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2023
Exports $598MWorld Rnk 6 / 158
Flag Rnk 144 / 1212
2023
Destination $112M United States
2022 - 2023
FASTEST GROWING MARKET $112MUnited States
2023
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.27Rnk 471 / 1025
2023
Imports $1.1BWorld Rnk 2 / 216
Flag Rnk 103 / 1211
2023
Origin $246M United States
2022 - 2023
FASTEST GROWING ORIGIN $246MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $598M in Special purpose motor vehicles, making it the 6th largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 144th most exported product in Canada. The main destination of Special purpose motor vehicles exports from Canada are: United States ($551M), Mexico ($9.74M), Nicaragua ($8.03M), Saudi Arabia ($8M), and Peru ($2.79M).

The fastest growing export markets for Special purpose motor vehicles of Canada between 2022 and 2023 were United States ($112M), Nicaragua ($8.02M), and Saudi Arabia ($4.54M).

Imports In 2023, Canada imported $1.1B in Special purpose motor vehicles, becoming the 2nd largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 103rd most imported product in Canada. Canada imports Special purpose motor vehicles primarily from: United States ($936M), Germany ($79.4M), Mexico ($44.4M), Italy ($12M), and Denmark ($7.42M).

The fastest growing import markets in Special purpose motor vehicles for Canada between 2022 and 2023 were United States ($246M), Germany ($18.3M), and Japan ($4.23M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Special purpose motor vehicles exports accounted up to C$95.4M and imports accounted up to C$167M, resulting in a negative trade balance of C$71.6M. Between December 2023 and December 2024 the exports of Canada's   Special purpose motor vehicles have increased by C$18.8M (24.5%) from C$76.6M to C$95.4M, while imports increased by C$44.4M (36.2%) from C$123M to C$167M.

Destinations In December 2024, Special purpose motor vehicles were exported mostly to United States (C$94.3M), Chile (C$973k), and Turkey (C$129k), and were imported mostly from United States (C$137M), Mexico (C$14.3M), Germany (C$11.3M), Norway (C$1.9M), and Denmark (C$1.39M).

Growth In December 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to United States (C$12.4M or 27.4%). In December 2024, the increase in Special purpose motor vehicles's year-by-year imports was explained primarily by an increase in imports from United States (C$32.3M or 35.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$18.8M(24.5%)
IMPORT GROWTH (December 2023 - December 2024)C$44.4M(36.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$94.3M

This section shows Special purpose motor 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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$598M
IMPORTS (2023)$1.1B
NET TRADE (2023)-$507M

In 2023, Canada exported $598M in Special purpose motor vehicles. The main destinations of Canada exports on Special purpose motor vehicles were United States ($551M), Mexico ($9.74M), Nicaragua ($8.03M), Saudi Arabia ($8M), and Peru ($2.79M).

In 2023, Canada imported $1.1B in Special purpose motor vehicles, mainly from United States ($936M), Germany ($79.4M), Mexico ($44.4M), Italy ($12M), and Denmark ($7.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$112M (25.5%)
Nicaragua$8.02M (69.3k%)
Saudi Arabia$4.54M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Canada WERE (2022 - 2023):
Australia-$7.41M (-77.1%)
Vietnam-$5.07M (-100%)
South Africa-$3.26M (-97%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Special purpose motor vehicles were:
Germany $4.51B
China $2.86B
United States $2.33B
In 2023, Canada's main importing competitors in Special purpose motor vehicles were:
United States $2.1B
Thailand $783M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $3.28M
TOP IMPORT POTENTIALGermany+ $18.3M

Special purpose motor vehicles’s highest export potential is Australia. With an export gap of $3.28M.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $18.3M.

See methodology.

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