th largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 498th most exported product in Canada. The main destination of Railway Passenger Cars exports from Canada are: United States ($49.3M), Gabon ($27.3k), Dominican Republic ($3.87k), and Australia ($28).

The fastest growing export markets for Railway Passenger Cars of Canada between 2021 and 2022 were United States ($13.3M), Dominican Republic ($1.4k), and Australia ($28).

Imports In 2022, Canada imported $23.7M in Railway Passenger Cars, becoming the 12th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 839th most imported product in Canada. Canada imports Railway Passenger Cars primarily from: United States ($17.7M), China ($5.98M), Austria ($24.7k), and South Korea ($636).

The fastest growing import markets in Railway Passenger Cars for Canada between 2021 and 2022 were China ($1.31M), Austria ($24.7k), and South Korea ($636).

Latest Trends

March 2024

About

Overview In March 2024 Canada's Railway Passenger Cars exports accounted up to C$15.7M and imports accounted up to C$62.4M, resulting in a negative trade balance of C$46.7M. Between August 2022 and March 2024 the exports of Canada's   Railway Passenger Cars have increased by C$5.73M (57.6%) from C$9.94M to C$15.7M, while imports increased by C$57.8M (1.27k%) from C$4.55M to C$62.4M.

Destinations In March 2024, Railway Passenger Cars were exported mostly to , and were imported mostly from United States (C$49.4M) and China (C$13M).

Growth In March 2024, the increase in Railway Passenger Cars's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Railway Passenger Cars's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2022 - March 2024)C$5.73M(57.6%)
IMPORT GROWTH (September 2022 - June 2024)C$57.8M(1.27k%)
MAIN EXPORTER (March 2024)OntarioC$20.8M
MAIN DESTINATION (March 2024)

This section shows Railway Passenger Cars'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 Passenger Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.3M
IMPORTS (2022)$23.7M
NET TRADE (2022)$25.7M

In 2022, Canada exported $49.3M in Railway Passenger Cars. The main destinations of Canada exports on Railway Passenger Cars were United States ($49.3M), Gabon ($27.3k), Dominican Republic ($3.87k), and Australia ($28).

In 2022, Canada imported $23.7M in Railway Passenger Cars, mainly from United States ($17.7M), China ($5.98M), Austria ($24.7k), and South Korea ($636).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$13.3M (37%)
Dominican Republic$1.4k (56.5%)
Australia$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Canada WERE (2021 - 2022):
Canada-$165k (-100%)
Gabon-$67.9k (-71.3%)
China-$2 (-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 Passenger Cars were:
Japan $243M
France $155M
Germany $142M
In 2022, Canada's main importing competitors in Railway Passenger Cars were:
Chinese Taipei $219M
Spain $156M
United States $118M

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.31k
TOP IMPORT POTENTIALAustria+ $23.8k

Railway Passenger Cars’s highest export potential is Germany. With an export gap of $2.31k.   Railway Passenger Cars’s highest import potential is Austria with an import gap of $23.8k.

See methodology.

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