2023
Exports
$207MWorld Rnk 17 / 176
Flag Rnk 264 / 1212
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$920MWorld Rnk 3 / 219
Flag Rnk 118 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $207M in Recreational Boats, making it the 17th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 264th most exported product in Canada. The main destination of Recreational Boats exports from Canada are: United States ($182M), Hong Kong ($5.1M), United Kingdom ($3.7M), Chile ($1.45M), and France ($1.37M).

The fastest growing export markets for Recreational Boats of Canada between 2022 and 2023 were United States ($19.1M), Hong Kong ($5.06M), and Chile ($1.26M).

Imports In 2023, Canada imported $920M in Recreational Boats, becoming the 3rd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 118th most imported product in Canada. Canada imports Recreational Boats primarily from: United States ($677M), Mexico ($111M), France ($29.2M), China ($26.3M), and Poland ($17.6M).

The fastest growing import markets in Recreational Boats for Canada between 2022 and 2023 were Mexico ($7.62M), Germany ($3.09M), and Croatia ($1.17M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-2.64M(-15.8%)
IMPORT GROWTH (November 2023 - November 2024)C$-20.2M(-38.5%)
MAIN EXPORTER (November 2024)British ColumbiaC$73.8M
MAIN DESTINATION (November 2024)United StatesC$10.5M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$207M
IMPORTS (2023)$920M
NET TRADE (2023)-$713M

In 2023, Canada exported $207M in Recreational Boats. The main destinations of Canada exports on Recreational Boats were United States ($182M), Hong Kong ($5.1M), United Kingdom ($3.7M), Chile ($1.45M), and France ($1.37M).

In 2023, Canada imported $920M in Recreational Boats, mainly from United States ($677M), Mexico ($111M), France ($29.2M), China ($26.3M), and Poland ($17.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$19.1M (11.7%)
Hong Kong$5.06M (11.8k%)
Chile$1.26M (677%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Canada WERE (2022 - 2023):
Kuwait-$1.8M (-93%)
Australia-$1.08M (-61.8%)
New Zealand-$1.03M (-79.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Recreational Boats were:
In 2023, Canada's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $48.5M
TOP IMPORT POTENTIALItaly+ $15M

Recreational Boats’s highest export potential is United States. With an export gap of $48.5M.   Recreational Boats’s highest import potential is Italy with an import gap of $15M.

See methodology.

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