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2022
Exports $1.25BWorld Rnk 13 / 219
Flag Rnk 72 / 1210
2022
Destination $152M United States
2021 - 2022
FASTEST GROWING MARKET $152MUnited States
2022
PRODUCT COMPLEXITY IN Transmissions1.46Rnk 62 / 1025
2022
Imports $3BWorld Rnk 5 / 225
Flag Rnk 31 / 1213
2022
Origin $233M United States
2021 - 2022
FASTEST GROWING ORIGIN $233MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.25B in Transmissions, making it the 13th largest exporter of Transmissions in the world. At the same year, Transmissions was the 72nd most exported product in Canada. The main destination of Transmissions exports from Canada are: United States ($848M), Canada ($68.7M), Mexico ($51.3M), Germany ($34.4M), and Japan ($26.9M).

The fastest growing export markets for Transmissions of Canada between 2021 and 2022 were United States ($152M), Canada ($15.8M), and Peru ($3.41M).

Imports In 2022, Canada imported $3B in Transmissions, becoming the 5th largest importer of Transmissions in the world. At the same year, Transmissions was the 31st most imported product in Canada. Canada imports Transmissions primarily from: United States ($1.87B), China ($275M), Japan ($174M), Germany ($131M), and Mexico ($77.5M).

The fastest growing import markets in Transmissions for Canada between 2021 and 2022 were United States ($233M), China ($54.6M), and Japan ($44M).

COMPANIES In 2023, leading companies such as Mazda (4) and Celebrity Cruises (1) were at the forefront of shipping Transmissions from Canada to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Canada's Transmissions exports accounted up to C$113M and imports accounted up to C$415M, resulting in a negative trade balance of C$301M. Between August 2023 and August 2024 the exports of Canada's   Transmissions have decreased by C$-12.4M (-9.92%) from C$126M to C$113M, while imports increased by C$13.6M (3.39%) from C$401M to C$415M.

Destinations In August 2024, Transmissions were exported mostly to United States (C$92.5M), Australia (C$2.83M), South Korea (C$2.75M), Japan (C$2.44M), and Mexico (C$2.31M), and were imported mostly from United States (C$211M), Japan (C$32.6M), China (C$30.7M), Germany (C$26.9M), and Canada (C$18.3M).

Growth In August 2024, the decrease in Transmissions's year-by-year exports was explained primarily by a decrease in exports to Italy (C$-4.94M or -88.8%), Mexico (C$-1.32M or -19.7%), and Spain (C$-811k or -72.3%). In August 2024, the increase in Transmissions's year-by-year imports was explained primarily by an increase in imports from United States (C$52.1M or 38.2%), China (C$17.6M or 68.1%), and Germany (C$14.3M or 97.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$-12.4M(-9.92%)
IMPORT GROWTH (August 2023 - August 2024)C$13.6M(3.39%)
MAIN EXPORTER (August 2024)OntarioC$96.5M
MAIN DESTINATION (August 2024)United StatesC$92.5M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.25B
IMPORTS (2022)$3B
NET TRADE (2022)-$1.75B

In 2022, Canada exported $1.25B in Transmissions. The main destinations of Canada exports on Transmissions were United States ($848M), Canada ($68.7M), Mexico ($51.3M), Germany ($34.4M), and Japan ($26.9M).

In 2022, Canada imported $3B in Transmissions, mainly from United States ($1.87B), China ($275M), Japan ($174M), Germany ($131M), and Mexico ($77.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$152M (21.9%)
Canada$15.8M (29.8%)
Peru$3.41M (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Canada WERE (2021 - 2022):
Japan-$22.2M (-45.2%)
Mexico-$6.39M (-11.1%)
China-$5.05M (-19.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Transmissions were:
Germany $12.6B
China $11.7B
United States $7.44B
In 2022, Canada's main importing competitors in Transmissions were:
United States $10.7B
Germany $6.19B
China $5.42B

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $278M
TOP IMPORT POTENTIALChina+ $107M

Transmissions’s highest export potential is United States. With an export gap of $278M.   Transmissions’s highest import potential is China with an import gap of $107M.

See methodology.

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