The value of exports of commodity group 8704 "Motor vehicles for the transport of goods" from Canada totalled $ 7.08 billion in 2023. Sales of commodity group 8704 from Canada went up by 76% compared to 2022: exports of commodity group 8704 "Motor vehicles for the transport of goods" went up by $ 3.06 billion (cumulative exports of commodity group 8704 from Canada amounted $4.02 billion in 2022)
Exports of commodity group 8704 "Motor vehicles for the transport of goods" amounted to 1.25% of total exports from Canada (cumulative merchandise exports from Canada totalled $ 566 billion in 2023). The share of commodity group 8704 in total exports from Canada increased by 0.576 p.p. compared to 2022 (it was 0.674% in 2022 and cumulative exports from Canada were equal to $ 596 billion).
Exports of commodity group 8704 amounted to 11.1% of total sales of group "" from Canada in 2023 (the value of exports of commodity group from Canada amounted to $63 billion in 2023). The share of exports of commodity group 8704 in sales of commodity group from Canada increased by 3.12 p.p. compared to 2022 (it was 8% in 2022, and exports of commodity group from Canada were $50 billion).
Where does Canada export Motor vehicles for the transport of goods?
Top export destinations of "Motor vehicles for the transport of goods" from Canada in 2023:
- USA with a share of 99% (7.02 billion US$)
- Japan - 16.7 million US$
- Australia - 8.1 million US$
- Germany - 6.07 million US$
- Lithuania - 3.64 million US$
- United Kingdom - 3.35 million US$
- Iceland - 2.74 million US$
- Mexico - 2.64 million US$
- Belgium - 2.47 million US$
- Netherlands - 1.8 million US$
Exports structure of 8704 - Motor vehicles for the transport of goods - from Canada in 2023 represented by the following main commodity groups:
- 51% (3.62 billion US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
- 17.1% (1.21 billion US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 16.6% (1.17 billion US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
- 8.97% (636 million US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 1.94% (137 million US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes
- 1.52% (108 million US$): 870410 - Dumpers designed for off-highway use
- 0.354% (25 million US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04
The value of imports of commodity group 8704 "Motor vehicles for the transport of goods" to Canada totalled $ 20 billion in 2023. Sales of commodity group 8704 to Canada went up by 10.1% compared to 2022: imports of commodity group 8704 "Motor vehicles for the transport of goods" went up by $ 1.9 billion (the value of imports of commodity group 8704 to Canada was equal to $18.6 billion in 2022)
Imports of commodity group 8704 "Motor vehicles for the transport of goods" accounted for 3.68% of total import flow to Canada (in 2023, total imports to Canada amounted to $ 558 billion). The share of commodity group 8704 in total imports to Canada increased by 0.405 p.p. compared to 2022 (it was 3.27% in 2022 and cumulative imports to Canada were equal to $ 569 billion).
Imports of commodity group 8704 reached 22% of total imports of group "" to Canada in 2023 (imports of commodity group to Canada totalled $91 billion in 2023). The share of purchases of commodity group 8704 in imports of commodity group to Canada went down by 0.783 p.p. compared to 2022 (it was 23% in 2022, and imports of commodity group to Canada accounted for $80 billion).
Where does Canada import Motor vehicles for the transport of goods from?
Top trading partners (import of "Motor vehicles for the transport of goods") of Canada in 2023:
- USA with a share of 76% (15.8 billion US$)
- Mexico with a share of 18.3% (3.77 billion US$)
- Germany with a share of 1.64% (339 million US$)
- Japan with a share of 1.18% (244 million US$)
- United Kingdom - 116 million US$
- Sweden - 61 million US$
- Finland - 55 million US$
- Spain - 41 million US$
- Brazil - 33 million US$
- Canada - 28 million US$
Imports structure of 8704 - Motor vehicles for the transport of goods - to Canada in 2023 represented by the following main commodity groups:
- 55% (11.3 billion US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
- 12% (2.47 billion US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
- 10.9% (2.25 billion US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 6.38% (1.31 billion US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 5.24% (1.07 billion US$): 870410 - Dumpers designed for off-highway use
- 3.48% (717 million US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes
- 0.042% (8.69 million US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04