2023
Exports
$199MWorld Rnk 16 / 137
Flag Rnk 271 / 1212
2023
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.88Rnk 213 / 1025
2023
Imports
$129MWorld Rnk 18 / 204
Flag Rnk 502 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $199M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 16th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 271st most exported product in Canada. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Canada are: United States ($184M), United Kingdom ($11.8M), Mexico ($1.3M), Saudi Arabia ($488k), and Cote d'Ivoire ($318k).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Canada between 2022 and 2023 were United States ($29.6M), United Kingdom ($4.54M), and Saudi Arabia ($473k).

Imports In 2023, Canada imported $129M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 18th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 502nd most imported product in Canada. Canada imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: United States ($99.5M), Mexico ($9.71M), United Kingdom ($4.25M), Turkey ($3.58M), and Japan ($3.15M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Canada between 2022 and 2023 were Turkey ($3.44M), United Kingdom ($1.8M), and Mexico ($1.15M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-5.06M(-19.1%)
IMPORT GROWTH (December 2023 - December 2024)C$832k(4.92%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$21.4M

This section shows Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$199M
IMPORTS (2023)$129M
NET TRADE (2023)$69.9M

In 2023, Canada exported $199M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Canada exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were United States ($184M), United Kingdom ($11.8M), Mexico ($1.3M), Saudi Arabia ($488k), and Cote d'Ivoire ($318k).

In 2023, Canada imported $129M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from United States ($99.5M), Mexico ($9.71M), United Kingdom ($4.25M), Turkey ($3.58M), and Japan ($3.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$29.6M (19.2%)
United Kingdom$4.54M (62.9%)
Saudi Arabia$473k (3.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Canada WERE (2022 - 2023):
Mexico-$2.56M (-66.4%)
Australia-$1.01M (-83.3%)
India-$393k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
China $1.92B
Germany $1.21B
In 2023, Canada's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.3M
TOP IMPORT POTENTIALChina+ $3.48M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is United States. With an export gap of $19.3M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $3.48M.

See methodology.

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