2022
Exports
$2.39BWorld Rnk 8 / 180
Flag Rnk 38 / 1210
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$4.24BWorld Rnk 2 / 222
Flag Rnk 17 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.39B in Spark-Ignition Engines, making it the 8th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 38th most exported product in Canada. The main destination of Spark-Ignition Engines exports from Canada are: United States ($2.26B), Nepal ($23.5M), China ($18.8M), Singapore ($11.6M), and Argentina ($8.81M).

The fastest growing export markets for Spark-Ignition Engines of Canada between 2021 and 2022 were United States ($216M), Nepal ($22M), and Argentina ($7.08M).

Imports In 2022, Canada imported $4.24B in Spark-Ignition Engines, becoming the 2nd largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 17th most imported product in Canada. Canada imports Spark-Ignition Engines primarily from: United States ($2.75B), Mexico ($695M), Spain ($247M), Japan ($220M), and Austria ($172M).

The fastest growing import markets in Spark-Ignition Engines for Canada between 2021 and 2022 were Mexico ($339M), Japan ($67M), and United States ($34.4M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Spark-Ignition Engines from Canada to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-93.5M(-30.5%)
IMPORT GROWTH (July 2023 - July 2024)C$-22.1M(-4.35%)
MAIN EXPORTER (July 2024)OntarioC$310M
MAIN DESTINATION (July 2024)United StatesC$210M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.39B
IMPORTS (2022)$4.24B
NET TRADE (2022)-$1.85B

In 2022, Canada exported $2.39B in Spark-Ignition Engines. The main destinations of Canada exports on Spark-Ignition Engines were United States ($2.26B), Nepal ($23.5M), China ($18.8M), Singapore ($11.6M), and Argentina ($8.81M).

In 2022, Canada imported $4.24B in Spark-Ignition Engines, mainly from United States ($2.75B), Mexico ($695M), Spain ($247M), Japan ($220M), and Austria ($172M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$216M (10.6%)
Nepal$22M (1.51k%)
Argentina$7.08M (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Canada WERE (2021 - 2022):
Singapore-$26.1M (-69.2%)
Russia-$14.4M (-98.2%)
Thailand-$13.7M (-95.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Spark-Ignition Engines were:
In 2022, Canada's main importing competitors in Spark-Ignition Engines were:

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $353M
TOP IMPORT POTENTIALJapan+ $40.3M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $353M.   Spark-Ignition Engines’s highest import potential is Japan with an import gap of $40.3M.

See methodology.

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